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Capital vs. stage
Initiatives
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Updated 2 min ago · Q3 2026
MR
Mariana Rocha
Chief Strategy Officer
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FY26 · All business units
Live · Q2 2026
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Capital vs. Stage in Pipeline
Updated 2h ago
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Bubble size = months in current stage
chart
matrix
Baseline · all 15 initiatives
Dependencies
$10M
$50M
$100M
$250M
$500M
EST. ANNUAL INVESTMENT* (LOG)
CONCEPT
DEVELOPMENT
CONSTRUCTION
RAMP-UP
OPERATION
Time in stage
6mo
18mo
36mo
Zombie risk
Bubbles scaled by months in current stage
Click a bet on the chart to stress-test it —
Stop, Scale or Shift
; impact updates on the right.