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We welcome you to “SaaS Masterminds,” Season 2 of the CloudEagle podcast. In this episode, Prasanna Naik, the Co-Founder of CloudEagle, takes the stage as the host and welcomes Sophie Wang, the Head of Finance at Wefunder, as our esteemed guest.
WeFunder is a crowdfunding company that enables individuals to invest as little as $100 in private startups they believe in. It seeks to raise funds for startups and communities globally, focusing on democratizing investment.
As the head of finance, Sophie Wang manages the financial operations of Wefunder, which include budgeting, forecasting, financial planning, etc. She strives to identify cost-saving opportunities to keep Wefunder’s finances well-organized and aligned with its business goals.
In this podcast, Sophie Wang shares insights into her career journey, transitioning from investment banking to tech finance. She also discusses WeFunder's expansion into the European market, its challenges and opportunities, and the impact of using CloudEagle for financial management.
Additionally, Sophie offers advice for aspiring finance managers, emphasizing the importance of understanding numbers and metrics, mastering Excel skills, and nurturing relationships with account managers, vendors, and other professionals.
Don’t miss out on this insightful masterclass from a financial expert!
Time Stamps
00:05 Welcome note
01:00 Sophie Wang’s introduction and Career growth
02:55 Why Sophies loves working in the tech space
05:13 Funding scenario between North America & EU market
07:37 Regulations in the space
10:29 Spend management in Wefunder
17:25 Tips for new Head of Finance/Finance managers
21:45 Before and after using CloudEagle
24:20 Saving time and using it for financial analysis
26:09 Building business relationships as finance professionals
30:25 Tips for Finance manager & Head of finance aspirants
32:20 Closing note
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