Appraisers Blog

APRIL 25, 2025

Typically because there is either insufficient market data or the sale price is so out of line I couldn’t commit fraud all day long and hit the price. That one was a $1M+ which I bid low because I was familiar with the area and there appeared to be adequate market data to support the stated sale price. I mean, how hard is it?

Start-ups 98

Start-ups Appraisal Marketability 98

Financial Times M&A

AUGUST 25, 2024

Slowdown in public listings and takeovers means staff and investors are selling shares for cheap on secondary market

Start-ups 101

Start-ups Marketability 101

Harvard Corporate Governance

FEBRUARY 22, 2023

Starting in January 2021, the U.S. stock market was hit by a “meme stock” storm. This post is based on their recent paper.

Start-ups 267

Start-ups Marketability 267

Appraisers Blog

APRIL 26, 2025

What the general public doesnt understand, I believe, is that Fannie Mae went under conservatorship after the 2008 market crash. Instead of helping Fannie Mae grow up and move toward independence, the FHFA has basically encouraged a sugar-fueled, fire-hazard meltdown then acted shocked when things don’t magically fix themselves.

Appraisal 98

Appraisal Start-ups Marketability 98

Musings on Markets

APRIL 7, 2025

Coming after a few days where the market seemed to have found its bearings (at least partially), it was clear from the initial reactions across the world that the breadth and the magnitude of the tariffs had caught most by surprise, and that a market markdown was coming.

Marketability 93

Marketability Risk Premium Start-ups Equity 93

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 Markets in the Third Quarter Coming off a year of rising rates in 2022, interest rates have continued to command center stage in 2023.

Marketability 123

Marketability Start-ups Risk Premium Treasury 123

Musings on Markets

SEPTEMBER 5, 2024

Last Wednesday (August 28), the market waited with bated breath for Nvidia’s earning call, scheduled for after the market closed. This dance between companies and investors, playing out in expected and actual earnings, is a feature of every earnings season, especially so in the United States, and it has always fascinated me.

Marketability 136

Marketability Start-ups Discounted Cash Flow Market Capitalization 136

Viking Mergers

APRIL 3, 2023

Every year, millions of Americans give up their jobs in Corporate America to pursue the dream of owning a business. It’s also helpful to research the current market and trends to see what industries expect growth in the upcoming years. Eventually, you will identify a prospective business and meet with the sellers.

Start-ups 244

Start-ups Finance Marketability 244

Harvard Corporate Governance

APRIL 19, 2022

The private markets and their role in the economy is an important topic and I’m glad to have this gathering of highly respected academics and industry participants thinking about the subject matter. Thank you, Michael [Minnis]. I am humbled to be here today with such an impressive group of participants. more…).

Start-ups 204

Start-ups Finance Marketability Equity 204

Musings on Markets

FEBRUARY 8, 2024

I was planning to finish my last two data updates for 2024, but decided to take a break and look at the seven stocks (Apple, Amazon, Alphabet, Meta, Microsoft, Nvidia and Tesla) which carried the market in 2023. In terms of dollar value added, Microsoft and Apple each added a trillion dollars to their market capitalizations, during the year.

Marketability 141

Marketability Market Capitalization Start-ups Equity 141

Musings on Markets

JANUARY 10, 2025

It is the end of the first full week in 2025, and my data update for the year is now up and running, and I plan to use this post to describe my data sample, my processes for computing industry statistics and the links to finding them. In the table below, we compare the changes in regional market capitalizations (in $ millions) over time.

Risk Premium 119

Risk Premium Dividends Start-ups Corporate Finance 119

Brian DeChesare

OCTOBER 30, 2024

Corporate finance is fine if you’re in it to advance up the ladder over many years/decades while having a reasonable work/life balance. based roles will start in the $70 – $90K range and advance to the $200 – $250K range at the Director level. Can we speed up the data consolidation processes? Your total compensation in U.S.-based

Corporate Finance 105

Corporate Finance Finance Treasury Banking 105

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 127

Start-ups Technology Marketability Equity 127

Brian DeChesare

FEBRUARY 22, 2023

Sell-Side Definition: In the finance industry, “buy-side firms” raise money from institutions and wealthy individuals and invest on their behalf, profiting from management fees, performance fees, or both; “sell-side firms” earn money from commissions charged to facilitate deals and to sell, market, and trade equity, debt, and other securities.

Finance 130

Finance Marketability Banking Corporate Finance 130

Musings on Markets

FEBRUARY 18, 2025

The second was a comment that I made on a LinkedIn post that had built on my implied equity premium approach to the Indian market but had run into a roadblock because of an assumption that, in an efficient market, the return on equity would equate to the cost of equity.

Equity 52

Equity Book Value Marketability Start-ups 52

Musings on Markets

JULY 17, 2023

I am not a market prognosticator for a simple reason. I am just not good at it, and the first six months of 2023 illustrate why market timing is often the impossible dream, something that every investor aspires to be successful at, but very few succeed on a consistent basis.

Marketability 98

Marketability Risk Premium Start-ups Treasury 98

Musings on Markets

DECEMBER 11, 2024

As you look at my class list in the next section, you will note that each of the classes is built around a story line, with the sessions building up to what is hopefully a climax. to the transactional (how much of my business should I give up for a capital infusion?)

Corporate Finance 126

Corporate Finance Finance Start-ups Marketability 126

IVSC

SEPTEMBER 30, 2022

New Trustees were confirmed by the IVSC’s Nominations Committee during the 2022 AGM in Fort Lauderdale and will take up their roles from October 2022, on an initial three-year term. Mr.Katto was CEO of Uganda’s Capital Markets Authority (CMA) for 16 years until end of 2013. from Columbia University in New York, USA.

Start-ups 246

Start-ups Banking Marketability Finance 246

Harvard Corporate Governance

APRIL 19, 2023

This proxy season is shaping up to be an uncommon tempest for companies and shareholders alike: macro-economic conditions are stressing corporate performance, trading multiples are depressed, and—last, but not least—the universal proxy card regime has finally come into effect.

Start-ups 253

Start-ups Marketability 253

Global Finance

MARCH 3, 2025

It used to be tough investing in private market assets. Typically, at least a couple of hundred thousand dollars was required, and you had to commit the money for up to 10 years or more. Some focus on specific sectors of the market while others are more diversified. Not anymore. The new funds investing strategies run the gamut.

Marketability 59

Marketability Start-ups Banking Equity 59

Sun Acquisitions

JUNE 16, 2025

started his manufacturing journey in his basement, acquiring his first lathe to produce swivel joints for a lamp company. Thanks to his hard work and strategic approach, we ended up with an incredible 12 offers, and we’re delighted with the final sale price,” said Michelle Dempster. The story of Demco Products and 3B Filters Inc.

Start-ups 94

Start-ups Marketability 94

Global Finance

DECEMBER 27, 2024

Apart from political stability and economic reforms, factors like strategic location, abundant natural resources, infrastructure expansion, investment incentives, and a growing local and regional market are among the factors making Tanzania quite attractive. Inflation (2024, projected): 3.2% Inflation (2024, projected): 3.2%

Alpha 144

Alpha Start-ups Finance Marketability 144

Lighter Capital

MAY 8, 2024

Whether your business is just starting to focus more heavily on product-market fit, or if the goal is to raise money so you can continue to grow, today’s market is proof that customer focus will remain a critical element in success. In the guide below, you’ll learn how to measure product-market fit and why it matters.

Marketability 104

Marketability Start-ups Banking 104

Global Finance

JUNE 17, 2024

A 10-year veteran at DBS Bank, Karoonyavanich recently expanded his role to cover all Equity Capital Markets business for the bank globally when the firm merged its equities, fixed income and brokerage businesses to form a new Investment Banking unit. Its Hong Kong market share surged from a mere 0.2% in 2021 to an impressive 6.7%

Equity 111

Equity Marketability Banking Start-ups 111

Global Finance

JUNE 18, 2024

The Hyundai India IPO that was announced earlier this year has become a bellwether for the health of Indian stock markets and particularly its IPO market, now that the South Korean carmaker has reportedly filed a draft red herring prospectus with the Securities and Exchange Board of India (SEBI) on June 15.

Marketability 105

Marketability Equity Start-ups Banking 105

Viking Mergers

MAY 18, 2023

With that kind of earnings potential, you may expect it to be a seller’s market with buyers lined up to take advantage of e-commerce popularity. A professional valuation will provide vital insight into where your business fits in the broader industry and global e-commerce market.

Start-ups 214

Start-ups Book Value Enterprise Value Marketability 214

Equidam

FEBRUARY 27, 2025

This is in contrast to more common market-based approaches that set a price based on comparison to a pool of similar companies. Price is what you’ll end up seeing on term sheets and press releases, however it is calculated. Think about how you might price a can of coke in a supermarket, relative to similar products.

Start-ups 52

Start-ups Marketability B2B Finance 52

Financial Times M&A

APRIL 3, 2025

Plus, market volatility snags a debt refinancing by Vista Equity Partners and start-up Plaid suffers a big valuation drop

Start-ups 96

Start-ups Equity Marketability 96

Mckinsey and Company

FEBRUARY 26, 2024

The CEO of a cutting-edge fintech explain how his start-up offers investment services once reserved for the ultrawealthy to successful professionals.

Start-ups 92

Start-ups Marketability 92

Brian DeChesare

FEBRUARY 19, 2025

With investment banking internship recruiting starting earlier and earlier, you also need to win pre-banking internships earlier. Performing market research and competitive analysis to find interesting companies. Once youve found an initial set of 10 15 VC firms and specific people at each firm, its time to start your outreach effort.

Banking 59

Banking Start-ups Finance Venture Capital Fund 59

Viking Mergers

MAY 9, 2023

Reed grew up on a farm in rural Tennessee, where his father was a farmer and a lawyer. He says it was a good way to grow up, but anxious to experience what life might offer outside of a small country town, Reed left to study business at the University of Tennessee. To work for myself, get out of Corporate America, and start a business.

Start-ups 130

Start-ups Business Valuation Corporate Finance Finance 130

Peak Business Valuation

JANUARY 17, 2025

Nonetheless, when buying a business, understanding its fair market value is key. Start today by scheduling your free consultatio n below! A business valuation is the process of determining the fair market value of a business. These valuation methods estimate the fair market value of a clothing store.

Business Valuation 52

Business Valuation Fair Market Value Start-ups Appraisal 52

Financial Times M&A

APRIL 24, 2024

Request for comments into Big Tech’s alliances with artificial intelligence start-ups follows CMA study into fast-growing market

Start-ups 95

Start-ups Marketability 95

Mckinsey and Company

FEBRUARY 12, 2025

AWSs Jelena Joffe Weil discusses Amazons venture innovation initiative and the benefits of collaborative innovation to both large enterprises and start-ups.

Start-ups 70

Start-ups Marketability Corporate Finance Finance 70

Musings on Markets

NOVEMBER 14, 2024

I have been in business and markets for more than four decades, and while sustainability as an end game has existed through that period, for much of it, it was in the context of the planet. I started that session with a question, born entirely out of curiosity, to the audience of what they did, at their respective organizations.

Start-ups 99

Start-ups Banking Alpha Marketability 99

Appraisers Blog

AUGUST 31, 2024

They discovered that not only could they continue to control the entire loan process start to finish, but could be very profitable and market to other users in need of an AMC. A large mortgage company hired a 3-person team to set up an AMC from their mortgage loan production staff.

Appraisal 98

Appraisal Compliance Start-ups Marketability 98

Global Finance

JANUARY 2, 2025

For example, as soon as a merger or acquisition announcement is made, the employees of the target company start leaving. So dont wait until a crisis is at its peak and you incur losses, lose market share, lose customers. Look at the competition who are creeping up on you, and then, relatively early, make a decision and buy.

Finance 124

Finance Start-ups Technology Corporate Finance 124