Spl. Member Event: TiE Silicon Valley and SmartKapital bring to you a workshop on Start-Up Finance

TiE Silicon Valley and SmartKapital bring to you a workshop called “Start-Up Finance. Just like SmartKapital’s earlier workshop on “Business Models”, this one-day workshop has been developed along the Principles of Adult Learning Theory; hence the workshop will involve experiental learning through the application of new concepts to your own case studies. Your own business/venture will be your case study.

During over seven successful runs of the above workshop, SmartKapital learnt from entrepreneurs that many struggled with the financial aspects of putting together a business plan. It is with this feedback in mind, that this program has been devleoped. Together with a recap of the 9 building blocks of the Business Model, this workshop aims to give you the following skills:

1. Forecast revenue;
2. Understand cost behaviour and determine break-even point;
3. Understand what the various financial ratios mean and tell about your business/venture; and
4. Understand the cash burn of your business/venture so that you know your financing needs.
As highlighed before, this workshop is very hands on. Following some pre-workshop preparation, you will use the tools (mostly built on Microsoft Excel) that you are introduced to in the workshop on your own business/venture; and put together the basic financial information about it.
At the close, you will also be introduced to some basic concepts of valuation and how you could use the tools that you are introduced to in the workshop for such a purpose.

About the presenters:

Subramaniam Iyer - Subra was with PricewaterhouseCoopers for 21 years, the last 10 as Advisory Partner and 7 as a business unit leader. While he started his career in Audit (including two years in Melbourne, Australia) his work has largely been in the Advisory practice. Subra started and then led the Transactions practice focusing on financial and commercial due diligence, including strategy consulting. He then led the practice focusing on business restructuring and forensic accounting services, and went on to rebuild the consulting practice. His transactions experiences include cross-border transactions and his forensic works include investigations followed by the media. Subra graduated from the National University of Singapore with a B.Acc (Hons) and completed his professional year with the Institute of Chartered Accountants in Australia. He completed the General Management Program at the Harvard Business School in fall of 2007, and is an alumnus of that school.

Rajan Srikanth - Srikanth has a long career as a strategy, leadership and organizational change consultant with over 20 years of work experience in the US, Europe and Asia. He has worked extensively with CEOs and senior executives to help them address leadership, people, strategy and technology-related challenges. Most recently, Srikanth served as worldwide partner and President of Mercer’s Asia operations before assuming a broader role across Asia Pacific as Managing Director of the Human Capital consulting business. Srikanth has also held positions with Accenture as Executive Partner, and as Partner with Mercer Delta Consulting - a firm specializing in leadership and strategic organizational change. He has also been a consultant with a unit of KPMG Peat Marwick and with Bain & Company. From 1990 to 1995 Srikanth was assistant professor at the Walter A. Haas School of Business, University of California, Berkeley. Srikanth holds a Ph.D. from the Stern School of Business, New York University, and a B.Tech. from the Indian Institute of Technology, Madras, India.