Startup Financial Valuation

Director Mitch has a great post on the model he uses to do the financials for a business plan. Cool stuff, althought I'm kind of confused…

This spreadsheet evolved over several iterations, and I've been toting around the current version for about half a decade now. It's proven very valuable since it is a necessary part of writing a business plan.

I'm almost interpreting that to mean he uses the same spreadsheet each time – without changing the numbers!