For decades, spreadsheets have been the lifeblood of corporate finance. From Wall Street bankers to startup founders, Excel has been the default canvas for modeling cash flows, valuations, and forecasts. But in 2025, the cracks in the spreadsheet era are undeniable.

If you’re a founder raising capital, you know investors demand financial models. But most startup models miss the mark — and it can cost you a term sheet.

In volatile markets, scenario planning isn’t a nice-to-have — it’s survival. Interest rates, FX volatility, supply chain shocks, and policy shifts can alter a business overnight. The question is: how prepared is your financial model?