Propeller Industries

🎤 Tune in on Wednesday, August 28th to hear Propeller CFO Matt Turner's answers to founder's questions about profitability in the #CPG industry alongside Bravo CPG's Andrew Kresge, Benjamin Milgrom and BOYLE BRANDS' David Boyle! Register Here: https://lnkd.in/eUkVRbEx

📰 We've gathered the top 3 highlights from the latest news and trends in the #startup industry. Check out The Monday 3: ✨ belliwelli and OLIPOP PBC are leading the charge in the booming gut health market with targeted messaging, vibrant packaging, and consumer-friendly benefits to drive sales and boost awareness. https://lnkd.in/gpA8sqWc   🔎 5 essential strategies to ensure your startup's IPO is a success: maintaining your vision, balancing innovation with compliance, and more. https://lnkd.in/gShZzEqF   💲 Understanding the latest trends and opportunities for raising capital in 2024 is crucial for emerging businesses, as it involves navigating evolving market dynamics and aligning with investor priorities to secure funding and drive growth. https://lnkd.in/gi_AtX5q #healthproducts #startupstrategies #raisingcapital

📰 We've gathered the top 3 highlights from the latest news and trends in the #startup industry. Check out The Monday 3: 👍 Consumer preferences are evolving with shifts in health, environmental, and societal values, driving transformation in the "Better For™ You" market across beverages and snacks. https://lnkd.in/gqsz2uPz   💲 Understanding equity, debt, and convertible instruments allows you to strategically fuel your business growth, maintain control, and adapt to market changes, setting the stage for long-term success. https://lnkd.in/g3xyh3NU   🛍 Pinterest reveals how its innovative, shoppable content is drawing in a growing Gen Z audience and boosting brand discovery without focusing on direct conversions. https://lnkd.in/gUwWaiRB #BetterForYou #RaisingCapital #GenZ

💡 NEW BLOG: In today's remote work environment, the demand for generalist CFOs is rising as industries become increasingly interconnected. Traditional roles are evolving, and businesses need leaders with multidisciplinary expertise to stay competitive. In our latest blog, Propeller CFO, Amanda Morgenstern, shares her insights on why generalist CFOs are uniquely equipped to navigate this new landscape. From managing industry crossovers—like CPG companies incorporating SaaS elements or retail brands accepting cryptocurrency—to integrating marketing and sales into financial strategy, we dive into how a broad skill set is essential for modern CFOs. Read the blog: https://lnkd.in/e4aF4Pe3 #CFO #IndustryInsights

📰 We've gathered the top 3 highlights from the latest news and trends in the #startup industry. Check out The Monday 3: ⚡ Growing tech companies can strategically reduce costs without compromising quality, by leveraging AI, flexible work models, and smart marketing techniques. https://lnkd.in/dTXpWGvS 🔎 Key tax changes, including expiring provisions, new R&D cost rules, minimum tax rates, and international updates, that CFOs should be thinking about through 2024. https://lnkd.in/ggmmcfJz 🛒 As big-box retailers like Walmart and Target cut prices to attract inflation-weary shoppers, CPG startups such as Proper Good and Kokada are feeling the pressure to lower their costs to meet consumer demand for affordable options. #costreduction #finance #consumergoods

We had a fantastic time yesterday cheering on the USA women's gymnastics team alongside Bonfire Ventures 🔥, Upfront Ventures, Fenwick, and an incredible group of LA's leading female founders, funders, and operators! 🥇 The energy and camaraderie were truly inspiring, creating an unforgettable experience of support and connection as we cheered for the USA women's gymnastics team competing at the Olympics.

⛳ We had a fantastic time co-hosting a night out at Topgolf last week with TriNet! It was an incredible evening filled with great conversations, new connections, and some friendly competition. We’re always excited to support events that bring together innovative minds and foster collaboration within the startup community. A big thank you to NAKEDCASHMERE, Pressed Juicery, Guru Nanda, Oliphant, Powered by Point, Crosscourt, Activate Talent, and Propeller representatives Chad Kalebic and Regina Brauer for joining us and making the night memorable. Looking forward to more events that inspire and connect!

📰 We've gathered the top 3 highlights from the latest news and trends in the #startup industry. Check out The Monday 3: 🔎 Mastering revenue metrics like Gross Revenue Retention (GRR) and Net Revenue Retention (NRR) is crucial for sustainable growth, as they offer unique insights into a company's revenue health, guiding strategic decisions on customer retention, service stability, and revenue maximization. https://lnkd.in/eyiCSTAc   💡 In a challenging VC landscape, consumer startups are pivoting towards profitability and organic growth, with some still managing to secure significant funding by adapting to new investor expectations. https://lnkd.in/eUzS4b3e   📋 Upcoming changes to the Hart-Scott-Rodino (HSR) Act's filing process by the FTC and DOJ will significantly extend the time and cost required for M&A deal documentation, as companies will need to submit much more detailed information, impacting both current and future transactions. https://lnkd.in/gqJHuwYD #GRR #Profitability #HSR

There's lots of chatter about how you NEED to go omnichannel if you're a brand. But what if you just focused on DTC? How big could you grow? It was a delight having Angela Vranich & Ben Lewis, founders of Little Spoon on The Consumer VC podcast. Little Spoon sells millions of better for you baby food to families each month...all DTC. They share: • Why since the beginning DTC was the focus • Finding the right manufacturer and building out their supply chain • Why they raised capital • Strategies to navigate the challenges of rising CACs • Balancing growth vs. profitability • When they became profitable & much more Thank you to Propeller Industries for sponsoring this episode. Propeller Industries is the leading strategic finance and accounting partner for venture-stage companies. Thinking about profitability, extending your runway, and improving efficiency in your operations? Propeller’s fractional model offers a dynamic solution that provides a cost-effective alternative to hiring full-time finance talent. Links in comments to listen 👇👇👇 #DTC #consumerbrands #CPG #entrepreneur #startups #consumer #consumervc

💡 Finding financial modeling for SaaS companies isn’t difficult—there are countless plug-and-play Excel templates you can download online for free. But creating accurate and effective financial modeling for SaaS companies? That requires real expertise and insights. Proper financial modeling is less about plugging in the data and more about understanding the variables you have to play with. To make wise, realistic projections, you need a comprehensive understanding of your entire company’s ecosystem. We sat with fractional CFO Brian Raphael to learn how he handles financial modeling for SaaS companies—and what your finance team is most likely to overlook: https://lnkd.in/eAV9zR9m #FinancialModeling #SaaS #CFOTips