SnapShot Web3 Advisory
  • 👋Welcome to Snapshot Web3 Accounting & Advisory!
  • OVERVIEW
    • 🙋‍♂️Meet the Founder!
    • 💡What problems do we solve for you?
      • Reducing your mental load as a founder 🤯
      • Implementing accounting subledger & tax software
      • Protecting your cash runway 🔥
      • Staying out of trouble with the ATO
      • Web3 advisor network at your fingertips
      • Optimising your wallet structure
      • Give your investors more confidence in your project
      • Support with fundraising & token launches
  • Our Services
    • 🤝Crypto Accounting Package
    • 💪Crypto & Fiat Accounting Package
    • 🔮Forecast Preparation
    • 📊On-Chain Accounting System Implementation
    • 🔐Wallet Structure Review & Implementation
    • 🧮Founder Crypto Accounting & Tax Reporting
  • A bit about us
    • 📅Let's get in contact
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Protecting your cash runway 🔥

PreviousImplementing accounting subledger & tax softwareNextStaying out of trouble with the ATO

Last updated 7 months ago

Web3 and TradFi start-ups have one BIG thing in common. They live and die by their cashflow.

Your burn rate is used to determine how quickly you will deplete your startup capital before becoming cash flow positive or requiring addition funding. It is one of the key financial KPIs to monitor for a startup.

When it boils down to it, cash is king. How much fiat and stable coins you have until you break even or move to a cash positive position is critical.

Running out of runway can be fatal for your project. At the very least a short runway weakens your bargaining position when negotiating terms with potential investors.

Understanding and monitoring your runway allows you to prepare appropriately for your next fundraising round & also helps keep your team accountable for operational expenditure.

As the saying goes... what gets measured gets done.

We do the measuring. You keep on building.

💡