Equidam

APRIL 26, 2025

Valuation as a Process, Not Just a Number A common misconception is that startup valuation aims to pinpoint a single, definitive “right” number representing the company’s price. This incorporates the risk-free rate, a market risk premium specific to the company’s country, and Beta ($beta$).

Discounted Cash Flow 59

Discounted Cash Flow Terminal Value Book Value Beta 59

Brian DeChesare

AUGUST 31, 2022

But before delving into the best candidates for these roles, typical trades, careers, and more, let’s start with the basic definitions: What is a Convertible Arbitrage Hedge Fund? Convertible bonds are hybrid instruments with elements of debt and equity, and some groups that trade convertible bonds also combine elements of S&T and IB.

Banking 89

Banking Risk-free Rate Equity Start-ups 89

Reynolds Holding

MARCH 24, 2024

We did it in the 1960s when we first offered guidance on disclosure related to risk factors. [12] 12] We did so in the 1970s regarding disclosure related to environmental risks. [13] 14] We did it again in the 1990s when we required disclosure about executive stock compensation [15] and in 1997 regarding market risk. [16]

Marketability 45

Marketability Market Risk Compliance Start-ups 45

Equilest

JUNE 27, 2024

Business Valuation for Buying a Security Alarm Company Outline Introduction Importance of business valuation Overview of the article Understanding Business Valuation Definition and Purpose Key Elements of Valuation Why Buy a Security Alarm Company? Knowing the value of the company you're eyeing is essential for making a smart investment.

Business Valuation 40

Business Valuation Intangible Assets Discounted Cash Flow Asset-based Approach 40

Musings on Markets

FEBRUARY 10, 2021

There are multiple definitions that you will see offered, from it being the cost of raising capital for that business to an opportunity cost , i.e., a return that you can make investing elsewhere, to a required return for investors in that business. What is a hurdle rate for a business?

Risk-free Rate 52

Risk-free Rate Risk Premium Start-ups Equity 52

Reynolds Holding

APRIL 12, 2022

In addition to such historical information, though, investors want to assess potential risks. Risk, by its definition, often involves events that have not yet occurred. In 1964, the SEC started to offer guidance about disclosure of risk factors.

Start-ups 45

Start-ups Market Risk Marketability Technology 45

Reynolds Holding

AUGUST 9, 2023

Require these banking organizations to calculate their risk-based capital ratios under the existing standardized approach and expanded standardized approach (a “dual-stack” requirement), and use the lower (less favorable) ratio of the two. About 40 banking organizations currently are subject to the market risk capital requirement.

Banking 52

Banking Market Risk Marketability Finance 52

Musings on Markets

AUGUST 2, 2021

Bill Gurley’s critique of my narrow definitions of total market in my first Uber valuation significantly changed not only my valuation of that company, but has played a role in how I estimate total market size and value sharing economy companies.

Marketability 52

Marketability Start-ups Technology Market Risk 52

Brian DeChesare

APRIL 13, 2022

The basic idea is simpler than other hedge fund strategies , but it gets more complex when you think about the entire portfolio and risk management: What is Long/Short Equity? Probably 90% of hedge fund stock pitches use long/short equity or related strategies.

Equity 98

Equity Start-ups Banking Marketability 98

Equidam

APRIL 22, 2025

6] The valuation represents the market’s expectation of future performance, growth, and eventual returns. [1] 1] [4] It’s an exercise in assessing potential [6] , requiring investors to place bets on a future that is, by definition, uncertain. [14] This premium rises when perceived market risk increases. [27]

Discounted Cash Flow 52

Discounted Cash Flow Marketability Risk Premium Start-ups 52

Equidam

APRIL 22, 2025

10] , [23] , [2] Discount Rate: The rate used to discount future cash flows is typically the cost of equity, calculated via the Capital Asset Pricing Model (CAPM): Cost of Equity = Risk-Free Rate + Beta * Market Risk Premium. [23] 23] Risk-Free Rate: Tied to government bond yields (e.g.,

Discounted Cash Flow 64

Discounted Cash Flow Terminal Value Marketability EBITDA 64

Reynolds Holding

JANUARY 6, 2025

The draft guidance builds on the recommendations of the Glasgow Financial Alliance for Net Zero (GFANZ) and the Transition Plan Taskforce (TPT) and outlines a definition of a nature transition plan, as well as guidance on what disclosures should be included and how they should be presented.

Treasury 45

Treasury Finance Banking Marketability 45