Brian DeChesare

AUGUST 10, 2022

Historically, these panicked questions were usually variations of: “Will I get pigeonholed? And regardless of your experience, you do need a demonstrated interest in the industry to have the best shot at getting in. What Does an Analyst or Associate in Oil & Gas Investment Banking Do? How do I move around?

Banking 82

Banking EBITDA Dividends Equity 82

Musings on Markets

NOVEMBER 10, 2022

As I look at accounting from the outside, I see the primary role of accounting as recording and reporting, in a consistent and standardized form, the answers to three basic questions: What does a business own? What does the business owe? billion, which results in an adjusted PE ratio of about 6. billion to $49.3

Finance 74

Finance Start-ups Equity Equity Financing 74

Valutico

MAY 6, 2024

When it comes to mergers and acquisitions (M&A), valuation gets trickier because of all the negotiations and different people involved. This guide talks about the main ways we figure out value during M&A deals, why they’re useful, and what challenges they bring. What roles does valuation play in M&A?

Discounted Cash Flow 52

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

Musings on Markets

FEBRUARY 27, 2022

Income from financial holdings (including cash balances, investments in financial securities and minority holdings in other businesses) are added back, and interest expenses on debt are subtracted out to get to taxable income.

Start-ups 80

Start-ups Equity Book Value Marketability 80

Musings on Markets

SEPTEMBER 19, 2023

Customers get the time-savings and convenience from having grocery shopping (and delivery, if chosen) done for them, but they pay in the form on both delivery fees and a service charge of 5-10% of the bill, depending on the store picked and the number of items in the basket. For grocery stores, Instacart is a mixed blessing.

Start-ups 102

Start-ups Marketability Technology Equity 102

Musings on Markets

DECEMBER 2, 2020

Why would a company that derives its value from short term rentals by people who travel want to go public, when a out-of-control virus is causing its business to shut down? It is not clear why there are class C shares, other than to give founders, who already have control, even more control in future years, if they feel threatened.

Start-ups 52

Start-ups Marketability Equity Market Capitalization 52

Class VI Partner

JULY 28, 2021

Understand the importance of getting qualified, experience help when selling your company Learn about the different types of fees you should expect to incur when selling your company Learn how investment banking fees are charged and the different ways their success fees could be calculated. GET THE CHECKLIST. KEY ARTICLE TAKEAWAYS.

EBITDA 52

EBITDA Accounting Firms Banking Start-ups 52

Musings on Markets

OCTOBER 6, 2023

A few days ago, I valued Instacart ahead of its initial public offering , and noted that the reception that the stock gets will be a good barometer of where risk capital stands in the market, right now. To understand why, consider how fixed assets (such as plant and equipment and equipment) become part of the balance sheet.

Intangible Assets 104

Intangible Assets Book Value Equity Start-ups 104

Musings on Markets

MARCH 8, 2023

I think that there are legitimate questions worth asking about buybacks, but I don’t think that neither the critics nor the defenders of buybacks seem to understand why their use has surged or their impact on shareholders, businesses and the economy. in 2011 (a 20% capital gains rate + 3.8%

Dividends 91

Dividends Start-ups Finance Corporate Finance 91

Brian DeChesare

JUNE 1, 2022

We’ll get into these fun developments, but I want to start with the basic definitions: Power & Utilities Investment Banking Defined. That means that power & utilities is not the best sector to target if you’re trying to get into IB from “off the beaten path.”.

Banking 93

Banking Equity Book Value Capital Structure 93

FE International

MARCH 14, 2018

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. What does the business model of an application look like? GrooveJar for Shopify.

Marketability 52

Marketability Start-ups EBITDA Business Valuation 52

Musings on Markets

FEBRUARY 4, 2023

Looking at the capital invested at Adani Enterprises provides us with a sense of how much capital this company has employed over the last twenty years to get to its current standing. I am puzzled that Hindenburg's short thesis spends as much time as it does trying to convince us that the company is over levered.

Start-ups 100

Start-ups Market Capitalization Marketability Equity 100

Musings on Markets

OCTOBER 25, 2022

It is never pleasant to be in the midst of a market correction, but a market correction does operate as a cleanser for excesses that enter into even the most disciplined investors' playbooks in the good times. Free Cash Flows: The What and The Why! and which ones to include (cash acquisitions, foreign exchange gains or losses etc.)

Dividends 92

Dividends EBITDA Equity Start-ups 92