We understand your journey as a founder and we approach your bookkeeping with a founder's mindset. How much runway do you have left? Where are you spending your funding? Our mission at Fondo is to be your partner. We strive to help you build an enduring business by taking work off of your plate, providing you with the data you need to make key business decisions, and making sure your startup is in compliance at the state and federal level.
We would love to partner with you! We are an experienced team of accountants and entrepreneurs dedicated to exceptional client service and helping your startup succeed!
After my first startup raised over $120M and my second startup bootstrapped to an $18M exit, I thought that my third startup would definitely be a success. Instead, we failed.
We had a great idea and solid traction. We even got to $2M in revenue in our first year. However, we didn’t have line of sight on our cash flow and our expenses got too high. The market changed and we did't course correct in time. This resulted in us burning through all of our runway.
70% of YC startups fail between seed and series A. By the time they burn through the majority of their runway it’s just too late.
This is why we started Fondo. We want to help founders protect their runway so they can thrive and have enough resources to hit their next milestone. If you’re a founder who wants to protect your runway and beyond we would love to help!
Thank you!
David