Brian DeChesare

MAY 4, 2022

15% to 30%) or it starts growing revenue more quickly (20-30% rather than 10-20%) or, better yet, both. Twitter – Financing/Loan Document for LBO (PDF). The main information sources are the Twitter 10-K, its 2022 Q1 Earnings report, the merger agreement, and the loan/financing document. Twitter – 10-K (PDF). as an estimate.

EBITDA

Lighter Capital

AUGUST 10, 2023

Always have a plan for your best- and worst-case scenarios, whether that’s having a line of credit in case of an emergency or securing financing so you can start your next fiscal year with two to three years of runway. Pay close attention to the term length and payment terms if you’re considering debt financing.

Start-ups

Lighter Capital

JANUARY 11, 2022

At Lighter Capital, our Investment Team encounters a lot of questions from startup founders about the features of our financing solutions, such as early payoff provisions, minimum return requirements, warrants, debt covenants , and even whether we require a personal guarantee. What is a debt warrant? How do warrants work?

Debt Financing

Lighter Capital

SEPTEMBER 26, 2023

Lighter Capital has more than a decade of experience helping tech startups grow successfully with non-dilutive debt financing. We’ve seen how bad debt can capsize a young startup, and we know it’s not always easy to spot. Here’s how to recognize and avoid bad debt funding deals that could leave you and your startup underwater.

Debt Financing

Peak Business Valuation

JUNE 15, 2023

If you need funding, you can look into SBA financing for a restaurant. Peak Business Valuation can help you with SBA financing for a restaurant. Schedule a free consultation today to get started! Benefits of SBA Financing for a Restaurant Restaurant owners can benefit from an SBA loan. Schedule a Free Consultation!

Business Valuation

Brian DeChesare

MARCH 13, 2024

Debt financing is much more common, and the GE firm is often the first institutional investor. Most of these firms started out doing early-stage VC deals and still invest across all company stages. Most companies are already profitable, the potential returns are lower, and there’s usually a large secondary component (i.e.,

Equity

Lighter Capital

APRIL 17, 2024

Non-dilutive funding is startup capital that does not require founders to give up equity in their company. Non-dilutive funding can complement an equity round so founders can maximize growth while minimizing dilution ; founders simply take less equity capital alongside debt to raise all the financing they need.

Equity

Cooley M&A

MAY 21, 2021

April 30, 2021) is 125 pages long, but she helpfully digests the holding in a single sentence on page 3: “ Chalking up a victory for deal certainty , this post-trial decision resolves all issues in favor of seller and orders the buyers to close on the purchase agreement.”

Debt Financing

Lighter Capital

DECEMBER 17, 2022

The best way to approach this is by telling a growth story about your business and to make sure you can back up that story with data and analysis drawn from your financial statements. You can derive gross revenues by building up from your most basic elements, such as units sold and pricing by channel. Try to obtain debt financing?

Start-ups

Lighter Capital

AUGUST 5, 2024

As a business starts to grow, the founder who knows how to forecast cash flow can plan and expand more effectively. Cash flow derives from three sources: operations, investments, and financing. For simplicity, this guide focuses on operating cash flow and touches on cash flow from financing activities.

Start-ups

Benzinga

NOVEMBER 22, 2023

The Special Committee and management team explored a range of strategic options, including potential financing and M&A transactions, engaging with multiple potential investors and third parties, before negotiating and entering into a definitive agreement with Syncona. "We Freeline shareholders to receive $6.50

Debt Financing

Equilest

NOVEMBER 12, 2024

Understanding the Leveraged Buyout (LBO) Process An LBO typically involves acquiring a company with a mix of debt and equity. The key feature of an LBO is leverage, where debt financing constitutes a large part of the purchase price. Start by forecasting revenues based on historical performance and industry trends.

Business Valuation

IT Valuations

MARCH 1, 2021

Your seller will need to ensure that its books, records, and contracts can stand up to a robust due diligence process. This is particularly important if the buyer is obtaining debt financing.). Click here to get started. We’ll work with you to ensure the “right fit” meets your criteria of a good buy.

Technology

Equidam

AUGUST 5, 2024

A note on Convertible Notes vs SAFEs The difference between Convertible Notes (also called Convertible Debt, or Convertible Loan Agreements) and SAFEs , is that Convertible Notes are a form of debt financing. You might end up raising a huge priced round to fund production at scale, if everything goes according to plan.

Equity

Reynolds Holding

DECEMBER 18, 2023

Reform efforts in the legal profession to open up law firms’ rigid governance structure could reduce partner run risk but could also open the profession to a host of new hazards. offices and (2) every New York City-based lawyer working in M&A, capital markets, debt finance, antitrust, and white-collar defense for Dewey’s peer firms.

Private Equity Firm

Reynolds Holding

JUNE 11, 2024

households own stocks, up from 52 percent in 2016. [4] debt capital markets facilitate 75 percent of debt financing of non-financial corporations. It would quickly break down—it would start to look like rugby, and get worse from there. Closing Finance knows no geographical boundaries. 4] Third, the U.S.

Marketability

Brian DeChesare

JULY 5, 2023

These tables come up in online discussions/arguments about ranking the top investment banks , but people often take them too seriously. To set up the data for these claims, IB Analysts often spend hours “cutting the data” to make their bank look better. Leveraged Finance ). We’re #1 in Deal Type X or Region Y.”

Banking

Cooley M&A

MAY 11, 2020

In “La La Land,” Damien Chazelle’s Oscar winning film, the audience thinks it has a formulaic Hollywood love story on its hands: boy and girl meet; boy and girl fall in love; boy and girl break up; and boy and girl get back together. The return of the financing out? The posture between the two parties to the $3.3

Finance

Equilest

SEPTEMBER 8, 2022

Convertible debt. Convertible debt is debt financing that can be turned into equity later. Convertible debt has clear rules about what conditions need to be met to turn the debt into equity. Also, until the debt is transformed into equity, the interest can be added to the total convertible debt. . .

Business Valuation

Reynolds Holding

MAY 16, 2024

Before I turn to thoughts on such trends, let me mention two things more broadly about our economy and finance. Technology is transforming finance through the marketing, packaging, and selling of products to the investing public. debt capital markets facilitate 75 percent of debt financing of non-financial corporations.

Treasury

Reynolds Holding

JUNE 13, 2024

households own stocks, up from 52 percent in 2016. [4] debt capital markets facilitate 75 percent of debt financing of non-financial corporations. At the start of FY 2024, we paused on nearly all job postings and backfilling for departing staff. About 58 percent of U.S. 5] The U.S. Further, U.S. In Europe, the U.K.,

Technology

FE International

DECEMBER 31, 2021

up to >6x (more on that later) and seen more than a few interesting valuations devised by buyers! There have been a few examples of analysis from Centurica and SitePoint , which can provide a helpful starting point for new investors. billion up to $6.8 Debt-financed investors.

Weighted Average Cost of Capital

Musings on Markets

MARCH 8, 2023

This is the last of my data update posts for 2023, and in this one, I will focus on dividends and buybacks, perhaps the most most misunderstood and misplayed element of corporate finance. Viewed in that context, dividends as just as integral to a business, as the investing and financing decisions.

Dividends

Musings on Markets

APRIL 20, 2021

The Biden Administration's $ 2 trillion infrastructure plan, announced with fanfare a few weeks ago, has opened up a debate about not only what comprises infrastructure, but also about how to pay for it. Not surprisingly.

Start-ups

Lighter Capital

JANUARY 29, 2025

Debt financing isn't an option yet, because you dont have revenue. And on the off chance that you can pique the interest of investors at this early stage, youll give up a large chunk of equitysometimes 30 to 40 percentfor their money. Statistically, the majority of startups give up or die within four months of inception.

Start-ups

Cooley M&A

JANUARY 25, 2024

Deal financing became more difficult and expensive, placing more emphasis on alternative funding and value creation. Dealmakers leaned into the fact that smaller deals are generally cheaper, as they require less financing and are subject to fewer regulatory hurdles, in each case, if any. trillion – representing a 10-year low.

Start-ups

Cooley M&A

JANUARY 25, 2023

The year started off with a bang, with mega-deals such as Microsoft’s pending $69 billion acquisition of Activision Blizzard, Elon Musk’s $44 billion acquisition of Twitter and Broadcom’s pending $61 billion acquisition of VMware inked in quick succession. Sponsors got creative with their financing structures to get deals done.

Equity

Reynolds Holding

DECEMBER 5, 2024

The bottom line, up front, is that any time a U.S. Are you suggesting that even though the Outbound Rules are aimed at PRC-connected businesses, they will end up impacting U.S. For instance, if a San Jose electronic design automation software start-up were to issue convertible notes to a U.S. person, U.S.

Treasury

Cooley M&A

FEBRUARY 3, 2025

After a rough 2023 , tech M&A in 2024 was slow to start but ended the year strong, with deal values up 32% from 2023 , well outpacing the overall M&A markets 10% growth in 2024. Moreover, serial strategic buyers – typically voracious buyers of VC-backed targets largely remained on the sidelines.

Equity