Speakamos update
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Transcript of Speakamos update
Team Bottomline
● Developing Financials for Speakamos and Enso Data Objectives
○ Provide pro forma Balance Sheet and Income Statements by update three (4/13/15).
○ Develop Cash Flow Projection model by final project presentation (5/4/15).
Project Overview
● Converted templates into pro forma Balance Sheet and Income Statements ● Built model to value Speakamos advertising revenue ● Enso Data ● Finalized inputs for Burrill Competition Business Plan and Slides
What We’ve Done Since
● Continue weekly meetings to discuss expenses, other financial information
Next Steps
● Lesson: it is difficult to predict the projection of cash flows for early-stage start-ups.
● Challenge: coordinating over spring break, especially with the Burrill deadline.
● Excitement: delivering objectives to Bill & Alex; their business plan submissions to Burrill.
Challenges/Excitements/Lessons