Where’s the exit here?Every time a VC investor makes a move, we can bet he did some estimates of his future exit — whom to sell and at what price (so he can…Jul 5, 2023Jul 5, 2023
VC value-add may be fundamentally broken. Why?If you open ChatGPT and ask: “What’s typical VC value added besides money,” you’ll probably see that 90% of things will cover either a)…May 11, 2023May 11, 2023
Free cash flow to acquirer (FCFA)Often in the news, a loss-making company is acquired for some high multiple (say, 10X to LFY revenue). People ask: why? And begin to hope…Apr 27, 2023Apr 27, 2023
How much equity to give away to a VC investor in a capital raise?For VC investors, the equity valuation task is pretty straightforward — solving the discounted payoff equation for P (Price) given the…Mar 30, 20231Mar 30, 20231
DIY startup valuation blueprintOn paper, startup valuation is a simple task: you guess the future revenue, net profit margin, cash in the bank, target IRR, time to exit…Mar 18, 2023Mar 18, 2023
