ENTREPRENEURSHIP IN ENTERTAINMENT TECHNOLOGY WELCOME!
TODAY’S AGENDA Financial Statements Review from Tuesday Teardowns General Examples Netflix Class Exercise
FINANCIAL STATEMENTS
MAIN TYPES Income Statement (P&L) Balance Sheet Cash Flow
TEARDOWNS
CONSUMER INTERNET BUSINESS MODELS techcrunch.com/2010/10/10/teardown-13-ways-10-million-revenues/
EXAMPLES techcrunch.com/2010/10/10/teardown-13-ways-10-million-revenues/
NETFLIX Source: Public Filings
WHITEBOARD EXERCISE
WHITEBOARD Revenue streams Costs of revenue (variable costs) Other important aspects of your model Assumptions you’ll have to make Key levers
NEXT CLASS
HOMEWORK Read techcrunch.com/2010/10/10/teardown-13-ways-10-million-revenues/ Financial Model for FYE with $10M in Revenue Excel spreadsheet Explicit detail on assumptions No company intro – just get straight to the data
RESOURCES
Teardowns techcrunch.com/2010/10/10/teardown-13-ways-10-million-revenues/ techcrunch.com/2010/05/13/zynga-teardown/ techcrunch.com/2010/05/02/teardown-groupon/