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QuantumScape CFO: its early battery-making method was 5 orders of magnitude too costly
10 principles: why QuantumScape licenses its cells to Volkswagen's PowerCo instead of building factories, the 2 cash flows that follow, and why finance…
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A company's EBITDA is $58M, $38M or $25M, depending who you ask — Lead Edge Capital
4 takeaways: Why token-maxing is AI's version of the old page-view metric, the EBITDA figure investors treat as real but isn't, and the worst kind of…
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Oklo CFO on its stock since going public: "We IPOed at about $10 a share"
5 principles: why Oklo raises capital before announcing projects, the six factors gating nuclear supply, and what Deepwater Horizon taught him about…
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Brex pulled its cash from SVB months before the bank failed — Brex CFO
11 lessons: why Brex chose not to become a lender, the emergency credit product it built in 48 hours during the SVB weekend, and her test for canceling…
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A growth startup's AI spend went from $200K to a $4M run rate — Primary Ventures partner
15 insights: Anthropic's compute bill against its payroll, why payroll software survives AI as a "cockroach," and why a model you can buy is beta while…
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"They bought AOL for roughly 4 times EBITDA": Core Advisors' founder on media deals
10 lessons: Why subscriptions get the highest multiple and events the lowest, what an $80M podcast deal actually buys, and why media companies raise…
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Nigel Glenday: 80% of our machine tasks had to go to an agent or go away
11 lessons: The ultimatum he gave his finance team, why he runs a dozen terminal sessions instead of a chat window, and the one job he says AI still…
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CJ Gustafson: Oura pays back its CAC on day one, then bills you forever
8 numbers: how a $1.4B ring business hides a battery-driven margin hit, a $924M accounting loss, and a pre-IPO buyback at 52x the Series B price
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