Notes from the practice
Essays on board reporting patterns, metric definitions, and the memory layer underneath a good monthly package. Written by the CFO building Inflect, not by a marketing team.
Institutional finance memory, and why your CFO's leaving takes it with them
When a CFO rolls off, the institutional memory goes with them. This is the single biggest hidden cost of the fractional-CFO model — and the reason we built Marlow.
NRR at 115%: what it measures, and the four ways to calculate it wrong
Net Revenue Retention is the metric VCs and PE firms care most about in a SaaS business — and it's one of the most frequently miscalculated. Here's how to get it right.
When the PDF says one thing and the slide says another
Cross-artifact inconsistency is the single fastest way to lose a board's trust. Here's how it happens, why it's more common than you think, and how to prevent it structurally.
Your board reads the first three pages and searches for burn. Build for that.
What board members actually do with a monthly package — and what that behavior should change about how you build it.
Rule of 40: which variant you pick is the whole argument
The formula matters less than the choice of margin. Here's how to pick the right variant for a Series B SaaS company mid-cloud-migration — and why your board deserves the answer in month one, not month six.
Runway claims that survive diligence: a checklist
Five ways runway numbers blow up in a data room, and the specific reconciliations you owe the board before a claim leaves the practice.
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