Latest / The Series A Show with Fexingo: Early-Stage Funding, Pitch Decks, and Startup Milestones
Why Series A Decks Now Show Net Revenue Retention Breakdowns
In episode 162 of The Series A Show, Lucas and Luna break down the newest slide appearing in early-stage pitch decks: the net revenue retention breakdown. Rather than a single headline NRR number, founders are now splitting retention by cohort, by product line, and by customer segment to answer the real question partners are asking — is growth durable or just a cohort effect? Lucas and Luna walk through why this slide emerged in 2026, how it connects to the recent surge in venture-backed fintech and crypto names like Coinbase, and what a good retention breakdown actually looks like. They also…
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