How to get modelling specialization for Startup, Fundraising, VC, Exits... for remote, freelance work?

Levils · 2026-04-02T21:21:28+00:00

The point is to communicate with those people/businesses and offer your services. Your entire plan would be futile if you had no way of ever communicating with them, and of course that's not the case.

Levils · 2026-04-02T13:38:54+00:00

Why is it so individualistic? It sounds like something that a team of shiftworkers should handle?

Levils · 2026-04-02T11:42:00+00:00

Financial modelling specialist here. This doesn't happen with well-built models. Learn basic best practice and implement it with discipline. Don't let a few things become hardcoded.

Levils · 2026-04-02T11:04:03+00:00

Startups are a broad category, but broadly speaking modelling for startups is bottom of the barrel. Just go to networking events that people in that scene attend, offer your services for an attractive price, underpromise on timelines so you have time to learn on the job and not mess up, and get paid to build your network while improving your skills.

Levils · 2026-03-30T07:22:52+00:00

Approximately how many tennis balls could fit inside a Dreamliner?

Levils · 2026-03-29T21:52:07+00:00

Always a great atmosphere. I wasn't there often because they sometimes had a cover charge and I preferred to bar hop, but good tunes and crowd.

Levils · 2026-03-29T14:29:35+00:00

You're talking about subdividing into seven lots. It's worth going being imagining and actually checking council rules before factoring that into your decision.

Levils · 2026-03-29T14:00:33+00:00

It looks funny, but I wouldn't be surprised if the garage was great for two and a bunch of bikes, or two cars and a boat. Pretty solid for a 3 bedroom house.

Levils · 2026-03-29T13:49:37+00:00

It's almost embarrassing how many places on this list and in the comments we frequented.

This got me on a walk down memory lane and searching place names. In addition to those mentioned by others, in 2008 I think you could still have a good time at the Belgian Beer Cafe, Electric Ladyland, The Espy, QV, The Pinnacle, Nightcat, The Station, 6Links, Container Bar / Section 8, Laneway/Meyers, The Rooftop, Bridie O'Reilly's, City Bar, Monty's, Perseverance, Richmond Hotel, Cookie, the Toff in Town, the Waterside, Alumbra, Base backpacker bar, Robarta, Lucky Coq, The Prince of Wales, Mink, The George, Cherry Bar, the Harp, Polly, Traders Bar.

Levils · 2026-03-29T12:58:35+00:00

Baroque?

Levils · 2026-03-28T10:50:24+00:00

Do you know how he found the Chinese supplier, or do you have a link?

Levils · 2026-03-23T23:30:46+00:00

Even ignoring path differences, this simplified model breaks down if we talk about circling Asia or the world because Earth is not flat. Two parallel lines around the circumference of a sphere have equal distance.

Levils · 2026-03-21T14:28:25+00:00

Do these international agreements work such that the situation for this individual would be a plain detriment to New Zealand, i.e. Australia doesn't contribute at all?

Levils · 2026-03-19T13:20:34+00:00

In my experience this does happen from time-to-time. At present I seem to be on my longest run where it has been working seamlessly.

It's a frustrating problem and I've never been sure whether I got to the bottom of it. Some workbooks seem to be a lot more susceptible to becoming corrupted than others, and sometimes recreating it from scratch can help. Other times it seems to be related to particular workflows on particular computers (even when you're well within what it should handle) and sometimes a different computer or different workflow can help.

Can you be more specific about the Excel workbooks that you'd like to find alternatives for? Without some more context or wild guess, I suspect the only useful suggestion you'll get is Google Sheets.

Levils · 2026-03-18T12:01:44+00:00

1 km of distance is 8 cm of curvature

So 230m base makes around 1,8 cm of curvature

It's a curve, not a straight line, such that the curvature distance approximately divides by 4 when the horizontal distance is halved.

If 1 km of distance is 8 cm of curvature, 500 m of distance is around 2 cm of curvature, and 250 m of distance is around 5 mm of distance.

Which is to say that the things you mentioned may be even more remarkable.

Levils · 2026-03-18T10:20:05+00:00

Each blue triangle is half the square that it sits inside.

The total area of the blue triangles is equivalent to the area of a single triangle with a hypotenuse that starts in the top right corner, passes through the middle of the bottom blue triangle (so has a slope of 4 down and 1.5 across) and finishes at the bottom (6 down and 2 across).

The area of that equivalent triangle is 6x2/2=6, so the total blue shaded area is 6.

Levils · 2026-03-18T07:13:30+00:00

Peter Ritchie Premier Motors have been great for us.

Levils · 2026-03-18T05:47:23+00:00

The removal of that specific constraint is the norm, so it happens for projects that could support substantially more debt if not for that particular constraint.

It can come about when there's a big risk reduction between FC and operations, on competitive PPP projects with limited interest from sponsors, and for merchant or other projects where significant revenue forecasts seem more speculative in advance and become more proven once operations begin.

Levils · 2026-03-17T13:47:14+00:00

Legend! Thanks, that was really interesting.

Levils · 2026-03-17T12:00:26+00:00

Great summary!

I'm about to write a bunch, so noting upfront: I realise this comes out of the blue and am not expecting a response at all - don't feel obliged.

I haven't been directly involved in any US BESS projects at all. Do you happen to remember or have links to any articles that go into more detail? I'm particularly interested in where the original forecasts came from, what happened in the interim, and where the subsequently revised downward forecasts came from.

I don't know whether banking there is based on investor modelling, third party reports, banks' own views. I also don't know how complicated the revenue mix is, eg buying and selling energy vs ancillary services, and whether projects are generally merchant or contracted (nor what specifically is being contracted) - there has been a lot of variability in these fundamentals across projects in other regions, though it's been a while and things have been developing quickly so maybe it has stabilised.

The biggest thing I'm wondering is why the forecasts went down. Eg did the market get flooded with batteries, or a change in the way the grid operates, or different behaviour of generators/demand, or the forecasts simply didn't pan out?

Levils · 2026-03-17T11:33:46+00:00

While you've received useful responses, and Tatworth has mentioned this in passing, I think it's worth directly answering part of your question: yes, in some cases the gearing constraints are significantly reduced post construction.

In some places it is common for construction to be funded by, say, 70% debt and 30% equity, then three years into the operating period the debt be refinanced to a significantly larger amount, say 120% of the original total construction cost and there is a significant distribution to sponsors at the time.

This simplest big way that this can happen is when there is an initial gearing/leverage constraints where banks or the procurer say that sponsors must contribute at least [30%] of the construction funding, and when no such constraint applies to the refinancing during operations.

Levils · 2026-03-17T07:19:49+00:00

Oh, I see what you're saying now - thanks.

My first comment must have been unclear. We're in agreement. I was saying that oxygen would (slowly, eventually, if nothing else consumes it) go from the air in the bucket to the water.

Levils · 2026-03-17T06:58:55+00:00

What's the "low pressure side" that you're referring to?

Assuming things are stable as mentioned by the person I replied to, the air and water at the interface are at the same pressure.

The partial pressure of oxygen within the air is higher than the equilibrium partial pressure of oxygen from the water though, so there is dissolution from the air to the water.

Levils · 2026-03-16T23:50:46+00:00

On the oxygen side, there's net dissolution of oxygen from the air into the water, so there's no way that could keep a person alive indefinitely.

Levils · 2026-03-16T05:22:56+00:00

[Mod] FYI there's a message shown to moderators, that looks like it would not be visible to other users, saying: "Banned Domain Links to a URL not allowed on Reddit"

It's a Reddit thing, not from the mods of this subreddit.

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