Toptal Finance Blog

The Toptal Finance Blog is a hub for in-depth studies and analysis on all facets of finance, ranging from innovative strategies on raising capital to detailed coverage of new finance trends and technologies.

Toptalauthors are vetted experts in their fields and write on topics in which they have demonstrated experience. All of our content is peer reviewed and validated by Toptal experts in the same field.
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Toptalauthors are vetted experts in their fields and write on topics in which they have demonstrated experience. All of our content is peer reviewed and validated by Toptal experts in the same field.

Asia is one of the hottest venture markets in the world right now. Find out what savvy investors must understand about this culturally and economically diverse region in order to succeed.

11 minute readContinue Reading
Alec Tseung

Alec Tseung

Alec is a financial analyst who has executed more than $5 billion in corporate, private equity, and venture capital transactions for Swiss Re and Tencent, China’s leading internet company. He’s also a co-founder of a Hong Kong financial advisory firm with client companies across Asia.

The Power of 3-statement Modeling: Best Practices for Valuations and Projections

To value or build projections for a company accurately, you have to factor in working capital—and you can’t do that without investing in a three-statement financial model.

12 minute readContinue Reading
Abdullah Karayumak, CFA

Abdullah Karayumak, CFA

Abdullah is a financial modeling, valuations, and capital raising expert and Chartered Financial Analyst. He’s advised clients ranging from early-stage startups to multibillion-dollar enterprises, most recently for KPMG.

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Digital Ledgers vs. Databases: Can Blockchain Optimize Your Supply Chain?

Blockchain isn’t just for cryptocurrency. The technology can also be used to make supply chain management more efficient, transparent, and secure. Here’s how.

12 minute readContinue Reading
Neil Mann

Neil Mann

Neil is a business transformation expert and management consultant with more than 20 years of experience across the financial services, natural resources, hospitality, and fast-moving consumer goods sectors. He has created and implemented digital ledger technology solutions at Kearney and global mining group Rio Tinto, and is a board advisor for LogChain, a digital supply chain logistics platform.

Raising Venture Capital in Down Markets: A Guide to Early-stage Funding

In tough financial times, VCs often focus on shoring up portfolio companies rather than investing in new opportunities. But it’s still possible to raise capital—if you refine your approach.

10 minute readContinue Reading
Erik Stettler

Erik Stettler

Erik is co-founder of a global venture capital fund that has invested in 50 startups—which together have raised more than $500 million—and has realized six exits. He previously led restructurings of $3 billion in global subsidiaries and M&A deals worth more than $10 billion. He also serves as Toptal’s Chief Economist.

Real Estate Financial Modeling: 3 Costly Mistakes to Avoid

Rising construction costs mean real estate developers are relying on complex—and potentially costly—finance structures more often. Smarter modeling will help keep borrowing costs low.

12 minute readContinue Reading
Robert Finch

Robert Finch

Robert is the founder and director of UK-based property finance broker Sativa Finance and an expert in financial modeling. He has worked in real estate finance since 2006, securing ~$1.8 billion in financing for commercial acquisitions and construction projects.

The KPI Cure: How Healthcare Data Analytics Can Improve Medical Center Finances

Runaway costs have plagued the US healthcare system for decades, and providers are always looking for ways to increase efficiency without jeopardizing care. Developing smarter key performance indicators can help.

10 minute readContinue Reading
Sean Heberling

Sean Heberling

Sean is a Chartered Financial Analyst who serves as the founder and CEO of Marion Street Capital, a management consulting firm that has saved healthcare providers millions through the development of KPIs. Previously, he worked at Morgan Stanley and BNY Mellon. Sean has analyzed 10,000+ companies, built complex models, and helped facilitate investment transactions totaling in excess of $1 billion. Additionally, he is on the boards of several companies, advising on operations, growth strategy, and fundraising.

Name Your Price: 4 Counterintuitive Pricing Strategy Tips

Rising inflation means it’s crucial for managers to pay close attention to pricing. Toptal finance expert Kalil Rodrigues shares four outside-the-box tips for optimizing your pricing strategy.

10 minute readContinue Reading
Kalil Gebrim Rodrigues

Kalil Gebrim Rodrigues

Kalil is a corporate strategist, finance expert, and business consultant. An alum of Bain & Company and global aerospace firm Embraer, he has also led strategic initiatives at Nubank, a Latin American fintech leader with more than 50 million customers across Brazil, Mexico, and Colombia. Kalil is an expert in pricing models, revenue and expense projections, forecasting, financial modeling, and mergers and acquisitions.

Toptal Finance Expert

Anuar Heberlein

Anuar has 15 years of expertise in go-to-market engagements conducting over 100 projects for Fortune 500 companies and championing startups. He founded STRATYGIKA, an international strategy consulting boutique specialized in go-to-market offerings led by former Bain & McKinsey consultants. Prior to that, Anuar worked with Second City Capital, a private equity company. He was also a strategy consultant for Bain & Company. Anuar holds an MBA from INSEAD and a B.Sc. in Economics from ITAM.
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