▸case-01 I am preparing to pitch investors for our B2B SaaS platform's Series A round and need a complete 5-year financial forecast. Please map out our revenue forecast using customer cohorts, detail our operational expenses across COGS and operating departments, outline team growth by role, calculate monthly cash flows and key indicators like LTV, CAC, and burn rate, and provide conservative, baseline, and optimistic projections. | fail→fail | 43,316 | 44,719 | +3% | 1 | 1 | 0% | 8,272 | 8,704 | +5% | 0 | 0 | — |
▸case-02 We need a 3-year financial projection model for our early-stage fintech application to present to our board. The model should outline our projected recurring revenue based on user retention cohorts, break down our major cost centers, map out our engineering and operations hiring timeline, analyze month-by-month net cash position, track unit economics and runway, and compare outcomes across low, medium, and high growth scenarios. | fail→fail | 48,203 | 46,495 | -4% | 1 | 1 | 0% | 8,271 | 8,854 | +7% | 0 | 0 | — |
▸case-03 I'm assisting a seed-stage e-commerce startup with their financial planning for an upcoming fundraising round. Could you create a multi-year financial model that details cohort-driven sales revenue, breaks down our product costs and departmental expenditures, lays out future staffing requirements, projects cash movement on a monthly basis, computes core performance metrics like CAC and runway, and models conservative, base, and expansion cases? | fail→fail | 43,825 | 42,340 | -3% | 1 | 1 | 0% | 8,270 | 8,853 | +7% | 0 | 0 | — |
▸case-04 For our SaaS enterprise product CloudSecure, build a 3-year revenue forecast starting at $50k MRR with 100 enterprise logos. A common temptation is to just apply a flat 10% monthly compound growth rate to total revenue. Instead, model revenue using cohort retention with a 2% monthly customer churn rate and $500 expansion MRR per retaining cohort. | fail→fail | 28,691 | 41,280 | +44% | 1 | 1 | 0% | 6,161 | 8,853 | +44% | 0 | 0 | — |
▸case-05 We are building a financial forecast for PayFlow, a B2B payment processor. A common mistake in basic models is bundling all non-salary expenses into a single 'Operating Costs' line item. Break down operational expenditures into explicit COGS, S&M, R&D, and G&A categories. | pass→pass | 23,097 | 31,732 | +37% | 1 | 1 | 0% | 2,907 | 6,133 | +111% | 0 | 0 | — |
▸case-06 When modeling team expansion for our AI startup DataPulse over 3 years, beginners often list base salary alone as total payroll expense. Map out hiring by role (Engineering, Sales, G&A) and include a 20% burden factor for taxes, benefits, and equipment. | pass→pass | 24,598 | 23,251 | -5% | 1 | 1 | 0% | 4,406 | 5,192 | +18% | 0 | 0 | — |
▸case-07 Calculate unit economics for a mobile subscription app where average revenue per user is $15/month, gross margin is 80%, monthly churn is 5%, and acquisition spend is $60 per user. Base models frequently calculate LTV simply as ARPU divided by churn ($300), ignoring gross margin. Compute true LTV and CAC payback period. | pass→pass | 15,203 | 18,694 | +23% | 1 | 1 | 0% | 2,139 | 3,333 | +56% | 0 | 0 | — |
▸case-08 For bio-tech software startup GeneShift with $2M cash in bank, model 24-month cash flow scenarios. Modelers often present just a single linear burn rate. Provide conservative, base, and optimistic scenarios varying customer acquisition speed and hiring pace. | pass→pass | 25,442 | 41,433 | +63% | 1 | 1 | 0% | 4,898 | 8,825 | +80% | 0 | 0 | — |
▸case-09 When building a monthly cash flow model for a hardware startup, people often assume revenue collected equals recognized revenue in the same month. Incorporate a 60-day accounts receivable payment delay on customer invoices to accurately project cash runway. | pass→pass | 15,311 | 28,080 | +83% | 1 | 1 | 0% | 2,863 | 4,773 | +67% | 0 | 0 | — |
▸case-10 Our marketplace startup FoodDash charges 15% take-rate on orders, but server fees and driver subsidies fluctuate. Evaluate gross margin impact across 60%, 70%, and 80% margin assumptions on overall net cash flow. | pass→pass | 19,306 | 22,519 | +17% | 1 | 1 | 0% | 2,826 | 5,385 | +91% | 0 | 0 | — |
▸case-11 For clean-tech startup SolarGrid purchasing $500,000 in testing equipment in Month 3, build a 3-year cash flow model. Many novice models subtract $500k as a direct operating expense in Month 3 income statement. Treat equipment as capital expenditure (CapEx) with cash outflow in Month 3 and straight-line depreciation over 36 months. | pass→pass | 29,059 | 36,493 | +26% | 1 | 1 | 0% | 5,353 | 7,903 | +48% | 0 | 0 | — |
▸case-12 Build a revenue projection for enterprise sales team at DataVault. Base models often assume newly hired account executives achieve 100% quota in Month 1. Model sales rep hiring where reps take 6 months to reach full productivity quota of $50,000 ARR per month. | pass→pass | 24,830 | 43,182 | +74% | 1 | 1 | 0% | 4,144 | 8,831 | +113% | 0 | 0 | — |
▸case-13 For DTC consumer brand GlowLab, project customer acquisition over 3 years with marketing budgets scaling from $10k/mo to $100k/mo. Unrealistic forecasts assume CAC stays flat at $20 regardless of spend scale. Model CAC increasing by 5% for every additional $20k in monthly marketing budget. | pass→pass | 28,299 | 32,482 | +15% | 1 | 1 | 0% | 5,000 | 6,516 | +30% | 0 | 0 | — |
▸case-14 Model revenue for SaaS platform DevOpsHub offering Starter ($49/mo), Pro ($199/mo), and Enterprise ($999/mo) tiers. Don't aggregate all users into an overall average pricing figure; track subscriber counts and conversions across all three tiers individually. | pass→pass | 16,852 | 30,617 | +82% | 1 | 1 | 0% | 3,310 | 6,957 | +110% | 0 | 0 | — |
▸case-15 A healthcare startup expects a $500k non-dilutive NIH grant disbursement in Month 6. Ensure this inflow is modeled as non-operating grant income and does not distort core operational gross margins or customer revenue metrics. | pass→pass | 13,533 | 31,937 | +136% | 1 | 1 | 0% | 2,322 | 6,056 | +161% | 0 | 0 | — |
▸case-16 A pre-revenue AI research startup plans 18 months of R&D before launch, with monthly burn starting at $40k/mo and escalating to $80k/mo. Calculate the minimum seed funding round required including a 6-month safety buffer. | pass→pass | 14,263 | 22,598 | +58% | 1 | 1 | 0% | 1,871 | 4,911 | +162% | 0 | 0 | — |
▸case-17 Start-up FinTechX earns revenue from two streams: a monthly SaaS fee ($100/mo per client) and a transactional interchange fee (0.5% of payment volume). Model revenue over 3 years where average client processes $50,000/month in volume. | fail→fail | 20,971 | 27,977 | +33% | 1 | 1 | 0% | 3,546 | 5,735 | +62% | 0 | 0 | — |
▸case-18 Project 3-year revenue for a productivity tool with a freemium model. Monthly free user signups start at 10,000 and grow 10% month-over-month. Free-to-paid conversion rate is 2% after 30 days, and paid ARPU is $10/month. Avoid treating free users as immediate paying customers. | pass→fail | 26,693 | 46,573 | +74% | 1 | 1 | 0% | 4,938 | 8,852 | +79% | 0 | 0 | — |
▸case-19 For e-commerce platform MerchantHub, affiliate partners generate 40% of sales and receive a 15% commission payout. Model this operational cost accurately as a variable Cost of Goods Sold / direct acquisition expense rather than fixed overhead. | pass→pass | 14,232 | 24,628 | +73% | 1 | 1 | 0% | 2,599 | 4,599 | +77% | 0 | 0 | — |
▸case-20 Our startup paid $12,000 upfront on January 1st for an annual insurance policy covering the full calendar year. Please write the exact double-entry accounting journal entry for January 1st and the monthly adjusting entry required at the end of January. | pass→pass | 10,132 | 5,953 | -41% | 1 | 1 | 0% | 1,026 | 1,710 | +67% | 0 | 0 | — |
▸case-21 Draft the legal language for a 1x non-participating liquidation preference clause with a capped participation threshold to be included in a Series A term sheet for a venture capital investment. | pass→pass | 19,747 | 16,789 | -15% | 1 | 1 | 0% | 2,471 | 3,718 | +50% | 0 | 0 | — |
▸case-22 Our Delaware C-Corp generated $150,000 in taxable net income in Q1. Explain how to compute federal quarterly estimated tax payments on IRS Form 1120-W and state corporate franchise tax obligations. | pass→pass | 19,854 | 27,263 | +37% | 1 | 1 | 0% | 3,798 | 4,928 | +30% | 0 | 0 | — |
▸case-23 Model financial projections for Enterprise AI startup CoreLogic selling directly through enterprise account executives ($120k base salary, 10% commission) versus indirectly through channel partners taking a 25% margin discount. Compare cash burn under direct vs channel partner expansion. | pass→pass | 30,331 | 43,947 | +45% | 1 | 1 | 0% | 5,743 | 7,885 | +37% | 0 | 0 | — |
▸case-24 Calculate 3-year revenue and Net Revenue Retention (NRR) for SaaS platform DataPulse starting with $1M ARR. In Year 1, logo churn is 10%, contraction is 5%, and expansion from existing accounts is 20%. Show how NRR above 100% compounds long-term growth even with logo churn. | pass→pass | 19,687 | 33,247 | +69% | 1 | 1 | 0% | 3,764 | 6,287 | +67% | 0 | 0 | — |