I have posted many times on financial models and business plans. I have said repeatedly that VCs find it easier to look at the financial model rather than the business plan to understand the business concept. This quote from Tom Kleiner, a founder of renown VC firm Kleiner Perkins, makes the point nicely:
“I don’t know how to write a business plan. I can only tell you how we read them. We start at the back, and if the numbers are big, we look at the front to see what kind of business it is.”
The quote is from a post on All Things D.
My first book, Billion Dollar Company: An entrepreneur's guide to business models for high growth companies, integrates business concept and financial model development.