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. We learned everything, you know, across from accounting to auditing to, to tax and valuation.

Concentration 52

Concentration Investments Benchmarking CFO 52

Barry Ritholtz

FEBRUARY 17, 2025

The transcript from this weeks, MiB: Christine Phillpotts, Ariel Investments , is below. Christine Philpots of Aerial Investments has specialized in emerging markets and frontier markets. For most of her career, she has been around the world and if you name a hotspot investing place, she’s been there. Christine Philpots.

Investments 57

Investments Economics Marketing Benchmarking 57

Global Finance

DECEMBER 27, 2024

High interest rates were an issue; steep borrowing costs and lower returns created valuation mismatches, ultimately reducing the size, scope, and appeal of private equity deals. Valuation gaps narrowed and more deals were completed, but it wasnt a full rebound to pre-slowdown levels. The leverage was quite challenging, Dermarkar notes.

Mergers and Acquisitions (M&A) 114

Mergers and Acquisitions (M&A) Valuation Investments Technology 114

Barry Ritholtz

FEBRUARY 4, 2025

So those things are not things that we can control, but they nevertheless turn out to be really important if you want to understand the risks associated with the investment that you’re doing. Not only from a commercial estate investing perspective, but it’s also important to get some understanding of how expensive is it.

Economics 101

Economics Finance Manufacturing Banking 101

Musings on Markets

FEBRUARY 6, 2025

Continuing a trend that has stretched over the last two decades, investors who tried to globally diversify in 2024 underperformed investors who stayed invested only in the United States. I am no expert on exchange rates, but learning to deal with different currencies in valuation is a prerequisite to valuing companies.

Currencies 69

Currencies Marketing Construction Treasury 69

Musings on Markets

MARCH 15, 2025

As businesses have globalized, consumers and investors have had no choice but to follow, and the things we buy (from food to furniture) and the companies that we invest in all reflecting these global influences. Many of these hiring firms have supply chains that stretch across the world and sell their products and services in foreign markets.

Investments 132

Investments Profit and Loss Valuation Economics 132

Barry Ritholtz

MAY 27, 2025

You, you go to business school, you didn’t know what an investment banker was. The predecessor of one of the companies, and I don’t remember if this was all ball past something else, was Pavilion, a French manufacturer of 00:07:53 [Speaker Changed] Pave Jer Pavier. We built a manufacturing business. The election day.

Mergers and Acquisitions (M&A) 52

Mergers and Acquisitions (M&A) Investments Entertainment Numbers 52

Barry Ritholtz

MAY 20, 2025

And the firm is really a very interesting mix of quantitative value-based and factor-based investing. People ask how does that relate to investing? How did that background help when it comes to modeling portfolios or applying those methods of statistical analysis to investing? It’s really none and all of the above.

Mergers and Acquisitions (M&A) 52

Mergers and Acquisitions (M&A) Investments Transportation Numbers 52

Musings on Markets

AUGUST 19, 2024

In fact, the business life cycle has become an integral part of the corporate finance, valuation and investing classes that I teach, and in many of the posts that I have written on this blog. Tech companies age in dog years, and the consequences for how we manage, value and invest in them are profound.

Corporate Finance 123

Corporate Finance Valuation Investments Finance 123

CFO News Room

FEBRUARY 3, 2023

I wrote about my most recent valuation of Tesla just over a week ago , and as has always been the case when I value this company, I have heard from both sides of the Tesla divide. Based at least on the reactions, I have realized that some may be misreading my story and valuation, ore reacting just to a picture in a tweet.

Valuation 130

Valuation Investments Forecasting Numbers 130

Musings on Markets

NOVEMBER 9, 2021

If you are interested, you can see my valuations from 2014 , 2016 and 2017. The second is on investment and capital intensity , where it has managed to take what critics pointed to as weaknesses (unwillingness to build large and expensive assembly plants ahead of time, to meet future demand) and made them into strengths.

Valuation 101

Valuation Profit and Loss Manufacturing Investments 101

Michigan CFO

DECEMBER 28, 2022

Manufacturing business valuation is an important process that defines the value of a given manufacturing company. Having an accurate idea of that value is essential for ownership, partners, and third parties to make appropriate decisions about financing, investing in, and buying or selling a manufacturing business.

Valuation 52

Valuation Manufacturing CFO Finance 52

Musings on Markets

FEBRUARY 2, 2023

I wrote about my most recent valuation of Tesla just over a week ago , and as has always been the case when I value this company, I have heard from both sides of the Tesla divide. Based at least on the reactions, I have realized that some may be misreading my story and valuation, ore reacting just to a picture in a tweet.

Valuation 99

Valuation Investments Forecasting Numbers 99

VCFO

MARCH 17, 2023

How Attention to Inventory Can Make or Break Manufacturers A major factor in determining the success of a manufacturer is how well it manages its inventory. When manufacturers have too little inventory, they can’t fully meet customer demands and lose out on revenue as a result. A benchmark exercise can also provide insight here.

Manufacturing 70

Manufacturing Forecasting Profit and Loss Benchmarking 70

Nerd's Eye View

OCTOBER 4, 2023

manufacturing sector, by the measures of employment and service prices, has been in a recession for nearly 12 months. The expectations for the future economic outlook also appear in the valuations of equities, which tend to reflect how markets anticipate that corporate earnings will grow in the future. And even though U.S.

Valuation 98

Valuation Economics Marketing Manufacturing 98

CFO News Room

JANUARY 27, 2023

Another is that when valuing companies, I am, in addition to valuing a company to see if it is fairly priced, interested into the broader insights about business and valuation that emerge from the company. per share in 2022. Growth potential : I underestimated the company’s capacity to grow, by limiting its product reach.

Valuation 130

Valuation Investments Manufacturing Marketing 130

PYMNTS

JULY 23, 2019

The Series D funding round tips Bird’s valuation above the $2.3 billion where it was pegged last year, double the startup’s previous valuation, three people with knowledge of the deal told reporters on Monday (July 22). The Santa Monica-based eScooter rental service Bird is being valued at $2.5

Valuation 58

Valuation Startups Manufacturing Economics 58

CFO News Room

NOVEMBER 11, 2022

In my last post, I used Facebook’s recent troubles to talk about the importance of corporate governance, and how we, as investors, have abandoned the power to change management at many younger tech companies in return for being able to invest in young tech companies, with growth potential and well-regarded founders.

Accounting 130

Accounting Marketing Advertising Valuation 130

Musings on Markets

FEBRUARY 8, 2024

That bias notwithstanding, these seven companies have been extraordinary investments, not just in 2023, but over the last decade, and there are lessons that we can learn from looking at the past. I agree, but I remain a believer that intrinsic valuation is the only tool that you have for assessing whether g.

Marketing 141

Marketing Valuation Profit and Loss Advertising 141

Creative CFP

MARCH 5, 2021

Birkenstocks are adored for their arch support and hipster appeal – hardly the purview of high-finance – but at least two private equity firms expressed an interest in buying the sandal manufacturer, which was valued at between € 4–4.5 A valuation may be required for periodic reporting (i.e. How do we value a business?

Valuation 52

Valuation Forecasting CFO Construction 52

Musings on Markets

JANUARY 26, 2023

Another is that when valuing companies, I am, in addition to valuing a company to see if it is fairly priced, interested into the broader insights about business and valuation that emerge from the company. per share in 2022. Growth potential : I underestimated the company's capacity to grow, by limiting its product reach.

Valuation 99

Valuation Investments Manufacturing Marketing 99

Creative CFP

MARCH 5, 2021

Birkenstocks are adored for their arch support and hipster appeal – hardly the purview of high-finance – but at least two private equity firms expressed an interest in buying the sandal manufacturer, which was valued at between € 4–4.5 A valuation may be required for periodic reporting (i.e.

Valuation 52

Valuation Forecasting CFO Construction 52

Musings on Markets

OCTOBER 6, 2023

The Value of Intangible Assets Accounting has historically done a poor job dealing with intangible assets, and as the economy has transitioned away from a manufacturing-dominated twentieth century to the technology and services focused economy of the twenty first century, that failure has become more apparent.

Valuation 128

Valuation Profit and Loss Accounting Investments 128

PYMNTS

SEPTEMBER 22, 2020

Led by Permira, the London-based global investment firm, the investment values the startup at $1.5 At that valuation, Mirakl qualifies as a unicorn, the term used to describe a startup worth more than $1 billion. Mirakl provides online marketplace software to manufacturers, wholesalers and retailers, including Kroger Co.,

Manufacturing 88

Manufacturing Construction eCommerce Startups 88

PYMNTS

JULY 9, 2018

In the land of startups, and valuations of startups, it’s all about the Benjamins. Reports noted that the investment activity takes the valuation to $1.8 Speed is key in some verticals, such as financial services and manufacturing. And the bots. And the Benjamins that can be made from bots…. The 15-Year-Old Startup.

Valuation 46

Valuation Startups Invoicing Manufacturing 46

CFO News Room

FEBRUARY 3, 2022

Wynn Resorts — The casino and resort stock fell nearly 1% following a New York Post report that Wynn is looking to divest its online sports-betting unit for $500 million, a significant discount to the $3 billion valuation that has been floated in the past year. General Motors — The auto manufacturer saw shares slide 1.2%

Valuation 100

Valuation Manufacturing Investments Planning 100

PYMNTS

MARCH 27, 2019

Mobvoi was Google’s first direct China investment following the exit of its search engine from the country in 2010. Mobvoi, a China-based artificial intelligence (AI) startup, has almost secured funding to value the company at upwards of $1 billion before an initial public offering, according to a report by Bloomberg.

Startups 60

Startups Valuation Manufacturing Securities 60

Musings on Markets

SEPTEMBER 5, 2024

While it is just one quarter, there are clear signs of more slowing to come, as scaling will continue to push revenue growth down, the unit economics will be pressured as chip manufacturers (TSMC) push for a larger slice and operating margins will decrease, as competition increases.

Marketing 135

Marketing Valuation Profit and Loss Forecasting 135

Nerd's Eye View

APRIL 3, 2024

As has been the case for the past several quarters, the prevailing characteristic of the economy is one of bifurcation, with interest rate-sensitive sectors remaining in a recession (as evidenced by the manufacturing sector's 16-month-long contraction), while the services sector (which accounts for nearly 80% of U.S. GDP) continues to expand.

Economics 97

Economics Marketing Valuation Profit and Loss 97

PYMNTS

NOVEMBER 12, 2019

The new investments put Guangzhou-headquartered XPeng at a valuation of almost $4 billion, the sources told Reuters. The previous funding round put the company’s valuation at $3.57 12), citing sources. The crowded Chinese EV space has startups competing for funds and attention amid government cuts to subsidies.

Valuation 43

Valuation Startups Transportation Manufacturing 43

PYMNTS

DECEMBER 30, 2020

The B2B eCommerce space saw some of the biggest investments of the year for B2B FinTechs, a testament to investors' confidence in the evolution of the market. Only days ago, startup Spryker secured $130 million for its B2B eCommerce technology, while Mirakl landed $300 million in September, pumping the firm's valuation up to $1.5

B2B 121

B2B eCommerce Finance Sales 121

Global Finance

JUNE 18, 2024

Hyundai’s IPO is being managed by investment banks Kotak Securities, JP Morgan, Morgan Stanley and HSBC. This includes the IPO of OYO, India’s most successful hospitality startup that is looking to raise $1 billion and Ola Electric, another venture backed start up manufacturing electric scooters, looking to raise approximately $600 million.

Marketing 105

Marketing Valuation Retail Securities 105

Musings on Markets

NOVEMBER 10, 2022

In my last post, I used Facebook's recent troubles to talk about the importance of corporate governance, and how we, as investors, have abandoned the power to change management at many younger tech companies in return for being able to invest in young tech companies, with growth potential and well-regarded founders.

Accounting 98

Accounting Advertising Valuation Investments 98

Future CFO

NOVEMBER 6, 2022

When it comes to venture capital investments in Asia, the top 10 deals were secured among China and Indonesia, said KPMG recently. After falling to a low level not seen since the first quarter in 2017, venture capital investment in China rose slightly in the third quarter this year. Report highlights.

Investments 52

Investments Manufacturing Healthcare Valuation 52

PYMNTS

JUNE 1, 2018

The big news came care of GM and SoftBank, in the form of a massive investment on SoftBank’s part in GM’s self-driving automotive ambitions. billion in investment dollars into GM’s self-driving unit, Cruise. On top of the new funds it has just announced, GM further plans to invest $1.1 billion in Cruise.

Valuation 40

Valuation Investments Planning Manufacturing 40

PYMNTS

MAY 31, 2018

SoftBank is gearing up to invest $2.25 Reuters , citing the companies, reported that the investment is coming from the SoftBank’s $100 billion Vision Fund. Reuters noted it’s one of the fund’s biggest investments in self-driving technology. Cruise, as a result of the investment, has an $11.5

Investments 40

Investments Valuation Manufacturing Securities 40

Global Finance

JUNE 10, 2024

If banks are more solid today, private lending remains subdued, with limited demand in a climate of low private investment. “We Firms have postponed investment decisions,” says Francisco Quintana, director of investment strategy at ING in Madrid, and lower rates could prompt them to make their move in the coming months.

Mergers and Acquisitions (M&A) 102

Mergers and Acquisitions (M&A) Restructuring Economics Investments 102