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The Relevance of Historical and Forecast Periods in a Business Valuation

Equilest

Here’s how they enhance reliability: Import financials directly from accounting software Auto-normalize historical data Generate scenario-based forecasts Run DCF, LBO, and market comps simultaneously Sensitivity Analysis Dashboards to test WACC, growth, and exit multiples ? Example: Historical Data of XYZ Co. 2% 10% $21.2M 3% 10% $26.5M

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Demystifying Valuation Clauses in LPAs for Emerging Managers

Equidam

The exuberance of 2020-2021 – when startup valuations soared and many funds reported glowing paper gains – gave way to a harsh reality check in 2022. For first-time managers, understanding this approach is useful because it reflects how different angles (market comps, cash flows, qualitative scoring) can all inform value.

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Sports Investment Banking: How to Win the Super Bowl and the World Cup in the Same Year

Brian DeChesare

SPAC IPOs for esports companies were “hot” for a short period in 2021, but they seem to have died off by now. They might also use “blended multiples” or “primary and secondary comps”: 5) “Emotional” Valuations – Finally, team valuations are often irrational because many deals involve individual billionaires as buyers or sellers.

Banking 105
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Down Round Valuation: How to Survive and Protect Your Equity (2025)

Equidam

Indeed, companies valued primarily on revenue multiples during 2020-2021 are now the most vulnerable to down rounds. Case Study : Consider a SaaS company that raised $10M at a $50M valuation in 2021 (25x their $2M ARR).

Equity 59
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NAR Report Paints a Different Picture

Appraisers Blog

Using data from the 2021 Profile of Home Buyers and Sellers, the report looks at the characteristics of who purchases homes, why they purchase, what they purchase and the financial background for buyers based on race. On January 4, 2021, the…. For an appraiser to arbitrarily go into another area to get "comps" merely….

Comps 111
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Solving the ANSI Measuring Dilemma

Appraisers Blog

…a brilliant ‘work around’ to solve the subject & comps adjustment issues, which Fannie Mae thinks is no big deal… Appraisers, I was chatting with an appraiser buddy last week about the ANSI measuring dilemma we all face when doing Conventional lending reports, which ultimately will wind up with Fannie Mae. Appraisers, an appraiser….

Comps 98
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Comment on Escaping the Black Hole: Appraisers Fleeing Mortgage Lending by Mary Cummins

Appraisers Blog

Someone just told me it was this case which I wrote an article about July 2021. It was also in a different neighborhood than the higher comps. Second appraiser used comps of fully renovated homes in an area which sells for a lot more because it’s revitalized. Same reporter. Same Fair Housing group. Similar values, dates.