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Founder ChatsAuthor: Baremetrics
Each week we sit down with a different founder to talk shop. Get honest, insightful looks in to how other founders run their businesses. Language: en Genres: Business, Technology Contact email: Get it Feed URL: Get it iTunes ID: Get it |
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A Holistic Approach to Financial Forecasting with Bijan Moallemi
Episode 74
Tuesday, 12 July, 2022
About Bijan Moallemi:A graduate of UCSD, Bijan Moallemi has nearly a decade of experience building and leading finance functions at companies like Qualcomm and Palantir. He knew CFOs deserved access to better tools, so he co-founded Mosaic Finance to build the next generation of finance software for CFOs and their teams. Today, Mosaic has achieved a 3.5x increase in customer base, raised $18.5 million in funding with investors like General Catalyst and Founders Fund, and is deployed by the fastest-growing technology companies worldwide.About Mosaic Finance:Mosaic is a compass for business leaders, providing a real-time Analytics and Planning platform that helps teams get from data to decision — faster. Historically finance teams have spent the majority of their efforts in reactive mode, wrangling data to unlock basic facts about the past. A Strategic Finance Platform like Mosaic breaks that cycle by integrating data, automating analytics, and connecting teams so they can focus on the future.Show Notes:01:00 start of Bijan Moallemi’s entrepreneurial journey05:00 making the move to fast-growing tech sphere in the Bay area: facing new business challenges14:00 the importance of building good financial foundations and structures25:00 the iterative process of choosing a model for financial forecasting: testing and adjusting forecasting over the first couple of years38:00 troubleshooting and dealing with the fallout of inaccurate financial models47:00 attracting first customers early on and building the product around them to make sure that what you’re building matches their needs
