The blog
Clear thinking on capital
Clear thinking on capital
and performance.
How revenue-stage companies raise, how investors underwrite, and what changes when the numbers are live.
What a deal room should do before you open it
The fastest diligence starts with data that is already connected. Here is what to have in place.
Net revenue retention, read the way investors do
Retention is the metric that separates a good quarter from a durable business. A field guide.
Equity or debt: matching capital to the moment
Not every growth dollar should be dilutive. How to think about the right instrument for your stage.
Staying private while you raise
You can be seen by the right firms without running a public process. The case for a quiet raise.
Underwriting on connected data
What changes for a firm when every company in the pipeline arrives with live performance attached.
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Ideas on building capital relationships grounded in real numbers.