Elad Simon

NEGOTIATE, NEGOTIATE, NEGOTIATE. Last year, on November 15th, when all the last-minute BFCM guides told you to “Negotiate Net Terms With Inventory Vendors” they had to hedge this specific recommendation because “This one’s a bit late for this year.” Well, there are 96 days until this year’s Black Friday, most certainly not "a bit late." It’s just enough time to make some time to reach out to them and come back on the other side with more favorable terms. In this supply-chain reality, one can make the case that it’s a buyer’s market (you’re the buyer), and every tweak can go a long way toward helping you win* this BFCM. (* - reminder: winning BFCM is not just about top-line sales. But you already knew that)

A truly meaningful milestone for all of us here at @FinaloopTeam as today we announce our $35M Series A funding led by @Lightspeedvp! 🙌 Huge thanks to our customers, investors & the team around here, all true partners in a mission to help DTC founders and brands completely trust their books every second of every day. On their way to building more financially sustainable businesses. As a DTC founder myself, I've seen firsthand the struggles with operational complexities, lack of financial clarity, and growth optimization challenges. The past two years have been tough for our space - this funding will help us to continue to invest in real-time financial visibility for ecommerce businesses as they drive profitability responsibly. Thank you to our supportive and helpful community, we have so many exciting developments on the roadmap for you. Now back to work - one chapter closed, many more books to follow 💪