Jakob Wrulich (@jacck77) header
Jakob Wrulich (@jacck77) profile picture

10 years as Startup CFO | Background in M&A and Consulting | Fintech | Proptech | SAAS

Zurich | Hamburg | London
Joined April 2009
Photo by Jakob Wrulich (@jacck77)Photo by Jakob Wrulich (@jacck77)Photo by Jakob Wrulich (@jacck77)Photo by Jakob Wrulich (@jacck77)Photo by Jakob Wrulich (@jacck77)Photo by Jakob Wrulich (@jacck77)
1/ For startups, managing cash and liquidity is essential for survival and growth. There is some great content out there on this topic. Here are some valuable resources to help you make informed decisions and optimize your financial management:
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10/ Understanding cash flow statements II: using Google as an example, @AliTheCFO's tweet reminds us that cash is the lifeblood of any business, and managing it effectively can make or break a startup's success. teapawt.org/AliTheCFO/status/15156…
STOP focusing on Profit START focusing on Cash Flow Cash Flow Statement 101:
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11/ In conclusion, managing cash and liquidity is critical for startups. I bookmarked all these resources as I find they provide valuable and actionable insights into optimizing your financial management, forecasting cash flow, and surviving lean periods.
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Good article from @BessemerVP on when you should hire a CFO and what background they should have. Also: "the single most important quality in a finance lead is the ability and willingness to challenge founders" bvp.com/atlas/how-to-hire-a-… #CFO #startups
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What happened with Silicon Valley Bank was just a blip compared to the much larger timebomb sitting on bank balance sheets Here’s the even larger issue investors should worry about 🧵
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Very true. VCs tend to become more involved if you fail to meet your targets. You'll then need to invest more time in demonstrating to your board that you're taking the correct actions, which detracts from focusing on operations.
The key to having good investor relations? Spend less time worrying about investor relations, and more time driving cashflows in the business. Telling a good story is easier if the story is already good.
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Jakob Wrulich retweeted
Amazing Christmas stories from @Azimo customers - Happy holidays everyone 🎅🌲❄️☀️
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Jakob Wrulich retweeted
Congratulations @Azimo - #18 on the @TechFast50 !! deloitte.co.uk/fast50/winner…
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“Follow the money: Automated financial reporting at scale” by Kamil Dziublinski medium.com/azimolabs/follow-… @azimo
Congratulations to Tatiana! Future CFO of the year! #WomeninFinanceAwards @Azimo
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Jakob Wrulich retweeted
Great to see the #SuperEagles get three points against Iceland. To celebrate @Azimo is offering money transfers from Europe to #nigeria with no fee, all day tomorrow. Great time to send money home! – at Volgograd, Russia
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