Our NRR last year was 183%. I found that out after a board meeting.
Not because someone handed me the number, but because of how our board meetings actually work.
Most founders describe board meetings as a report card to your investors. You give the three-month update, they ask a couple of questions, and you're done.
Ours with @Standard_Cap are the opposite.
We do eight board meetings in one full day, alongside 7 other companies at our stage, and we sit in on everyone else's. It's not you reporting to a board. It's everyone brainstorming together, and watching the other companies is where most of our ideas come from.
At the last one, a founder broke down his financials so clearly it pushed me to go deeper into ours. We've always known our product-market fit is real. Customers who onboard don't churn, and they grow with us on their own. We'd just never tracked it that closely. Now we have the number to back it every single month: an NRR of 183%.
I look forward to these board meetings, and I'm so grateful for them. These conversations are where our product and operational roadmap actually comes from.
So if your board can't give you that, build it yourself.
Find a few founders at your stage and run your board meetings for each other. Set aggressive goals, keep each other accountable, and learn from each other.
