In prep for ipo….

Anytime a company is getting ready for an ipo, there is tremendous excitement. In such situations it is important to remember: the window should be right (the market and the health of financials), predictability, anchor business, and the operational readiness. But it is equally important to remember never to mislead investors. If we are aware of drivers that could lead to a shortfall of results, we need to disclose. 

Further, the plan we put forward, can have market risk, but if the market exists, should be achievable with good execution. Super important to have a viable plan. An unviable “pie in the sky” plan, if missed, is bound to attract scrutiny and spotlight. 

On taking positions with CEO…

There are going to be times when the CEO and cfo have counter views. In such situations, never take extreme positions because the other person will shut down. We, as cfos, have to provide counter points as balance, but not take extreme positions. Else we will never be able to convince the other person. 

Similarly, an acknowledgement of the other persons priorities goes a long way. Make the CEO aware, but position it as - this is exciting possibility, let’s figure what needs to be done to get us there.