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G2 CFO Chad Gold on Building a Durable Career as a Venture Backed Exec

G2 CFO Chad Gold on Building a Durable Career as a Venture Backed Exec

FromRun the Numbers


G2 CFO Chad Gold on Building a Durable Career as a Venture Backed Exec

FromRun the Numbers

ratings:
Length:
49 minutes
Released:
Feb 19, 2024
Format:
Podcast episode

Description

On Today’s episode, CJ welcomes Chad Gold, the CFO of G2 and the former CFO of Salesloft. Gold shares valuable insights on the role of finance in startups and the qualities that set you on the path for a successful CFO career in venture-backed ecosystems. Chad has raised money from some of the best investors in the business, including Vista Equity, Permira, Accel, IVP, and Insight. And he’s built world class finance teams for hypergrowth.On this episode we cover * The concept of building lines, not dots, with investors* How to decide how much time to dedicate to investor meetings vs running the business* How majority recaps work, and the equity implications for execs and employees* How finance teams can make the news, in a good way* And we go way back to get some early lessons he learned on the finance team at Home Depot when he was just starting his careerNot only does Chad have the best name for a CFO, he’s extremely thoughtful about how FP&A and finance can plug into the business to be drivers, not passengers, during periods of hypergrowth. He’s also one of the people who comes to mind when I think about building a durable, successful career as a reputable venture backed chief financial officer. If you’re looking for an ERP platform, check out our sponsor, NetSuite: https://netsuite.com/metrics—SPONSORS:NetSuite provides financial software for all your business needs. More than 37,000 thousand companies have already upgraded to NetSuite, gaining visibility and control over their financials, inventory, HR, eCommerce, and more. If you're looking for an ERP platform ✅ NetSuite: https://netsuite.com/metrics and get a customized KPI checklist.Maxio is the only billing and financial operations platform that was purpose built for B2B SaaS. They're helping SaaS finance teams automate billing and revenue recognition, manage collections and payments, and put together investor grade reporting packages. ? Request a demo at www.maxio.com/runthenumbers for 10% off your first year.Thoropass provides complete compliance management, continuous monitoring, and security audits through intuitive software and expert guidance – allowing you to do business with confidence. Learn more: https://bit.ly/Thoropass ?Tropic is the next-generation Procurement Platform that’s helping modern CFOs take control of their budgets and bottom line. By combining approval workflows, supplier management, and pricing benchmarks all in one place, Tropic makes savings opportunities easy to find and act on. ? Visit www.tropicapp.io/metrics to learn how.—FOLLOW US ON X:@cjgustafson222 (CJ)@chadjgold (Chad)@turpentinemedia—TIMESTAMPS:(00:00) Intro(02:32) Sponsors: NetSuite | Thoropass  (05:04) Building Relationships with Investors(11:28) Understanding Majority Recapitalization(18:16) Sponsor: Maxio (22:07) Building Great Finance Teams(25:06) Ownership Mentality(25:42) How Finance Teams Can Empower Their Company(29:39) Making The News and proactivity(33:15) Feedback Cycle(37:20) The Importance of Relationships(40:16) The Role of Finance in Business Operations(42:03) Chad’s Past Mistakes (45:55) Chad’s software stack brought to you by Tropic  Get full access to Mostly metrics at www.mostlymetrics.com/subscribe
Released:
Feb 19, 2024
Format:
Podcast episode

Titles in the series (61)

Run the Numbers is a weekly podcast about financial metrics and business models, designed for ambitious people operating tech startups. It's a collection of things host CJ Gustafson (CFO at Partstech and writer of Mostly Metrics) has learned and thought about in the trenches as a tech CFO. This show is meant to serve as a playbook of sorts for the stuff CJ wishes he knew earlier in his career, both from experience and from copying people smarter than himself. Topics frequently touch upon Startup SaaS Metrics, Annual Budgeting, Financial Forecasting, Headcount, Equity, Dilution, and Fundraising – and how all of these drive business performance and growth.