You’ve got an operational company. You’ve raised money from an investor. You have a board of directors and regular meetings. You report your KPIs to them. Everything is running smoothly. Then you get to the end of the year and they ask you what the budget is for next year!
Wikipedia and Investopedia.
How Budgeting works for Companies – Investopedia
The Beauty of Budgeting – Investopedia
Reading from Feld.com
Brad Feld is one of the most prolific startup investors in the world, a co-founder of the TechStars accelerator, and multiple entrepreneurs have told me he’s an awesome board member.
Reading from AVC.com
Fred Wilson has been blogging every day for years. He seems to be the most prolific voice of venture capital, especially impact-oriented tech companies (e.g. Etsy, Kickstarter, Twitter) well respected, well experienced, and full of useful knowledge: