ProCodeCG codeMeetUp() #46 – Finance and StartUps

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On our codeMeetUp() yesterday, we had a lecture on Finance & StartUps by the CFO and co-founder of Cybreed eFishery: Muhammad Ihsan Akhirulsyah 🙂
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The lecture began with money problems in the world.


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With Pareto Rule about money. It is not 80-20. But 90-10.
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The audience!!! Lots! (and more people were still coming in after) 🙂

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Finance is a combination of art and science (how cool is that)

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And that what makes managerial finance is very crucial in business.

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There are three legal forms of business organizationIMG_9982

You’d better start from the beginner with good corporate governance!


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The structure of the organization

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The relation between finance and economics is like engineering to science.

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And this is an example of Finance & Accounting (verrrry important!)
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And how to make investment decisions and financing decisionsIMG_9988

But above all: cashflow is king

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More people had just arrived!
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StartUps!

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Oh wow. IMG_9992

Create a startup is not easy, of course 🙂
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This is a good theory about startup. Zero To One – Peter Thiel.IMG_9994

We also learned about investors

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The entropy of the lecture was very high. We need to keep up with it and take notes that took lots of pages 🙂

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There were still more important slide in the end, one of the is about capitalism vs competition.
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And this is us! 🙂 New people!!!


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This is the soul of ProCodeCG codeMeetUp(). Each time after it finished, people will gather up in groups getting to know each other and making new connections.
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The soul of this codeMeetUp() is sharing and collaboration. See how people radiates positive vibes here?IMG_0004

We also make lists of the audience. To keep in contact 🙂
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This can go on forever! 🙂

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See you next week! 🙂

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