Plain-language answer

Does the growth narrative match the mechanics producing revenue?

The revenue dependency model compares concentration, recurring share, forecast variance, attribution confidence, retention, and the narrative claim.

Short answer

Use evidence that can survive a second reader.

  1. Forecast variance equals actual minus forecast, divided by forecast.
  2. A dependency is fragile when channel share is at least 40%, recurring share is below 50%, absolute forecast variance is at least 20%, or attribution confidence is below 50%.
  3. Estimated repeatable share sums each revenue share multiplied by its recurring share.

Worked example

See the decision in a fictional case.

Channel
Founder-led referrals
Revenue Share
46
Recurring Share
35
Forecast
850000
Actual
620000
Attribution Confidence
80

Use Revenue StoryInspect the full methodTake it into the matching Petrichor work

What this answer cannot establish