Mckinsey and Company

MAY 3, 2023

To achieve scale, founders, executives, and investors in construction technology need to eliminate the barriers to efficient growth. Here’s how.

Start-ups 102

Start-ups Technology Equity 102

Viking Mergers

MAY 11, 2022

If you have ever looked into selling a business, you may have learned that there are many types of buyers and deal structures, from employee buyouts, strategic acquisitions, to private equity firms. We have noticed many misconceptions about a particular kind of buyer: the private equity firm. What Do Private Equity Firms Do?

Private Equity Firm 130

Private Equity Firm Equity Venture Capital Fund Finance 130

Reynolds Holding

APRIL 16, 2024

For most of its history, the private equity industry was largely left alone by securities regulators. A basic assumption underlying this approach was that private equity fund investors are sophisticated and should therefore be able to engage in effective private ordering without outside assistance. 2013; Andonov et al.

Equity 59

Equity Start-ups Marketability 59

Lighter Capital

FEBRUARY 12, 2024

Equity dilution is simply the result of supply and demand. To grow the business, founders and co-founders often sell an ownership stake in the company, or equity , to investors to raise capital; many will also issue equity to hire and compensate early team members. Think of equity shares as pieces of a pie.

Equity 52

Equity Start-ups Finance Marketability 52

Brian DeChesare

JANUARY 24, 2024

Let’s start with the elephant in the room: yes, we’ve covered the growth equity case study before, but I’m doing it again because I don’t think the previous examples were great. So, you can think of this example and tutorial as “Growth Equity Case Study: The Final Form.” They over-complicated the financial model (e.g.,

Equity 102

Equity Private Equity Firm Start-ups Comps 102

Brian DeChesare

NOVEMBER 1, 2023

When you hear the words “healthcare private equity,” two thoughts probably come to mind: Wait a minute, isn’t healthcare a risky/growth-oriented sector? Before delving into these nuances, we should take a step back and define the sector: Definitions: What is a Healthcare Private Equity Firm? Why do PE firms operate there?

Equity 59

Equity Private Equity Firm Start-ups Banking 59

Brian DeChesare

AUGUST 16, 2023

As with investment banking in Hong Kong , I can summarize private equity in China in one sentence: “If you’re not Chinese, don’t even think about it, and even if you are Chinese, it’s best if you have great connections within the CCP and want to stay in China long-term.” This may change due to factors like the “decoupling” with the U.S.,

Equity 70

Equity Banking Start-ups Private Equity Firm 70

Sun Acquisitions

SEPTEMBER 9, 2022

If it makes financial sense and you understand the dilution aspect of selling equity and the potential interference from investors, then yes, go ahead. Whatever your motives for giving up part ownership in your company, there are things M&A brokers want you to be aware of. Selling equity – the good, the bad, the ugly.

Equity 52

Equity Start-ups Private Equity Firm Business Valuation 52

Harvard Corporate Governance

NOVEMBER 25, 2022

In P3 Health Group , private equity firm Hudson Vegas Investments SVP LLC, which was the second-largest unitholder of P3 Health Group Holdings, LLC (the “Company”), challenged the Company’s de-SPAC merger. The Company’s sponsor, private equity firm Chicago Pacific Founders Fund, L.P., Background.

Private Equity Firm 231

Private Equity Firm Equity Start-ups 231

Reynolds Holding

APRIL 11, 2023

As institutional investors grow in size and influence, questions arise as to whether they are effective stewards for equity investors. That the three mutual fund families with the most total net assets each holds equity positions in around 5,000 U.S. At the end of 2020, one-fourth of U.S. Moreover, 36.2

Equity 59

Equity Start-ups 59

Mckinsey and Company

MARCH 19, 2024

Despite market slowdown and funding woes, some agriculture technology start-ups still retain high value. Here’s how investors can identify and pursue these opportunities in time.

Start-ups 110

Start-ups Technology Marketability Equity 110

Benzinga

APRIL 15, 2024

Informatica shares are up approximately 35% since the start of the year. Private-equity firm Permira and the Canadian Pension Plan Investment Board took Informatica private for $5.3 billion in 2015 after it. Full story available on Benzinga.com

Private Equity Firm 52

Private Equity Firm Start-ups Equity 52

Brian DeChesare

FEBRUARY 9, 2022

Ask the average student or professional in the finance industry about their long-term career goal, and they’ll usually say, “ private equity mega-funds. ”. Similar to middle market private equity , though, there are some definitional problems here. Definitions: What is a Private Equity Mega-Fund?

Equity 52

Equity Banking Start-ups Finance 52

Musings on Markets

OCTOBER 4, 2023

We started the year with significant uncertainty about whether the surge in inflation seen in 2022 would persist as well as about whether the economy was headed into a recession. The NASDAQ also gave back gains in the third quarter, but is up 27.27% for the year, but those gaudy numbers obscure a sobering reality.

Marketability 104

Marketability Start-ups Risk Premium Treasury 104

Financial Times M&A

AUGUST 29, 2022

Plus, JPMorgan’s encounter with an unprofitable start-up that wanted to list

Equity 40

Equity Start-ups 40

Musings on Markets

JANUARY 28, 2024

In my last data updates for this year, I looked first at how equity markets rebounded in 2023 , driven by a stronger-than-expected economy and inflation coming down, and then at how interest rates mirrored this rebound. Analysts often try to bring company-specific components, i.e,

Risk Premium 93

Risk Premium Beta Start-ups Equity 93

Brian DeChesare

JANUARY 3, 2024

My portfolio did “OK” (up 10% for the year), but it greatly underperformed the S&P 500 , which was up 24%. With better decisions, I could have been up 15 – 20% for the year and slightly above my levels from 2 years ago. Gold did well (up around 13%), but I had 10% or less in it the whole time.

Marketability 59

Marketability Start-ups Equity Dividends 59

Brian DeChesare

MAY 8, 2024

Oh, and then there’s my story – how I crashed my car into a tree after working crazy hours – and eventually quit the industry to start this site. Get started ASAP!” Before 2008, banking jobs paid so much more than consulting, tech, and other roles that junior bankers would put up with anything to get in.

Banking 109

Banking Start-ups Finance Equity 109

Appraisers Blog

JUNE 27, 2023

He’s getting $800+ per, plus various expenses and follow up. We ran up to somewhere west of Loveland a few times last week, caught a fish, took in fresh air, that was nice. Thinking of something in insurance though, just not sure yet. Reminds me what it was like pre amc days.

Appraisal 97

Appraisal Start-ups Equity Marketability 97

Brian DeChesare

JUNE 29, 2022

If you’re thinking about exit opportunities and can’t decide between private equity and hedge funds , activist hedge funds might be your solution. Similar to private equity firms, they operate on longer time frames, influence companies’ operations and finances, and might catalyze major changes, such as spin-offs or acquisitions.

Private Equity Firm 52

Private Equity Firm Equity Banking Start-ups 52

Musings on Markets

MARCH 25, 2021

The first quarter of 2021 has been, for the most part, a good time for equity markets, but there have been surprises. Those rates stayed low through the rest of 2020, even as equity markets recovered and corporate bond spreads fell back to pre-crisis levels. to close to zero, and the ten-year T.Bond rate declining to close to 0.70%.

Equity 52

Equity Risk-free Rate Treasury Start-ups 52

Reynolds Holding

SEPTEMBER 20, 2023

Given the preparation required, private equity firms are well advised to start to consider the impact of CSRD, and we outline in this Update suggested steps for firms to take. It is based on the firm’s memorandum, “CSRD—Impact on Private Equity,” date September 13, 2023, and available here.

Equity 45

Equity Private Equity Firm Finance Start-ups 45

Appraisers Blog

AUGUST 21, 2023

Better financial education of the public at large starts with the basic concept of cash equivalent payment over the amortized term. The secret to the Jones’es up the street, the ones with all the fun toys, bbq’ing regularly, and flex cash; They financed half the principal debt amount compared to the next guy.

Start-ups 84

Start-ups Appraisal Finance Equity 84

Appraisers Blog

AUGUST 14, 2023

Same old activity, now rebranded with an illusionary justification of bringing equity in lending under the illusionary premise the appraisers are responsible for equity differences in housing by race. They can start offering higher price offers right now, and volunteer for higher taxes, and higher mortgage payments.

Start-ups 68

Start-ups Equity Appraisal Marketability 68

Musings on Markets

JANUARY 30, 2023

If 2022 was an unsettling year for equities, as I noted in my second data post, it was an even more tumultuous year for the bond market. As a result of these rate changes, the term structure which started the year as upward sloping, ended the year downward sloping, giving rise to the usual talk of an imminent recession.

Treasury 74

Treasury Start-ups Risk Premium Equity 74

Musings on Markets

JANUARY 19, 2022

In a post at the start of 2021 , I argued that while stocks entered the year at elevated levels, especially on historic metrics (such as PE ratios), they were priced to deliver reasonable returns, relative to very low risk free rates (with the treasury bond rate at 0.93% at the start of 2021). The year that was.

Risk Premium 80

Risk Premium Risk-free Rate Start-ups Equity 80

Brian DeChesare

DECEMBER 20, 2023

If you want to know how to get an investment banking internship, it’s simple: Start very, very early and have a great “Plan B” if something goes wrong. Admittedly, not all banks did this, and many bulge bracket firms will start in the normal time frame of January – March. Internships at regional boutique banks.

Banking 91

Banking Start-ups Finance Corporate Finance 91

Benzinga

MAY 2, 2024

His experiences run the gamut from initial start-ups to Fortune 100 Companies. Mr. Hisey began his career at Ernst & Young, considered one of the Big Four accounting firms globally, as a. Full story available on Benzinga.com

Technology 59

Technology Corporate Finance Start-ups Accounting Firms 59

Lighter Capital

JULY 22, 2023

SaaS companies often start generating revenue much earlier compared to startups in other tech categories. Equity funding has its downsides, too — for many founders, it’s , not worth diluting equity and ceding control of the business for a few million dollars of runway. For investors, SaaS means security. Maturity date.

Finance 98

Finance Equity Equity Financing Banking 98

Musings on Markets

JULY 13, 2022

It has been my practice for the last two decades to take a detailed look at how risk varies across countries, once at the start of the year and once mid-year. Country Risk: Equity Risk For equity investors, the price of risk is captured by the equity risk premium, and equity risk premiums will vary across countries.

Risk Premium 81

Risk Premium Risk-free Rate Start-ups Equity 81

Musings on Markets

MARCH 19, 2022

The Lead In To understand the market effects of the Russia-Ukraine conflict, we need to start with an assessment of the two countries, and their places in the global political, economic and market landscape, leading in. Ukraine, a part of the Soviet Union, has had its shares of ups and downs, and its economic footprint is even smaller.

Start-ups 100

Start-ups Risk Premium Equity Market Capitalization 100

Peak Business Valuation

FEBRUARY 21, 2024

Experts estimate that over 4 million businesses are started every year in the United States. If you plan to start a business, securing financing may be the difference between success and failure. By securing SBA loans for starting a business, you can establish a stable and successful startup business.

Business Valuation 52

Business Valuation Start-ups Finance Appraisal 52

Viking Mergers

AUGUST 19, 2022

Back in 2020, however, I shared my opinion that the COVID-19 pandemic was a wake-up call for many Boomers (those born between 1946 and 1964) who realized being at home wasn’t too bad and that life is too short to work until the very end. As soon as your ability to run the company declines, the business starts to decline with it.

Start-ups 130

Start-ups Equity Banking 130

Benzinga

DECEMBER 29, 2023

Law firm Allen & Overy unveiled this week a new tool that uses generative artificial intelligence (AI) to negotiate and draw up draft contracts. This tool, developed in collaboration with Microsoft Corp (NASDAQ: MSFT ) and OpenAI, is instrumental in creating Harvey, the company’s own legal AI start-up.

Start-ups 72

Start-ups Equity Marketability 72

Viking Mergers

NOVEMBER 28, 2022

For example, he started a small coffee business that exclusively sold coffee from the countries where they worked in South America. I actually thought about starting something like a consulting business or a publishing company,” Ken recalls. I had just started learning about acquisition entrepreneurship, and I thought, ‘Wait.

Start-ups 130

Start-ups Equity 130

Biz Equity

MAY 4, 2023

Attract Investors : With an accurate estimate of your practice’s current valuation and potential for growth, you can attract venture capital or private equity investors. It’s important to understand that working with VC or PE firms typically requires the business owner to give up something in return.

Business Valuation 52

Business Valuation Start-ups Equity Banking 52

Musings on Markets

MAY 6, 2022

In most time periods, those recalibrations and resets tend to be small and in both directions, resulting in the ups and downs that pass for normal volatility. Clearly, we are not in one of those time periods, as markets approach bipolar territory, with big moves up and down.

Risk Premium 92

Risk Premium Treasury Start-ups Equity 92