The Art of Forecasting
Link: http://www.avc.com/a_vc/2010/04/projections-budgeting-and-forecasting.html
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When it comes to creating plans for the future, we often are either deludedly optimistic or pessimistic. How can you create accurate and useful budgets based on future projections and forecasts? Fred Wilson, a VC in New York, addresses this in his continuing series on start-up accounting. Are they important? Yes, indeed. Read on for the start of this series.
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