There are so many startup accelerators that take a team of engineers / product people and do their best to make businesspeople out of them. I'm one of those CEOs, for sure, and learning about the financial world, accounting, and trying to make sure to not mis-speak was quite difficult.
The primary training I received during the accelerator helped a lot, but it was more along the lines of how to more accurately model in excel. It was up to the CEO (?CFO? if you're lucky) to get all this exactly right, and it's not easy.
I think that when an accelerator knows that its teams are not well-versed in the financial part of running a startup, there should be more emphasis on helping them learn. It's daunting to try to do that alone.
The primary training I received during the accelerator helped a lot, but it was more along the lines of how to more accurately model in excel. It was up to the CEO (?CFO? if you're lucky) to get all this exactly right, and it's not easy.
I think that when an accelerator knows that its teams are not well-versed in the financial part of running a startup, there should be more emphasis on helping them learn. It's daunting to try to do that alone.