VCFO

NOVEMBER 7, 2023

How Quality of Earnings Reports Impact Valuation Securing a Quality of Earnings (QoE) report is often a routine step in the due diligence process for acquisitions. It entails a deep dive into many facets of operations including the status of contracts, customer concentration risk, the ability to deliver services, and other expense drivers.

Valuation 83

Valuation Auditing Concentration CFO 83

VCFO

MARCH 30, 2023

Building Blocks and Best Practices for Driving Business Value Business valuation is not an original or uncommon topic. If a company’s offerings are so niched or concentrated, what happens if demand shifts suddenly or consistently over time for that offering or set of offerings?

Valuation 86

Valuation SAP Concentration Benchmarking 86

Global Finance

SEPTEMBER 23, 2024

Those that closed a deal often paid way too much, or at least passed the companies along to public markets at inflated valuations. Higher interest rates have cut the global total of initial public offerings nearly in half since 2021, reducing targets’ leverage on valuation. Shares in electric vehicle maker Lucid Motors, whose $4.4

Valuation 104

Valuation Concentration Leverage Investments 104

Barry Ritholtz

OCTOBER 2, 2024

 At The Money: Finding Overlooked Private Investments , with Soraya Darabi, TMV (October 02, 2024) The Efficient Market Hypothesis informs us that stock markets reflect all of the information known about any company. How does this affect VC investing? But is that also true for start-ups and venture-funded private companies?

Investments 71

Investments Valuation Startups Concentration 71

Musings on Markets

AUGUST 15, 2023

In every introductory finance class, you begin with the notion of a risk-free investment, and the rate on that investment becomes the base on which you build, to get to expected returns on risky assets and investments. What is a risk free investment?

Investments 98

Investments Currencies Treasury Hurdle Rate 98

Barry Ritholtz

APRIL 29, 2025

Eventually, he becomes CEO of Voya when the parent company spun out the US holdings into a separate entity, really an a, a fairly unique career path and is sort of uniquely situated to look at the world of investing. Their focus is on generating alpha with high conviction concentrated portfolios. They, they trained them together.

Concentration 52

Concentration Investments Benchmarking CFO 52

Musings on Markets

OCTOBER 6, 2023

The resulting debate among accountants about how to bring intangibles on to the books has spilled over into valuation practice, and many appraisers and analysts are wrongly, in my view, letting the accounting debate affect how they value companies.

Valuation 129

Valuation Profit and Loss Accounting Investments 129

Musings on Markets

OCTOBER 4, 2023

If you are an equity investor, your portfolio standing at this point of 2023 and your returns for the year will be largely determined by whether you had any money invested in the "soaring seven" stocks, as well as the sector and regional skews in your investments.

Marketing 123

Marketing Treasury Valuation Investments 123

Barry Ritholtz

OCTOBER 2, 2024

 At The Money: Finding Overlooked Private Investments , with Soraya Darabi, TMV (October 02, 2024) We expect our investments to generate positive financial returns, but can they also have a positive societal effect? How does this affect VC investing? Can your capital make an impact? As it turns out, it depends where you look.

Investments 52

Investments Valuation Startups Concentration 52

Barry Ritholtz

AUGUST 1, 2023

Tech Concentration : Yes, a handful of giant tech stocks are driving market gains. But we won’t know how big a losing trade it might be until early 2024, when we see the updated valuations. Understand your investment horizon, be it minutes or decades. Never use someone else’s narrative to justify your investment behavior.

Forecasting 98

Forecasting Concentration Valuation Marketing 98

Musings on Markets

OCTOBER 4, 2021

In this post, I will look at the levers that drive Paytm's value, and you can make your judgments on where you think this offering will lead in terms of valuation and pricing. In 2018, it added a Paytm Money , for investment and wealth management, and in 2019, it launched a Paytm for Business app for merchants to track payments.

Valuation 96

Valuation Profit and Loss Numbers Investments 96

Global Finance

JUNE 9, 2025

Areas of concentration are determined in part by the lab’s “innovation radar,” a proprietary trend-indexing framework that systematically searches for potentially game-changing innovations. The lab has accelerated and/or invested in 86 startups since its inception.

Startups 52

Startups Banking Compliance Investments 52

PYMNTS

FEBRUARY 6, 2019

That fundraising activity brings the latest valuation of the firm to $10 billion. The money is concentrated, at least for now and at least in terms of where it is headed. Per research from Cento Ventures , Southeast Asia has been fertile ground for tech investments and that will continue in the current year.

Valuation 49

Valuation Concentration Investments Retail 49

PYMNTS

JANUARY 12, 2021

In today’s top payments news around the world, Checkout.com has brought its valuation to $15 billion after the closing of a $450 million Series C funding round, while Pakistan has debuted a government-run instant digital payment infrastructure. Checkout.com Closes $450 Million Series C For $15 Billion Valuation. Checkout.com, a U.K.

Valuation 54

Valuation Concentration Banking Planning 54

Musings on Markets

JANUARY 12, 2021

Thus, you and I can disagree about whether beta is a good measure of risk, but not on the principle that no matter what definition of risk you ultimately choose, riskier investments need higher hurdles than safer investments.

Valuation 52

Valuation Corporate Finance Finance Investments 52

PYMNTS

SEPTEMBER 14, 2016

Investments for 9-5-2016. In investing, whether across equities, private placements or venture capital activity, no one likes the term “anemic.”. But that may be the appropriate term — at least, in describing the latest documentation of fund flows through our Investment Tracker. A large manufacturer in the U.S.

Investments 74

Investments Concentration Valuation Technology 74

Future CFO

MARCH 23, 2023

This applies particularly when liquidity is tightening sharply and when unrealised valuation losses on asset holdings could be realised if a deposit run forced banks to sell assets, the credit rating agency said. However, it would aid asset quality and no meaningful effect on bank ratings is expected, the firm noted.

Banking 52

Banking Valuation Concentration Risk Management 52

Barry Ritholtz

SEPTEMBER 3, 2024

They are a publicly traded investment manager, stocks symbol DHIL, that have been public since day one since 2016. They do a number of things at Diamond Hill that many other investment shops don’t. And so I felt like all of those experiences just really led me to love investing. Brilliant is CEO of Diamond Hill.

Investments 58

Investments Valuation Concentration Marketing 58

Musings on Markets

JULY 17, 2023

If you have concerns on those fronts, your investing should reflect those worries, but your returns will be only as good as your macro forecasting abilities. A Time for Humility If t he greatest sin in investing is arrogance, markets exist to bring us back to earth and teach us humility. trillion in the first six months of 2023, 97.2%

Marketing 98

Marketing Treasury Currencies Valuation 98

PYMNTS

JANUARY 12, 2020

Sujith Narayanan and Sumit Gwalani, both co-founders of Google Pay India — formerly called Google Tez — said the seed funding brings the neo-bank startup epiFi to a valuation of roughly $50 million. They want insurance, lending, investment opportunities and multiple products,” said Narayanan, epiFi CEO. billion into startup lenders.

Concentration 40

Concentration Startups Valuation Financial Systems 40

PYMNTS

MARCH 31, 2016

The fact remains that venture capital firms are in the midst of raising money at a level not seen in a decade and a half, and yet, as The Wall Street Journal noted this week, the valuations of some of the highest fliers in the land of startups have started to move back toward earth, which brings to mind Icarus and the sun. With hesitation.

Valuation 40

Valuation Concentration Startups eCommerce 40

Barry Ritholtz

AUGUST 16, 2022

If you’re all interested in macro investing, trend following, commodities, currencies, fixed income, various types of quantitative strategies, and most important of all, risk management, you’re going to find this conversation to be absolutely fascinating. John was one of our managers that we had, you know, our clients invest in.

Profit and Loss 121

Profit and Loss Foreign Exchange Valuation Marketing 121

CFO News Room

DECEMBER 5, 2022

As a result, the ‘traditional’ valuation of an advisory firm wasn’t really 2X revenue; it was 6-8X profits, and when advisory firms can run 25% to 30% profit margins, 7X profits at 28% margins came out to almost exactly 2X revenue. (In When it comes to technology firms, revenue valuation multiples are often much higher.

Planning 130

Planning Technology Valuation Communication 130

Musings on Markets

DECEMBER 2, 2020

Setting the Table As with any valuation, the first step in valuing Airbnb is trying to understand its history and its business model, including how it has navigated the economic consequences of the COVID. While the US remains the largest market, geographically, Asia is the center of growth, with China leading the way.

Profit and Loss 52

Profit and Loss Valuation Numbers Marketing 52

Barry Ritholtz

FEBRUARY 6, 2024

I love finding these people who are just absolute rock stars within their space that most of the investing public probably is not familiar with, haven’t heard about them. Tremendous track record, unusual background comes from computer science and software and, and pivoted into quantitative investing. Really fascinating guy.

Valuation 52

Valuation Investments Finance Math 52

Barry Ritholtz

DECEMBER 19, 2023

And when they look at a sector, they want to be long, the very best stocks at the best valuations they can, and short the worst stocks at the worst valuations. I got an internship at a investment fund in Baltimore, and this was 2002 at the time. With no further ado my conversation with Woodline partners, Mike Rockefeller.

Healthcare 63

Healthcare Investments Construction Concentration 63

Musings on Markets

JANUARY 9, 2021

Put simply, I possess no exclusivity here, and staying consistent with my thesis, I don't expect to expect to make money by investing based upon this data. So, why bother? You would like those answers now, but stay tuned to the rest of my data updates and the data will speak for itself.)

Valuation 52

Valuation Currencies Numbers Corporate Finance 52

Barry Ritholtz

FEBRUARY 12, 2024

The performance at the fund flagged, which sort of set him back hunting for what was going wrong with his style of value investing. And he came to some really fascinating conclusions, which led him to change how they approached investing. Go look at the idea, go figure it out, tell me if we should invest in it.

Investments 116

Investments Marketing Numbers Entertainment 116

PYMNTS

AUGUST 13, 2018

Banks have invested time and money into creating their own virtual assistants to give consumers access to their bank account information via their mobile phones. That firm, GSR, previously invested $160 million in tZERO tokens during its ICO in June. On the heels of that news, Overstock’s shares spiked 20 percent. billion.

Banking 44

Banking Transportation Investments Accounting 44

Barry Ritholtz

DECEMBER 6, 2022

BARRY RITHOLTZ, HOST, MASTERS IN BUSINESS: This week on the podcast I have an extra special guest, Luis Berruga has a fascinating career as both a tech wizard and investment banker before becoming CEO of Global X ETFs. I remember telling myself, why would anyone invest in mutual funds when you can buy an ETF instead?

Investments 63

Investments Marketing Numbers Risk Management 63

Barry Ritholtz

AUGUST 15, 2023

Let’s talk a little bit about your alternative investments career. And so alongside of Wall Street recruiting in my senior year, I interviewed at the Yale Investments Office and was fortunate to get that job and violated the two principles I had at the time, which was I wanted to be in a training program and I wanted to leave New Haven.

Investments 52

Investments Benchmarking Marketing Treasury 52

Musings on Markets

SEPTEMBER 9, 2024

In parallel, I also noted that investors have to change the way they value and price companies, to reflect where they are in the life cycle, and how different investment philosophies lead you to concentrated picks in different phases of the life cycle.

Valuation 136

Valuation Construction Manufacturing Marketing 136

CFO News Room

JANUARY 17, 2023

Consequently, I will concentrate this post on how this crisis is playing out in markets, and the effects it has had, so far, on businesses and investments, and whether these effects are likely to be transient or permanent. Investment Implications: Asset Classes, Geographies and Companies. The Lead In. to 25% for the Eurozone.

Economics 130

Economics Valuation Treasury Forecasting 130

Musings on Markets

MARCH 19, 2022

Consequently, I will concentrate this post on how this crisis is playing out in markets, and the effects it has had, so far, on businesses and investments, and whether these effects are likely to be transient or permanent. to 25% for the Eurozone. lower than the traded value of 4766.

Economics 100

Economics Valuation Treasury Forecasting 100

Barry Ritholtz

AUGUST 20, 2024

Some of the things Mike said about investing, like what would you tell your friends and family to put your money into? We built a company that was focused on valuation, initially, actually targeting corporate strategic planning departments. But the reality is, is that we’re all massively under-invested, right?

Concentration 68

Concentration Marketing Valuation Investments 68

CFO News Room

NOVEMBER 5, 2022

From there, we have several articles on investment planning: While I Bonds have received significant attention during the past year, TIPS could be an attractive alternative for many client situations. While private valuations have soared in recent years, public markets continue to be less kind to RIAs. Enjoy the ‘light’ reading!

Mergers and Acquisitions (M&A) 130

Mergers and Acquisitions (M&A) Profit and Loss Investments Securities 130

PYMNTS

AUGUST 1, 2019

The round, which was led by General Atlantic, gives the San Francisco-based app a post-money valuation of $11.2 The popular mobile shopping app Wish has raised about $300 million in a Series H round, according to reports.

Valuation 46

Valuation Concentration eCommerce Retail 46