ThomsonReuters

OCTOBER 9, 2022

Increasingly, investors and customers want to support companies that take the ideas of environmental sustainability and workers’ rights seriously. It’s important to emphasize that this is a new problem,” said Mars’ Kevin Rabinovitch, “one that requires planning around alignment not just for short-term success, but over the long term.”

Technology 59

Technology Start-ups Compliance 59

Reynolds Holding

APRIL 3, 2024

One manifestation is the way rules are made these days: very broad proposals, unreasonably short public comment periods, pared back final rules with substantial elements on which the public has not commented, and little SEC engagement in implementation discussions. New product ideas? well, crickets. That permission was very limited.”

Start-ups 45

Start-ups Banking Marketability Compliance 45

Brian DeChesare

MARCH 8, 2023

But a few related areas, such as commodity desks at banks, commodity trading advisors (CTAs), and physical commodity trading shops could put up a good fight for that “most cyclical” title. We should also step back and define “commodities” and “commodity trading” since they’re massive areas.

Finance 104

Finance Start-ups Banking Alpha 104

Viking Mergers

SEPTEMBER 12, 2022

They recognized that local Knoxville business brokerage services were in short supply, that Viking could help meet that need, and that Kyle had the experience and skill to serve this market. Jeff ended up reaching out to Kyle about providing M&A services in East Tennessee. Advice If You Are Thinking Of Buying A Business.

Start-ups 130

Start-ups B2B Business Valuation Marketability 130

Benzinga

MAY 23, 2022

Diamondback Energy (FANG) was the spotlight idea for our October 2021 Special Situations Newsletter, after the company announced a large $2 billion share buyback, that represented nearly 14% of the company's market cap at the time of announcement.

Private Equity Firm 52

Private Equity Firm Dividends Equity Banking 52

Musings on Markets

JANUARY 11, 2024

My Teaching Journey I am a product of my life experiences, and at the risk of boring you, I would like to give you a short history of the lucky breaks and choices that have led me to where I am today. Class Format My classes are available in three formats.

Corporate Finance 128

Corporate Finance Finance Start-ups Dividends 128

Musings on Markets

JANUARY 29, 2021

but in the process, driven some of the hedge funds that have sold short on these companies to edge of oblivion. This is a “short” sale, and if you are right and the stock price drops, you can buy the shares at the now "discounted" price, return them to the original owner and keep the difference as your profit.

Start-ups 52

Start-ups Marketability Banking Finance 52

Reynolds Holding

AUGUST 8, 2022

However, some stock market launches fall short: The price of shares in Deliveroo’s $2.8 percent after their first day of trading on the New York Stock Exchange. IPOs, but more than 25 percent of those shares showed negative returns on their first day of trading. billion IPO in 2019 dropped, 7.6

Finance 59

Finance Marketability 59

Reynolds Holding

AUGUST 21, 2023

Specifically, we examine whether active mutual funds bet on the jockey or the horse by looking at their trading activity around CEO turnover events. Our idea can be illustrated by the story of Steve Jobs. The evidence from Jobs’ departure motivates a more careful analysis of mutual funds’ trading around CEO turnover events.

Start-ups 52

Start-ups Technology Marketability Finance 52

Musings on Markets

DECEMBER 10, 2021

To answer the question, I looked at two institutions, one academic and one practice-oriented, that are deeply invested in that idea, and spend considerable time advancing it. In short, Jobs was able to continue to put his visionary skills to work, while Cook made sure that the promises Jobs made were delivered as products on the ground.

Start-ups 83

Start-ups Marketability Technology Market Capitalization 83

Brian DeChesare

AUGUST 2, 2023

Also, if you send short emails – which you should in any networking effort – these AI tools are pointless because they barely save you time. Example #3: The Student Who Requires “Assistance” from the Teacher This one is short but also the worst example because of the tone. This is a terrible idea that will yield almost no responses.

Banking 52

Banking Finance Start-ups Equity 52

Reynolds Holding

SEPTEMBER 18, 2023

The key to measuring a firm’s flexibility is the idea that if a firm is inflexible, it is less able to adjust its operations to keep its profit and cost margins stable during changing economic conditions. In short, the data suggests that a firm’s D&I practices on average reduce its operating flexibility.

52

52

Reynolds Holding

MAY 11, 2023

It also was in Chicago back in 2012 that, as Chair of the Commodity Futures Trading Commission (CFTC), I spoke with you about work to reform the $700 trillion swaps markets. [4] In the last couple of decades, certain market participants, including principal trading firms (PTFs), started participating significantly in the Treasury markets.

Treasury 81

Treasury Marketability Start-ups Compliance 81

ThomsonReuters

OCTOBER 20, 2021

The global trade landscape is always in a state of flux. Trade regulations, geopolitics, free trade agreements, sourcing trends, and even the latest WCO 2022 tariff schedule update all add to the complexity of trade compliance. Global trade trend #3: CBP’s 21 st -Century Customs Framework ushers in a new era of trade.

Compliance 52

Compliance Technology Treasury 52

Brian DeChesare

MAY 4, 2022

The Short, Quick Answer About the Twitter Buyout. That’s the short version. Table of Contents: 2:13: The Short Answer. In terms of benchmarking these numbers, the overall idea is that Facebook, AKA “Meta Platforms,” is the top company on most of these metrics except for growth. Put simply, does the math work?

EBITDA 100

EBITDA Start-ups Finance Equity 100

Simply Treasury

JUNE 15, 2020

The idea is to ask: what could have been done better to be more resilient, more efficient, better in supporting operations, to be more “liquid”, more alert, more agile, etc.? All treasurers I talked to have plenty ideas to make things more efficient. Let's take advantage of the current momentum to impose our new ideas and projects.

Treasury 52

Treasury Finance Banking 52

Brian DeChesare

JULY 20, 2022

The short answer is that SPACs can be reasonable alternatives to traditional IPOs for certain companies. Therefore, the main trade-offs are simple: SPACs: Companies get the speed and reduced regulation in exchange for greater dilution in the offering and possibly worse stock-price performance after the deal closes.

Start-ups 52

Start-ups Marketability Equity 52

Equidam

JULY 14, 2022

If so, why, and what can we expect in the short and mid-term? On the buy-side, the companies that invest in VC funds generally have their shares traded on an exchange or are a pension or mutual fund, which see the value of their holdings diminish significantly due to lower share prices. But are valuations really down? For all startups?

Marketability 79

Marketability Start-ups Venture Capital Fund Alpha 79

Brian DeChesare

MAY 24, 2023

I’ll do a deep dive into the entire space in this article, including the top funds, example trades, recruiting, exit opportunities, and more. A long/short equity fund could find an undervalued company, like it for reasons A, B, and C, and argue that its price will increase by 50%. revenue and 11.5x EBITDA multiple , matching its own.

Equity 64

Equity Start-ups EBITDA Banking 64

Reynolds Holding

APRIL 18, 2022

Former SEC Chair Mary Jo White articulated this trade-off in a 2016 speech at the SEC-Rock Center’s Silicon Valley Initiative: “[P]art of the SEC’s mission is to facilitate capital formation, so it is important that our rules and regulatory actions create an environment that fosters innovation and growth.

Intangible Assets 64

Intangible Assets Marketability Firm Value Finance 64

Reynolds Holding

JANUARY 25, 2023

Blaszczak [1] has long been a one-off case that did not fit the mold of the traditional insider trading prosecution, but now — following a 2-1 decision of the Second Circuit in December, reversing most of the convictions in the case — it may destabilize the law on insider trading for some time to come.

Dividends 59

Dividends 59

Musings on Markets

OCTOBER 12, 2023

In response, I have been told that the problem is not with the idea of ESG, but in its measurement and application, and that impact investing is the solution to both market and society's problems. That seems to be the case, albeit marginally, between 2011 and 2014, but not since then.

Market Capitalization 82

Market Capitalization Enterprise Value Start-ups Marketability 82

Value Scope

AUGUST 31, 2020

Regardless of “customary” practices, using simple deterministic models is a poor idea. Chapter 22 refers to a situation in which a company that had gone through a Chapter 11 filing, and emerged, has gone back into Chapter 11 again in short order. Generalists will make mistakes. Rather, it should be probabilistic, or stochastic.

Capital Structure 130

Capital Structure Finance Marketability Compliance 130

Reynolds Holding

DECEMBER 5, 2023

For example, FINRA’s Blue Sheets contain both trading and account holder information, so that for any trade that a firm executes on behalf of its client, the firm is keeping a record of the name of the security, the date of the trades, and the party with whom the firm traded. securities markets. ENDNOTES [1] 143 S.Ct.

Marketability 52

Marketability Banking 52

Brian DeChesare

JANUARY 31, 2024

Portfolio Structure: Unlike MM portfolios, SM portfolios do not have to be market–neutral or based on pair trades; many SM funds also tend to run much more concentrated portfolios (e.g., Internal meetings where you discuss new ideas and your current positions with the rest of the team. 10 – 15 positions rather than 100+).

Start-ups 59

Start-ups Equity Marketability Banking 59

Brian DeChesare

APRIL 13, 2022

They all think they can make a fortune buying and selling stocks; in other words, they’re fans of the long/short equity strategy. When the average person thinks of hedge funds, long/short equity is often the first thing that comes to mind. Probably 90% of hedge fund stock pitches use long/short equity or related strategies.

Equity 86

Equity Start-ups Banking Marketability 86

Brian DeChesare

NOVEMBER 1, 2023

The short answer to #1 is that healthcare private equity firms operate in specific verticals with stable-ish cash flows, such as healthcare services, nursing facilities, medical devices, equipment, and healthcare IT. Don’t they need companies with stable cash flows? Are there many private healthcare companies for PE firms to acquire?

Equity 59

Equity Private Equity Firm Start-ups Banking 59

Musings on Markets

NOVEMBER 10, 2022

Financing expenses are expenses associated with the use of non-equity financing, and in most firms, it takes the form of interest expenses on debt, short term and long term. In sum, though, capitalizing R&D and the Metaverse investments is a good idea, whether you are an optimist or pessimist about the company.

Finance 74

Finance Start-ups Equity Equity Financing 74

Musings on Markets

JANUARY 8, 2022

In short, the key discipline that you need to tame and use data is statistics, and it is one reason that I created my own quirky version of a statistics class on my website. In short, and at the risk of stating the obvious, having access to data is a benefit but it is not a panacea to every problem. Sometimes, less is more!

Risk Premium 91

Risk Premium Start-ups Market Capitalization Corporate Finance 91

Brian DeChesare

MAY 3, 2023

The DDM is a horrible idea for tech/biotech startups and anything else in the “growth” category with unstable or unpredictable cash flows. People tend to ignore this trade-off between Payouts, Growth, and Cash Retention and blindly assume Dividends based on dividend-per-share or EPS figures.

Dividends 64

Dividends Terminal Value Enterprise Value Equity 64

Equidam

JANUARY 26, 2022

Even if we hate doing financial projections, they are useful; they give us insights into the short and long term of our business that we couldn’t figure out otherwise. Step 1: Make sure you use all your (probably short) history. You can find gross and net profit margins of publicly traded companies here and here.

Start-ups 52

Start-ups Marketability 52

Benzinga

JULY 8, 2022

In a breaking update, Elon Musk has backed out of his deal to buy Twitter, Inc (NYSE: TWTR ) for $44 billion. What Happened: An SEC filing from today has shared that Musk wants out of the deal after false and misleading information was shared to him from Twitter.

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136

Brian DeChesare

SEPTEMBER 13, 2023

Ask anyone interested in distressed debt hedge funds for “the pitch,” and they’ll probably mention one of the following: “It’s like long/short equity or credit , but more interesting!” Distressed investing offers equity-like returns with lower risk.” Distressed assets offer non-correlated returns, similar to global macro.”

Equity 83

Equity Banking EBITDA Start-ups 83

Brian DeChesare

APRIL 5, 2023

Trade Surpluses – Some countries, like Singapore, are not rich in commodities but serve as trade hubs and generate significant revenue from these activities. ” And the short answer is: “Some of the Middle Eastern ones, plus GIC and Temasek.” and supporting your Portfolio Manager ’s ideas and requests.

Equity 59

Equity Start-ups Private Equity Firm Banking 59

Cooley M&A

JULY 28, 2022

Seasonal business: A locked-box approach is less appropriate for a target business that is subject to significant seasonality or a business with uncertain short-term financial performance that makes pricing in the seller’s compensation for operating the business during the pre-closing period challenging. Funding issues.

Equity 59

Equity Dividends Banking Finance 59

Reynolds Holding

MAY 9, 2022

Private capital markets, such as venture capital, have brought new ideas to market faster and more flexibly than other capital markets. Congress returned to this idea of competition again in 1996. Further, we also have transparency projects related to short selling, stock buybacks, the stock loan market, and security-based swaps.

Marketability 45

Marketability Treasury Start-ups Banking 45

Brian DeChesare

MAY 18, 2022

Some global macro trade ideas are so simple that the average person who knows nothing about finance could understand them. But the execution is extremely difficult, which explains why some of the largest trading losses in history have come from macro-oriented ideas (“short nickel,” European index futures, oil and gas futures, etc.).

Banking 52

Banking Equity Marketability Finance 52