Value Scope

DECEMBER 1, 2023

billion in 2016 by Liberty Media. billion of annual revenue and $560 million of EBITDA. It’s current market capitalization is approximately $15 billion. Formula One Group, founded in 1950, was purchased for $4.4 It operates as subsidiary of Liberty under the Nasdaq ticker FWON.K. The subsidiary reports $2.8

Start-ups 130

Start-ups EBITDA Business Valuation Market Capitalization 130

Reynolds Holding

FEBRUARY 21, 2023

companies from 2004 to 2016, we identify 1,623 activist directors appointed to boards through proxy fights or settlements. Notably, we find that activist-affiliated directors have a particularly strong association with higher payouts, with a coefficient equal to nearly 15 percent of EBITDA, as well as lower R&D spending.

Dividends 56

Dividends Marketability EBITDA Market Capitalization 56

Musings on Markets

DECEMBER 2, 2020

In subsequent years, the company grew, with multiple rounds of funding from venture capital. Along the way, investors in the company rapidly escalated their pricing of the company from $1 billion in 2011 to $10 billion in 2014 to more than $30 billion in 2016.

Start-ups 52

Start-ups Marketability Equity Market Capitalization 52

Musings on Markets

FEBRUARY 4, 2023

Given the historical roots of the biggest Indian family groups, the Adani Group has been a recent entrant, not making the top ten list (in terms of either operating metrics like revenues or market-based numbers like market capitalization or enterprise value) as recently as ten years ago, and barely making the top ten list five or six years ago.

Start-ups 100

Start-ups Market Capitalization Equity Marketability 100