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Learning Lab Financial Literacy Flashcards | StudBud

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Which funding stage is typically supported by personal savings and angel investors?

What is a good LTV:CAC ratio

Learning Lab Financial Literacy

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Questions 9

Answers

1
What is a good LTV:CAC ratio
0
Between 0 to 1
Between 3 to 5 or higher
Between 1 to 2
2
Which funding stage is typically supported by personal savings and angel investors?
Series C
Series A
Series B
Pre-Seed/Seed
3
What is the equation to calculate gross profit?
Operating Income - Other Expenses
Revenue - COGS
Revenue - Operating Expenses
Revenue - Interest Expense
4
What is the main purpose of a proof of concept?
To build final product
To create a marketing plan.
To impress investors with visuals
To test if your idea works in the real world
5
When should you build a Proof of Concept for you Startup?
When you're ready to hire a team
After you start generating profit
After raising series A funding
Before building the full product
6
Why are capital requirements important for a startup?
To calculate taxes owed at year-end
To calculate the company's net profit
To ensure the startup has enough funding to operate and reach milestones
To determine how many products the company should sell
7
Why is financial planning important for startups?
It helps avoid taxes
Helps hire friends and family
It garauntees investor approval
It helps avoid running out of cash
8
What does a startup's "runway" represent?
The length of a marketing campaign
The total number of employees a startup can hire
The path to product development
The amount of time a startup can operate with its current cash
9
What is typically the goal of Series A funding?
Scale operations and expand customer base
Buy new office equipment
Register your business
Create a basic prototype