Orange Planet and Samil PwC Provide Tailored CFO Mentoring for Early-Stage Startups

Three-Stage, Hands-On Support from Diagnosis to Solution

Smilegate Orange Planet Foundation announced on May 18 that its intensive mentoring program, "Office Hour," conducted in partnership with Samil PwC, has successfully concluded.

Consulting in progress. Provided by Smilegate

This round of Office Hour focused on supporting early-stage startups by filling the role of a Chief Financial Officer (CFO), a position that is often difficult for such companies to hire. The program aimed to help startups identify potential financial and tax risks in advance and assist with strategic decision-making. Unlike conventional consulting, it was designed as a three-stage in-depth process consisting of business diagnosis, simulation modeling, and decision-making support.

Teams at the seed to Series A stage, including "Jungri Seupgwan," "Planby Technologies," "Pulsead," and "iPin Labs," all part of the Orange Planet family, participated in the program. Jin-kook Kim, a partner at Samil PwC, visited each company to provide on-site consulting tailored to their specific situations.

The participating teams selected one of three core solution packages: "Burn Rate Diet and Survival Budget Setting" for controlling cash burn and extending runway; "Weaponizing Numbers" for translating business models into quantitative terms to attract investment and pass government support programs; and "Founder Equity Protection and C-level Stock Options" for designing scenarios around recruiting key talent and defending against equity dilution.

Each team received practical Excel deliverables that could be used immediately on site, such as a 12-month rolling cash flow statement, a unit economics-based break-even point (BEP) scenario model, and a cap table change simulator, thereby strengthening their financial logic.

Kim stated, "What early-stage startups need is not just financial advice, but a partner who can think from a CFO's perspective and work closely together. Samil PwC will continue to provide practical support as a hands-on strategic partner, working alongside founders from diagnosis to execution so they can focus fully on their businesses."

Seosangbong, head of Orange Planet, added, "Objective financial data is a powerful weapon for the survival and investment prospects of early-stage startups. We will continue to offer the highest level of expert networks and substantive support to help our Orange Planet family companies scale up in a stable manner."

This content was produced with the assistance of AI translation services.