diff --git a/handbook/business-operations/README.md b/handbook/business-operations/README.md index 28f0e13db1..30c65e0097 100644 --- a/handbook/business-operations/README.md +++ b/handbook/business-operations/README.md @@ -192,7 +192,7 @@ Follow these steps to perform quarterly reporting for Fleet's investors: - Net dollar retention rate - How to calculate: (starting ARR + new subscriptions and expansions - churn)/starting ARR. - Cash burn - - How to calculate: (start of quarter runway - end of quarter runway)/3. + - How to calculate: start of quarter runway - end of quarter runway. ### Grant equity