Pricing the future: How CFOs should read the SpaceX, Anthropic and OpenAI IPOs
Three landmark IPOs are coming. Read them through capital structure, governance, and partner dependency — not the hype.
Capital strategy
Public markets, M&A, treasury, capital structure: this is where CFOs earn their pay. The job isn't to predict the cycle but to read it — what's signal, what's hype, and how to price what you can't predict. The essays below run from a landmark cohort of upcoming IPOs to the often-unglamorous work of treasury and how to think about flexibility in a plan.
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How CFOs should think about M&A : balancing risk and opportunity
Mergers and acquisitions (M&A) are often seen as a fast track to growth, innovation, and market expansion. With what is possibly the beginning of interest rate cuts on both side…
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The importance of treasurers in finance
This week , I am departing from writing about something topical, but rather expressing a \strong\ point of view on why Treasurers should be considered as top candidates for CFO…
Further reading
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High-wire acts in high finance: The CFO’s circus of growth vs. cash flow
As CFOs, we are often likened to navigators steering through the treacherous waters of corporate finance, where the twin beacons of growth and cash flow guide our journey. The p…
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Should CFOs build strategic flexibility as opposed to strategic plans?
Strategic planning and strategic preparation, while closely related, offer distinct approaches to achieving organizational success. For a CFO, understanding the nuances between…
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What keeps a Fintech CFO up at night (hint: it's not just burn rate)
Being a CFO in fintech sounds cool—until it’s 2:47am and you're wide awake, wondering if your fraud controls holds, your Series C runway will stretch, or your compliance stack i…
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Every CFO is greedy. Just what they're greedy for, is the real question
I've been thinking about this a lot lately, and I've come to believe there are really only two types of financial leadership — and the difference between them isn't talent or in…