A VC's perspective on the modern CFO, with Nick Wijnberg
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Description
Lauren and Alex sit down with Nick Wijnberg, a former Wall Street banker turned CFO and partner at Lorimer Ventures. Nick shares his journey from high school investor to equity derivatives trader, structured credit specialist, commercial banker, and ultimately a company builder. He discusses the importance of understanding investments and the VC ecosystem, the return on investment (ROI) required in early-stage startups, and the evolving role of a CFO within a company. The conversation covers various topics like the impact of higher interest rates on financial decisions, and how Nick has brought together dual roles as a fractional CFO and investor. Nick offers insights on preparing for board meetings, the importance of three-sheet financial models, and actionable advice for finance leaders gearing up for fundraising rounds. Tune in to explore the dynamic interplay between finance, strategy, and operational success through the lens of an experienced CFO and investor. 00:00 Introduction to Growth Minded CFO 01:04 Meet Nick Wijnberg: From Wall Street to Company Builder 02:00 Nick's Journey: From Investor to CFO 05:02 The Challenges of Being an Operator 08:21 The Importance of Empathy and Experience 15:01 Balancing Roles: Investor and CFO 19:55 Adapting to a High Interest Rate Environment 20:59 The Evolving Role of the CFO 24:03 Managing Financial Conversations with Founders 27:20 Empowering Teams Through Financial Strategy 29:09 The CFO's Role in Board Meetings 34:35 Preparing for Fundraising as a CFO 39:19 Conclusion and Final Thoughts Connect with Nick on LinkedIn: https://www.linkedin.com/in/nwijnberg/ Find out more about Lorimer Ventures: https://www.lorimerventures.com/ Connect with Alex on LinkedIn: https://www.linkedin.com/in/alexlouisy/ Connect with Lauren on LinkedIn: https://www.linkedin.com/in/laurenepearl/ The Growth-Minded CFO podcast aims to challenge the status-quo and smash the ‘back-office shackles’. Hosts Lauren Pearl (Fractional CFO, 3-time Founder and Startup Finance Instructor at NYU) and Alex Louisy (FinTech CEO and Y Combinator graduate) speak with inspiring finance and business leaders who’ll share what great CFOs are doing to support high performing organizations. This podcast is powered by Upflow - a Financial Relationship Management platform enabling faster payments, stronger customer relationships and efficient growth for your business. Join thousands of next-level finance leaders and go from chasing invoices to engaging customers. Find out more at https://upflow.io/ Want to get in touch? Reach out to our producer at [email protected]
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