332: Running the Finances of a Startup

CodePen Radio

Episode | Podcast

Date: Wed, 08 Sep 2021 22:29:51 +0000

<p>Dee and Chris talk about "everything money-related" at CodePen. Dee has been managing this stuff since CodePen's beginning. First largely pro-bono (sorry, Dee), then later as a side gig and part-time job. Dee is full-time now at CodePen, but finance stuff is only part of her role (programming being the main job). It's a lot of work, but she likes being able to influence CodePen for the better from multiple angles. </p> <p>At a big company, all this finance work would probably manifest as a COO. But CodePen is just a midling startup, too small really for a COO, but also too big for a homegrown spreadsheet. Dee gets into all the work that goes into finance, from the vital documents that are the Profit &amp; Loss Statement, Balance Sheet, and Cash Flow, to other work like cohort analysis and cap table work.</p> <h3 id="h-time-jumps">Time Jumps</h3> <h3 id="h-sponsor-retool-for-startups">Sponsor: <a href="https://srv.buysellads.com/ads/long/x/THMJPQS3TTTTTTTWFEEN4TTTTTTTM3JTK6TTTTTTE4R45YVTTTTTTJSYPHSILMDNPMMU62PL2RSCNR4ZCW7NNJIUV26T">Retool for Startups</a></h3> <p>After working with thousands of startups, we’ve noticed that technical founders spend a ton of time building internal tools—which means less time on their core product. So, we built Retool For Startups—a program that gives early-stage founders free access to a lot of the software you need for great internal tooling.</p> <p>The goal is to make it 10x faster to build the admin panels, CRUD apps, and dashboards that most early stage teams need. We’ve bundled together a year of free access to Retool with over $160,000 in discounts to save you money while building with software commonly connected to internal tools like AWS, MongoDB, Brex, and Segment.</p> <p>We give you a head start with pre-built UI components, integrations, and other advanced features that make building from scratch much faster. To learn more, check out our site, apply, join webinars and much more at&nbsp;<a href="https://srv.buysellads.com/ads/long/x/THMJPQS3TTTTTTTWFEEN4TTTTTTTM3JTK6TTTTTTE4R45YVTTTTTTJSYPHSILMDNPMMU62PL2RSCNR4ZCW7NNJIUV26T">retool.com/startups</a>.</p>