Insights
Notes on startup finance.
Plain, practical writing on the things that actually move the number — burn, raises, board decks, and the first finance hire.
May 2026CashYour burn multiple is the only number your board really watchesRevenue growth is the story founders love to tell. But in 2026, the burn multiple is the number that decides whether your next round happens — here’s how to read it and how to fix it.Apr 2026FundraisingWhat actually goes in a Series A data roomA checklist, a structure, and the three things investors look for first. Get this right and diligence is a formality; get it wrong and it stalls your round.Mar 2026TeamWhen to make your first finance hire (and what to hire)Controller, analyst, or CFO? The order matters more than founders think. A simple framework for sequencing your first three finance hires by stage.Feb 2026BoardThe finance section of a board deck, in five slidesMost board decks bury the signal in forty slides. Here are the five finance slides that build investor confidence — and the metrics that belong on each.Jan 2026StrategyFractional vs. full-time CFO: a stage-by-stage guideWhen does a startup actually need a full-time CFO? A candid look at the stages where fractional is the right call — and the exact moment it stops being.
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