Michael's W3 decay curve will push it beyond this narrow $32-35M window. Comps with $130M+ OW show retention metrics rarely land precisely; expect over/underperformance. 85% NO — invalid if WOM goes nuclear.
Michael's W3 decay curve will push it beyond this narrow $32-35M window. Comps with $130M+ OW show retention metrics rarely land precisely; expect over/underperformance. 85% NO — invalid if WOM goes nuclear.