332: Running the Finances of a Startup

Dee and Chris talk about "everything money-related" at CodePen. Dee has been managing this stuff since CodePen's beginning. First largely pro-bono (sorry, Dee), then later as a side gig and part-time job. Dee is full-time now at CodePen, but finance stuff is only part of her role (programming being the main job). It's a lot of work, but she likes being able to influence CodePen for the better from multiple angles. At a big company, all this finance work would probably manifest as a COO. But CodePen is just a midling startup, too small really for a COO, but also too big for a homegrown spreadsheet. Dee gets into all the work that goes into finance, from the vital documents that are the Profit & Loss Statement, Balance Sheet, and Cash Flow, to other work like cohort analysis and cap table work. Time Jumps Sponsor: Retool for Startups After working with thousands of startups, we’ve noticed that technical founders spend a ton of time building internal tools—which means less time on their core product. So, we built Retool For Startups—a program that gives early-stage founders free access to a lot of the software you need for great internal tooling. The goal is to make it 10x faster to build the admin panels, CRUD apps, and dashboards that most early stage teams need. We’ve bundled together a year of free access to Retool with over $160,000 in discounts to save you money while building with software commonly connected to internal tools like AWS, MongoDB, Brex, and Segment. We give you a head start with pre-built UI components, integrations, and other advanced features that make building from scratch much faster. To learn more, check out our site, apply, join webinars and much more at retool.com/startups.