What to check first
Reconcile the opening position
Start with cleared proceeds, fees, committed spend and available cash. Show the operating plan funded by the raise and when commitments are expected to convert into cash payments.
Compare the first month with the investment case
Explain what has changed in hiring, revenue and gross margin. Show the effect on runway in both the base case and a slower sales case.
Ask the board for concrete decisions
List any hiring approvals, spending gates and forecast reset triggers. Agree a date and accountable owner for each action.