Solutions to Quiz Questions for Class # 4 - Products
Solutions to all quiz questions from Class # 4 - Products that require a financial model
This includes solutions to the following quiz questions. organized by lecture type:
Sales Reps Pricing Strategy: Q9
Modeling Online Marketing Strategy: Q5 and Q6
Calculating Online Revenue: Q3
Calculating Sales Reps Revenue: Q2-Q5
Modeling Wholesale Strategy: Q2, Q3, and Q7
Fixed Costs: Part 1: Q5-Q9, Part 2: Q10, Part 3: Q11
Fixed Assets: Q12-Q17
Working Capital: Q5-Q11
Funding Needs: Q2-Q15
Financial Summary: Part 1: Q6 and Q7, Part 2: Q9, Part 3: Q13
Lifetime value and Break-even: Q3 and Q4
Victoria Yampolsky, CFA, is President and Founder of The Startup Station, an educational and consulting company committed to help startups be successful and get funded faster. She focuses on creating detailed strategic roadmaps and converting them into credible financials and valuations for early-stage ventures. Specifically, she helps entrepreneurs correctly translate their business plan into a financial plan, evaluate the financial feasibility of different initiatives, credibly present their company to investors, and use their financial model to drive the business forward..She has worked with over 100 founders one-on-one and more than 1,000 founders have taken The Startup Station's courses to learn the basics of accounting, valuation, financial modeling, and startup financing.
Victoria is an advisor to DreaMe, Opkix, and Stringflix, as well as a founder of several ventures in media and entertainment. Previously, Victoria worked for Deutsche Bank and was a technology consultant with CapGemini's Financial Services Division. Victoria holds a Bachelor's Degree, Cum Laude, in Computer Science, with a minor in Mathematics, from Cornell University and an MBA, with honors, from Columbia Business School. Victoria is also on the Advisory Board of the Computing and Information Science (CIS) Department of Cornell University.