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Session 3 · 1:30–3:00 PM · INNBZ 298 · MIB 2026B

Startup Finance I
Unit Economics · Simple P&L · Supply Chain & Compliance

ISJ1 proved the problem. ISJ2 proved the solution. Today we find out if it's a business — one unit at a time.

Deliverable today

Startup FS Part 1

Individual · due 3:00 PM · no name in the file (anonymous marking)

The rule of the day

Every number gets a tag:
[E] evidence · [B] benchmark · [G] guess

Guesses are allowed. Untagged guesses are not.

Keys

← → chapters · T timer · N notes · F fullscreen
On a phone: ‹ › buttons to move · Team button for your canvas
The hook · conductor poll

Two startups want your money. Pick one.

Same industry, same stage, both raising. You can only fund one — and nobody is offering a third option called "more information."

Startup A — the momentum story

₱2.4M revenue this year
Growing 22% a month
30,000 customers
Won 2 pitch competitions · in the tech press
4.8★ app rating

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Startup B — the loyalty story

₱1.1M revenue this year
Growing a steady 9% a month
2,000 customers — 65% repeat buyers
NPS 72 · customers rave about it
Waitlist for the next batch

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Live build · milk tea on GrabFood

The Unit Economics Simulator

ask for the guess first — then press Reveal

The unit: one cup

The customer

Where the ₱ goes — one cup

Contribution

LTV

margin × freq × lifetime

LTV : CAC

CAC payback

months to earn CAC back

Ask for the guess, then press Reveal ▸ — never the other way around. "What does GrabFood take?"

Rapid fire · 30 seconds per team

What is YOUR unit?

Each team says its unit + the ONE metric that matters most (remote teammates: chat first). I place your chip where YOU said — and we fix it together if the room disagrees.

Unanswered — drag each team to the archetype they claim (or tap a chip to cycle)

Bin-GoBeVerifiedAnakloudArugaBaiHope-N-CopeTindahonVaxLinkBughawApolakiLink-ODGRACE

SaaS / Subscription

Unit = one subscriber-month

Marketplace

Unit = one transaction (careful: whose money is it?)

Physical product

Unit = one item sold (count ALL the costs)

Service / Logistics

Unit = one job / shipment / case
Work time · individual

Build YOUR numbers — Startup FS Part 1

Timer is set for 15:00 — press Start. Music on. I'm circulating (marketplace take-rates first, then landed costs).

From unit to business

The P&L Machine — 12 months, five lines

cold-call it first: profitable in month 1? breakeven when?

Growth (anchor to your beta!)

Monthly opex

Marketing is auto: CAC × new customers — it inherits the simulator's CAC. Unit economics flow in live.

Operating profit by month (green = +, red = −, labels carry the sign)

Breakeven month

Breakeven units / mo

believable, given your beta?

Year-1 cumulative

the gap capital must bridge → Session 5

Supply chain · 13 min

Your supply chain in six boxes

Physical teams — Bughaw · Link-OD · Apolaki

Every box adds pesos to LANDED COST → back into your COGS. Bughaw: agri-waste supply → processing → converting → freight & storage → the ~3% that arrives damaged. The brand and retailer downstream are NOT your cost boxes — they're your customer's margin stack, and it caps your price.

Assumption [G]: Bughaw sells finished packaging to brands. Bughaw — correct me live and we'll re-tag it [E].

Digital teams

Your chain is the tech stack + service delivery: hosting → onboarding → support → uptime. It's a per-account cost and a risk.

Sketch — 4 minutes

Draw your six boxes (paper — remote: type six lines in chat). Mark the box most likely to break at 10× volume. Then CHAT-STORM: every team posts its breaking box + why; I read the best three aloud.

Compliance · formative, not graded

Your PH exposure map — moat or landmine

all five layers are readable — ask "who does this one hit?", THEN reveal
LayerWhatWho it hits
BaselineSEC/DTI · BIR · Mayor's & barangay permits
DataData Privacy Act (RA 10173) · NPC registration · sensitive-data rules
HealthDOH · FDA · clinical boundaries · minors' data
Green / AgriDENR · EPR Act (RA 11898) · DA & food safety
Digital commerceInternet Transactions Act (RA 11967) · e-invoicing

Fill Tab 3 (3 lines)

exposure → cost ₱ → time (weeks). The Aug 8 panel will ask (Constraints Analysis).

Conductor poll — scariest regulator?

NPC (data)
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DOH/FDA
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BIR
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DepEd/LGU
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Wrap · Session 3

Submit — then the most dangerous guess you made today

Session 4 · 3:30–5:00 PM

GTM: Funnels & Loops

B2B and B2C customer acquisition — and the real price of a customer. Team deliverable: GTM Funnel/Loop, due July 21.

Where we left off

The most dangerous guess in most founders' models: CAC. Your exit tickets — collected an hour ago — will tell us if this cohort agrees. Either way: in 90 minutes it's a derived number.

The machine

A funnel turns strangers into payers — stage by stage, leak by leak. Today you build yours and price it.

The hook · conductor poll

500 waitlist signups. Zero payers. What did they know?

500

waitlist signups — "strong validation!"

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paying customers

Poll: how many of these 500 will actually PAY?

~100
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~50
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~10
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Live build · the centerpiece

The Funnel Collapse Simulator

the class shouts each number — THEN you reveal the bar

1,000 strangers walk in…

End-to-end

Payers

Derived CAC

spend ÷ payers through the WHOLE funnel

vs your LTV (simulator)

B2B · the ISJ2 wound

Four people decide your fate — who signs the check?

teach the four roles first — then show them in one real deal
RoleThe role, definedWorked example: Hope-N-Cope → a school
USERTouches the product daily. Feels the pain, loves the fix — usually controls NO budget.
CHAMPIONYour salesperson on the inside — sells you in rooms you're not in. Needs AMMO, not brochures.
ECONOMIC BUYERThe signature that moves money. Hears cost, risk, compliance — not features.
BLOCKERCan't say yes — CAN say no. Kills deals on privacy, IT, or procurement. Answer their objections before they're asked.

B2B benchmarks: outreach→meeting 10–20% · meeting→pilot 20–40% · pilot→paid 25–50%. PH institutions: 3–9+ month cycles. Pipeline = 5× your target.

Live round — answer with a NAME or exact role

"The school" is not an answer. Click when a team has answered.

AnakloudHope-N-CopeVaxLinkGRACEArugaBaiBin-GoBeVerifiedLink-ODBughawApolaki
Loops · when customers become the funnel

The Loop Machine — will it compound or fizzle?

cold-call it first: 2 invites × 25% — what is k?

k-factor

Loop types: viral (this one) · content/SEO · paid (only legal if LTV:CAC ≥ 3!) · marketplace flywheel — pick ONE side, ONE niche, make it dense.

New users per cycle — 8 cycles

After the reveals, the sliders go live — find the accept rate where this loop starts compounding. Funnels are linear and bought; loops compound and are built.

Choose your motion

The ACV ladder — drag your team to its rung

Your CAC must fit what a customer is worth per year. Drag a chip to a rung — or tap it to move up one rung. I'll challenge two or three placements.

> ₱500k / yr — FIELD SALES · long cycles, procurement, RFPs

₱5k – 500k / yr — INSIDE SALES / HYBRID · demos, pilots, light touch

< ₱5k / yr — SELF-SERVE / PLG · ads, content, virality — no humans in the sale

UNPLACED — drag teams up

ApolakiBin-GoBeVerifiedLink-ODBughawTindahonAnakloudGRACEVaxLinkArugaBaiHope-N-Cope
Team sprint · 22 minutes

Build your funnel skeleton

One scribe per team. If you have a remote member, THEY are the scribe: screen-share Team Mode into your breakout and the table dictates. All-in-room teams: paper canvas. Timer: 22:00 — Start.

Share-outs · panel practice

Three funnels, 90 seconds each — then attack

Presenting

One SaaS · one marketplace · one institutional — same skeleton, watch it diverge. 90-sec timer per team.

Everyone else — attack one assumption

"I don't believe stage __ converts at __% because __." One challenge per team, via chat/card. This is Aug 8 rehearsal.

Answer with tags

"That's an [E] — beta data" ends the argument. "That's a [G]" earns respect + a to-do. Making it up loses both.

Challenges submitted

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Homework · team · due July 21

GTM Funnel/Loop — the spec

Format: 5–7 slides or 2-pager + the canvas. Honesty of tags beats optimism of numbers.

Wrap

The day in one line

1:30 PM   You GUESSED your CAC — Startup FS Part 1 submitted ✓
5:00 PM   You know the machine that DERIVES it — funnel × channel costs
July 21   Your funnel makes it a defensible number — GTM Funnel/Loop due
Session 5   That number decides how long you live — burn · runway · fundraising

EXIT TICKET: post your team's riskiest conversion % in chat. See you July 25.

Team mode · digital funnel canvas

Your funnel skeleton

Back-solve (live)

needed at the top of your funnel

implied CAC — put this in your Startup FS Part 1

end-to-end conversion

All-[G] funnels with big numbers score below modest funnels with [E] tags. Tag honestly.

PRESENTER NOTES