Fri.Jul 09, 2021

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Tech Startups Valuation: Case Study [Free template]

Sharp Sheets

A lot has been written online around tech startups valuation: the different methodologies, their pros and cons and limitations. Everyone agrees on one thing though: one must be very careful when calculating a valuation for high-growth businesses such as tech startups. Indeed, all startup valuations are the result of a negotiation between two parties: existing and new investors.

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Indirect tax teams face resource constraints and talent gaps in new survey

ThomsonReuters

Nearly half of the corporate tax departments participating in a new survey say they are under-resourced — and the problem is more pronounced among companies in North America than in Europe. In the US, 56% of respondents said they have strained resources, compared with 46% in Canada, 37% in mainland Europe, and 25% in the UK, according to the 2021 State of the Corporate Tax Department report from Thomson Reuters.

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Keeping Up with Delaware Appraisal Jurisprudence Since Aruba: Deal Price Reigns Supreme, But Will Recent Decision Lead to More Arbitrage?

Cooley M&A

In a string of seminal decisions from 2017 through 2019 ( DFC Global , Dell and Aruba ), the Delaware Supreme Court re-shaped appraisal jurisprudence, in each case by overturning the Court of Chancery for failing to give adequate weight to deal price as the most reliable indicator of fair value. In the Delaware appraisal decisions that have followed, the court has consistently found deal price (minus synergies) to be the most reliable indicator of fair value, so long as there was a sufficiently