Priya Raghunathan
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.
Reading a Company Properly
What separates a business that compounds from one that merely grows. Capital allocation, the funding rounds that shape ownership, and the statement that is hardest to dress up.
Priya Raghunathan
Reading a Company's Cash Flow Statement
Profit is an opinion shaped by accounting choices. Cash is a fact. The statement that reconciles the two is the one worth reading first.
Priya Raghunathan
How Startup Funding Rounds Work, Stage by Stage
Pre-seed to Series C, and the mechanics underneath the letters: dilution, preferences, valuations that are not really valuations.
