What is the default format with regard to financial projections for startups seeking angel and/or venture capital?
A) Show only top-line revenue
B) Show monthly projections for the first two years and annually for outlying years
C) Show annual projections up to ten years
D) Show annual projections up to five years

Question

Quizplus · Accepted Answer

Startups seeking angel or venture capital typically show monthly financial projections for the first two years to provide a detailed view of their expected financial performance in the short term. For the outlying years beyond the first two, annual projections are common as they offer a longer-term perspective while acknowledging the increased uncertainty in forecasts further out.

What Is the Default Format with Regard to Financial Projections