it is always a good idea to draw some financial projections just for yourself as a founder, as a way of having a path to controlling your time spent and cash spent as well.

While seed investors might be investing in you more than financial projections, it is not a bad idea to have even a preliminary financial plan that shows where this startup can potentially grow. Most of these early financial projections get refined as you learn lessons on your product development costs, your launch costs, your rate of customer acquisition and overall stickiness.

Give me a call. I've helped and mentored many founders prepare early financial projections that helped them to, not only raise seed funding, but to also challenge their own business model.