Finance
Articles and insights related to Finance.
Capital efficiency: the SaaS metrics investors actually check now
Growth-at-all-costs is over. Here are the five capital-efficiency metrics — runway, burn multiple, magic number, CAC payback, and the Rule of 40 — that decide raises and exits in 2026, with benchmarks for each.
What is your SaaS worth? ARR multiples and SaaS valuation in 2026
In 2026 most private SaaS is worth 3x-8x ARR. See the benchmark table and how much one point of growth or 10 points of NRR adds to your multiple.
Bookings vs billings vs revenue: the three numbers founders confuse
Bookings vs billings vs revenue, traced through one $12,000 annual contract: what each means, where deferred revenue hides the gap, and how MRR ties in.
The Rule of 40: the formula, 2026 benchmarks, and how to actually hit it
The Rule of 40 formula, 2026 SaaS pass rates by basis and stage, the valuation premium, and why early-stage founders should track burn multiple instead.
What is Deferred Revenue and Why It's a Liability
Learn what deferred revenue means for SaaS companies, why accountants treat it as a liability, and how to handle it properly in your subscription business.
Quick Saas Ratio - Explained
Learn how to calculate SaaS Quick Ratio, what benchmarks to aim for, and practical ways to improve this critical growth efficiency metric.