While the traditional business plan may be all but dead, most investors would still self-identify more as financial engineers than software engineers. Therefore, it is crucial for startups to be professional with their financials when pitching investors - it shows that they speak the same language, and that they understand the importance of building a sustainable business to go along with their snazzy product.
Of all the rookie mistakes we've seen in startup pitch financials, these are the most common.
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