Co-founder & CEO @medianfi. Helping business owners manage, understand, and grow their profits.
New York, NY
Joined August 2012
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Jacob Sheldon retweeted
A fractional CFO pays off when there's an event behind it, like a raise you're preparing or a board asking for a forecast you can't build. Until then, accurate monthly books are the better spend.
medianfi.com/blog/when-start…
Jacob Sheldon retweeted
Median is now in the @brexHQ accountant directory.
Your Brex spend lands the day it happens. Your books probably don't.
We categorize and post entries every business day and build custom reports on top of them, so you can run on current numbers.
partners.brex.com/directory/…
Jacob Sheldon retweeted
We spoke with @JacobMSheldon about what we're up to at Bend — warminguptoclimatetech.subst…
Jacob Sheldon retweeted
My nursing friends are currently on strike 🪧 for fair working conditions and patient safety. Did you know there are no legal patient:nurse ratios in NYC? I’ve worked shifts where I had 20 pts in the city’s busiest ER/ Trauma Center. It’s time to do better
nytimes.com/2023/01/09/nyreg…
Jacob Sheldon retweeted
LinkedIn CEO Ryan Roslansky
"Pre-pandemic,~1% of all jobs posted on LinkedIn were remote. As of today, that number is ~14%...but that's not the fascinating part. What's fascinating is north of 50% of all job applications on a daily basis on LinkedIn go to that 14% of remote jobs"
Jacob Sheldon retweeted
Fractional CTOs are puzzling for many people.
- "Why wouldn't companies simply hire a full time CTO?" - Some people asked me over DMs
These are 7 reasons why companies hire Fractional CTOs 👇
Jacob Sheldon retweeted
we used a fractional CTO for Mobius and it was absolutely crucial for us to cross the development chasm of death while bootstrapping our MVP.
Jacob Sheldon retweeted
Fractional CTO work seems to be becoming more popular.
Many established full time CTOs seem curious about doing Fractional work.
One of the main questions I get is about pros and cons of this "Fractional" lifestyle vs a traditional full time job.
These are my pros & cons👇
Jacob Sheldon retweeted
I oversee $60+ million in annual revenue as a fractional CFO.
Whenever I take on a new client, there's almost always "low-hanging fruit" (to increase revenue & profit).
These are some of the most common: (mini 🧵)
Jacob Sheldon retweeted
"The average hiring mistake costs a company $1.5M+ per year"
How we iterated our interview process @loom early on to avoid mistakes & hire the right people:
Jacob Sheldon retweeted
No book, podcast or Twitter thread will simulate how you actually feel when:
- A deal falls apart at the last minute
- A key employee leaves you
- A partner abuses your trust
You have to actually live through those things.
Jacob Sheldon retweeted
Fascinating trend:
Interest in all kinds of fractional roles is exploding right now.
Jacob Sheldon retweeted
Learn about how Fiveable hired a fractional CFO to help them prepare for and raise a Series A round
buff.ly/3RfhOWA
Jacob Sheldon retweeted
Yup. I can confirm.
Amidst the chaos in the early stage startup market, I have never had so many inquiries for Fractional CTO work as during this past month.
The core problem is still there: companies can't hire the senior profiles they need, as fast as they need them.
1/3
Jacob Sheldon retweeted
What is a Fractional CTO?
In a comment to @GergelyOrosz, last month, I mentioned that Fractional CTO "jobs" are in high demand.
I received several DMs from CTOs asking me how it works.
After around a dozen such engagements over the past 5 years.
This is what I know🧵
Jacob Sheldon retweeted
My friend and investor @JacobMSheldon (@use_shiny) is helping companies find fractional talent to help them build! The healthcare startup scene is in demand for fractional CMO’s (chief medical officers). If you’re interested - DM I can make the intro.🏥
producthunt.com/posts/shiny-…
Jacob Sheldon retweeted
One of the less obvious reasons I’ve learned to not burn cash too quickly is that it can take longer than you think to arrive at important insights. Time has a way of offering you more odds of getting lucky & giving you room to make trajectory changing discoveries.
Jacob Sheldon retweeted
You may want to consider fractional execs. @JacobMSheldon runs Shiny and you can hire some of the best to get you going.