Musings on Markets

NOVEMBER 15, 2022

In the second post, I pointed to inconsistencies in how accountants classify operating, capital and financing expenses , and the consequences for reported accounting numbers. Narrative and Value As someone who has spent the last four decades talking, teaching and doing valuation that we have lost our way in valuation.

Start-ups 90

Start-ups Marketability Market Capitalization Technology 90

Brian DeChesare

AUGUST 10, 2022

Historically, these panicked questions were usually variations of: “Will I get pigeonholed? How do I move around? The first one about becoming pigeonholed is more valid, but it depends on your experience and how quickly you move around. I don’t want to be stuck in oil & gas forever.

Banking 82

Banking EBITDA Dividends Equity 82

Musings on Markets

MARCH 19, 2022

As the world's attention is focused on the war in the Ukraine, it is the human toll, in death and injury, that should get our immediate attention, and you may find a focus on economics and markets to be callous. 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

Equilest

MARCH 17, 2022

Presentation of the profitability method to evaluate a company Attractions and limits of the method of multiples to value a company How to conduct a company valuation based on profitability? Business value = Typical business earnings divided by discount rate VE = Result / i. Read our explanation. EV = Result x Multiple.

Business Valuation 40

Business Valuation EBIT EBITDA Discounted Cash Flow 40

FE International

APRIL 20, 2022

This means there should still be a strong supply of excellent acquisition opportunities in 2022 and beyond as the e-commerce businesses that have survived are stronger than ever. The total value of closed e-commerce deals in 2021 was nearly double that of 2020, and 2020’s total value was 8x 2019’s total value.

Private Equity Firm 98

Private Equity Firm Equity Start-ups Business Valuation 98

Brian DeChesare

JANUARY 19, 2022

FSG Investment Banking: What the Financial Sponsors Group Does The Financial Sponsors Group vs. the Financial Institutions Group The Financial Sponsors Group vs. Leveraged Finance vs. Debt Capital Markets Recruiting: Who Gets Into the Financial Sponsors Group? What Do You Do as an Analyst or Associate in the Financial Sponsors Group?

Private Equity Firm 72

Private Equity Firm Banking Equity Finance 72

Valutico

MAY 6, 2024

It’s about figuring out how much an asset or company is worth right now. When it comes to mergers and acquisitions (M&A), valuation gets trickier because of all the negotiations and different people involved. We also consider things like how companies will work together, laws, market changes, taxes, and the type of buyer.

Discounted Cash Flow 52

Discounted Cash Flow Precedent Transaction Analysis Weighted Average Cost of Capital Comparable Company Analysis 52

FE International

APRIL 13, 2022

This means there should still be a strong supply of excellent acquisition opportunities in 2022 and beyond as the businesses that have survived are stronger than ever. In this post, we will explore trends in SaaS, how the micro-and mid-cap SaaS acquisition landscape has changed in the past 6-12 months and what we expect to see soon.

Private Equity Firm 52

Private Equity Firm Equity B2C Start-ups 52

Valutico

OCTOBER 20, 2022

We’ll walk you through what a discounted cash flow analysis is, what it is used for, as well as what all the distinct terms mean, and provide step-by-step instructions on how to calculate company value, and share price, using the DCF method. . Context of DCF: There are three main approaches to calculating a company’s value.

Discounted Cash Flow 52

Discounted Cash Flow Terminal Value Weighted Average Cost of Capital Net Present Value 52

Brian DeChesare

OCTOBER 12, 2022

If you search for “how to start a private equity firm” online, you’ll find results that range from useless to tangentially useful to occasional nuggets of real wisdom. That said, much of it is better than the junk found on generic websites about how to start a hedge fund. How Does It Work?

Private Equity Firm 59

Private Equity Firm Equity Start-ups Marketability 59

Musings on Markets

MARCH 8, 2023

In my sixth data update, I looked at the trade off that should determine how much companies borrow, where the tax benefits are weighed off against bankruptcy costs, but noted that firm often choose to borrow money for illusory reasons and because of me-tooism or inertia.

Dividends 91

Dividends Start-ups Finance Corporate Finance 91

FE International

MARCH 14, 2018

Building Around Value. How to Value an App. How to Sell an App. As the technical evolution of the industry continues to take it in a more accessible direction , and consumer demand for useful and disruptive software increases, the market is getting more lucrative for innovative, independent developers. Conclusion.

Marketability 52

Marketability Start-ups EBITDA Business Valuation 52

Brian DeChesare

APRIL 19, 2023

If you have an engineering background, you might get hired for your ability to read and interpret technical analyses such as feasibility reports and help bankers incorporate them into financial model assumptions. Metals & mining investment banking used to be a “sleepy” group.

Banking 52

Banking Start-ups Private Equity Firm Equity 52

FE International

JANUARY 3, 2021

Whether you’re selling a Shopify business or any other kind of e-commerce store, this article will teach you how to obtain an accurate business valuation and how to complete an e-commerce business sale. So, how have we ended up here? How to Value an e-Commerce Business. How to Sell an e-Commerce Business.

EBITDA 59

EBITDA Start-ups Finance eCommerce 59