From f891ae9d4be6e0a65f770ca0280d6464e0b570f0 Mon Sep 17 00:00:00 2001 From: Tina Ong Date: Wed, 19 Nov 2025 03:06:11 -0800 Subject: [PATCH] Update README.md (#35801) --- handbook/finance/README.md | 5 +---- 1 file changed, 1 insertion(+), 4 deletions(-) diff --git a/handbook/finance/README.md b/handbook/finance/README.md index 75f16a51b2..934a3f2e0b 100644 --- a/handbook/finance/README.md +++ b/handbook/finance/README.md @@ -359,7 +359,7 @@ Every quarter, we check Quickbooks Online (QBO) for discrepancies and follow up Follow these steps to perform quarterly reporting for Fleet's investors: 1. Login to Chronograph and upload our profit and loss statement (P&L), balance sheet and cash flow statements for CRV (all in one book saved in [Google Drive](https://drive.google.com/drive/folders/1ben-xJgL5MlMJhIl2OeQpDjbk-pF6eJM). -2. Provide updated metrics for the following items using Fleet's [KPI spreadsheet](https://docs.google.com/spreadsheets/d/1Hso0LxqwrRVINCyW_n436bNHmoqhoLhC8bcbvLPOs9A/edit#gid=0). +2. Provide updated metrics for the following items using Fleet's [Operating model (Confidential)](https://docs.google.com/spreadsheets/d/1CgMAad-vzBoVS_FfovglX0XbqVKlaD-ssjGTL3ayxMw/edit?gid=86625913#gid=86625913). - Headcount at end of the previous quarter. - Starting ARR for the previous quarter. - Total new ARR for the previous quarter. @@ -369,11 +369,8 @@ Follow these steps to perform quarterly reporting for Fleet's investors: - Starting number of customers, churned customers, and the number of new customers Fleet gained during the previous quarter. - Total amount of Fleet customers at the end of the previous quarter. - Gross margin % - - How to calculate: (total revenue for the quarter - cost of goods sold for the quarter)/total revenue for the quarter (these metrics can be found in our books from Pilot). Chronograph will automatically conver this number to a %. - 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. ### Deliver annual report for venture line