The Startup Chat With Steli And Hiten

In today’s episode of The Startup Chat, Steli and Hiten talk about startup money management. In the startup world, it’s very common for founders to overlook the significance of how their money is managed. Properly managing your startup’s financing is super important and not doing so can have serious consequences for your startup. In this week’s episode, Steli and Hiten talk about what money management means, why you should take money management seriously, how to deal with upfront revenue and much more.  Time Stamped Show Notes: 00:00 About today’s topic. 00:32 What money management means. 01:40 What money management is all about. 02:43 How to deal with upfront revenue. 04:11 The best money management advice for new startups. 05:53 Why you should take money management seriously. 07:15 How founders run into money management issues. 10:31 Our first sponsor. 10:46 Why you shouldn’t do your own accounting. 11:30 About Pilot.com. 3 Key Points: If someone pays you upfront for a year, how do you recognize that revenu