Episode 98 - From leading Data Science at Facebook to becoming a CEO: Kat Orekhova
Show Notes
Kat Orekhova is the Co-Founder & CEO of Vareto, a planning and analytics platform for enterprise teams. In her own words, Kat has an “unusual backstory” leaving the world of math academia to build Facebook’s first-ever data science team within FP&A. At the social media giant, she was Responsible for financial reporting, forecasting, and planning activities for Facebook’s core business. This was followed by stints as Head of Product at IronClad, a $3billion legal tech company, Sequoia Capital Scout, General Partner at Darkmode Ventures, and co-founder & CEO of Vareto.
In this episode, Kat reveals:
The challenges of long-range planning as Facebook scaled massively and trying to predict growth across countries from the US to India with more than 100 people contributing to the planning process)
Being at the beginning of data Science at Facebook
The move from data science and product into finance
When should companies start looking at FP&A
Being a Sequoia scout and what it entails and what she looks for in investment opportunities
How (now) Meta CFO Susan Li “an absolutely outstanding” mentor insisted on a finance team with data science skills led by Orekhova
The right blend between data science and FP&A who are “Living in Different Tools”
Her take on the amount of data science that FP&A teams need to boost their career
The impact of AI in finance
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