Compass
A discussion on business and corporate culture
The Fed Paused. December May Not. Know Your Number Now.
The Fed held in October, but two officials wanted a hike and markets expect one in December. Every 25 basis points is $2,500 a year per $1 million of floating debt.
It's the End of the World as We Know It. Payroll Is Still Due Friday.
R.E.M.'s 1987 anthem is a wall of noise with a calm chorus. That's a good way to run a company the morning after an election. Here's what changed overnight, what didn't, and the one list worth writing today.
Why Mid-Market Companies Wait Too Long to Hire a CFO (and What It Costs Them)
In PE-backed transactions, EBITDA multiples routinely expand from ~3x for small, opaque companies to 6–8x once the finance function is transparent, recurring, and growth-ready. The difference between a controller-led financial story and a CFO-led one is not rounding error. It is two to five turns of EBITDA — $16M to $40M of enterprise value — sitting on the table.