Sifted published a piece this week on the shift in Nordic early-stage finance advisory, and Erik spent an hour on the phone with their reporter for it. The full article is behind a paywall, but the part that got picked up in the headline was this:<\/p>\n\n\n\n
\n“Most early-stage finance advice is built for the wrong customer. It’s written by people who work with Series B and later companies, then scaled down for founders who don’t have the same problems. A seed-stage founder doesn’t need a 50-page financial model. They need to know their burn rate, their runway, and their assumptions well enough to talk about them under pressure.”<\/p>\n<\/blockquote>\n\n\n\n
The piece also covers a broader trend the Sifted team has been tracking: more Nordic VCs are recommending advisory-style relationships over full-time CFO hires at seed, especially as round sizes grow and founders try to stretch runway further. We wrote about CFO versus advisor<\/a> in more detail a few weeks ago if you want the longer version.<\/p>\n\n\n\n
Thanks to Emma Jensen at Sifted for the thoughtful conversation. If you’re a Sifted subscriber, the full article is worth reading \u2014 she interviewed four other advisory firms and the comparison is useful.<\/p>\n","protected":false},"excerpt":{"rendered":"
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