Business
How Companies Decide What to Do With Their Cash
Capital allocation is the least glamorous executive responsibility and the one that most reliably determines a company's decade.
Author
Business Editor
CoversBusiness
Priya Raghunathan edits our business desk, covering how companies are financed, run and restructured. She writes about the decisions behind results — capital allocation, succession, the slow choices that decide a company's decade — rather than the quarterly scoreboard.
Business
Capital allocation is the least glamorous executive responsibility and the one that most reliably determines a company's decade.
Business
Pre-seed to Series C, and the mechanics underneath the letters: dilution, preferences, valuations that are not really valuations.
Business
Profit is an opinion shaped by accounting choices. Cash is a fact. The statement that reconciles the two is the one worth reading first.