On our codeMeetUp() yesterday, we had a lecture on Finance & StartUps by the CFO and co-founder of Cybreed eFishery: Muhammad Ihsan Akhirulsyah 🙂
The lecture began with money problems in the world.
With Pareto Rule about money. It is not 80-20. But 90-10.
The audience!!! Lots! (and more people were still coming in after) 🙂
Finance is a combination of art and science (how cool is that)
And that what makes managerial finance is very crucial in business.
There are three legal forms of business organization
You’d better start from the beginner with good corporate governance!
The structure of the organization
The relation between finance and economics is like engineering to science.
And this is an example of Finance & Accounting (verrrry important!)
And how to make investment decisions and financing decisions
But above all: cashflow is king
StartUps!
Create a startup is not easy, of course 🙂
This is a good theory about startup. Zero To One – Peter Thiel.
We also learned about investors
The entropy of the lecture was very high. We need to keep up with it and take notes that took lots of pages 🙂
There were still more important slide in the end, one of the is about capitalism vs competition.
And this is us! 🙂 New people!!!
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.
The soul of this codeMeetUp() is sharing and collaboration. See how people radiates positive vibes here?
We also make lists of the audience. To keep in contact 🙂
This can go on forever! 🙂
See you next week! 🙂