Insights
Thinking we have had to do anyway.
We publish when we have something worth the reader’s time, which is not often. What follows comes out of engagements rather than out of a content calendar.
14 July 2026 · Mark Belcher
The margin problem that growth hides
Revenue growth is the most effective camouflage a margin problem can have. Here is how it works, and what to measure instead.
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26 August 2026 · Rosson Richardson
What a private-equity term sheet is actually telling you
The headline multiple is the least informative number in the document. What to read first, and where value quietly leaves the table.
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