Ben de Castrique

[Ben de Castrique @bdecastrique]

@OnlyCFO I like the walk. Thanks for sharing.

Signed but not live is CARR, not ARR?

[Ben de Castrique @bdecastrique]

@GMichaelRentzJR Appreciation, not envy.

[Ben de Castrique @bdecastrique]

@GMichaelRentzJR The Thicket is the ticket.

[Ben de Castrique @bdecastrique]

@danhockenmaier @SecretCFO have you read about this mgmt style? Sounds like a fun challenge for a CFO.

[Ben de Castrique @bdecastrique]

@SecretCFO Let’s goooo

[Ben de Castrique @bdecastrique]

@SecretCFO What are some good examples to study for the decentralized approach? Berkshire, Disney?

Decentralized seems like the way to go.

[Ben de Castrique @bdecastrique]

@SecretCFO Love this topic. Thanks for the great content!

[Ben de Castrique @bdecastrique]

@SecretCFO Great read. Thanks for the content!

[Ben de Castrique @bdecastrique]

@SecretCFO Well said

[Ben de Castrique @bdecastrique]

@michelletandler Would you mind elaborating on why you think this?

You can probably point to poorly run/developed places for each party so I’m curious how you support it.

In general, I think a purple mix is probably best overall instead of one party ruling all.

[Ben de Castrique @bdecastrique]

@SecretCFO Good advice.

I’m curious as to which phase of your career you hired a coach and where did you look when searching for one?

[Ben de Castrique @bdecastrique]

@BucknSF Have you read The Wheel of Time?

[Ben de Castrique @bdecastrique]

@OnlyCFO @theallinpod I’m a fan of the podcast and happy for you to get some deserved credit! Keep up the great content.

[Ben de Castrique @bdecastrique]

@GMichaelRentzJR How about a crepe from Clement street?

[Ben de Castrique @bdecastrique]

@SecretCFO Stock buybacks also have a great tax advantage over dividends for the remaining shareholders.

They’re so good if executed properly.

The Outsiders is a great book on this topic.

[Ben de Castrique @bdecastrique]

@SecretCFO Friday just got a little more exciting

[The Secret CFO @SecretCFO]

This is an awesome breakdown.

Missing piece of puzzle is value of cash on Twitter balance sheet at closing. The RCF is tiny given size of potential cash burn

From there can quickly backsolve how long he has to fix this thing.

[Ben de Castrique @bdecastrique]

@elonmusk I’m on Twitter because of Elon

I created an account a decade ago and stopped using it

Returned to diligence the product while working on his take private

Stayed because I found great professional content and really appreciate Elon’s transparency even though I may disagree

[Ben de Castrique @bdecastrique]

@SecretCFO And now the “hack”

[Ben de Castrique @bdecastrique]

@SecretCFO Great content!

I’ve used your NWC approach and do like it, but many beginners don’t appreciate the impact on NWC when revenue is choppy (up and down) and teaching them the nuances of days first helps.

Also operationally I find it easier to drive the business on days.