Brian DeChesare

JUNE 15, 2022

The debate about the front office, middle office, and back office in the finance industry is one of the sillier and more exhausting ones. If you look online, you’ll find many threads, articles, and blog posts saying that back office (BO) and middle office (MO) jobs are “the worst” and that if you end up there, your career is over.

Banking 98

Banking Treasury Start-ups Finance 98

Brian DeChesare

MARCH 13, 2024

Debt financing is much more common, and the GE firm is often the first institutional investor. Most of these firms started out doing early-stage VC deals and still invest across all company stages. The main risk factor in deals is executing the growth plan, not default risk due to debt (PE) or product/market risk (VC).

Equity 105

Equity Start-ups Marketability Banking 105

Brian DeChesare

APRIL 13, 2022

It seems like a simple strategy: buy a stock if you think it’s going up and sell or short a stock if you think it’s going down. 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?

Equity 98

Equity Start-ups Banking Marketability 98

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? If the stock price goes up or down by 10%, but the volatility stays the same, you might not earn or lose anything on the trade.

Banking 89

Banking Risk-free Rate Equity Start-ups 89

Audit Board

SEPTEMBER 21, 2023

Financial risk management is an especially sensitive and critical aspect of risk management for many companies, as it has to do with the safeguarding of the organization’s finances and the prevention of loss. Good financial risk management leads to cost savings, better decision-making, and improved returns.

Market Risk 52

Market Risk Start-ups Marketability Compliance 52

Equilest

JUNE 27, 2024

Preparing for the Valuation Process Gathering Financial Documents Before you start the valuation process, you need to gather all relevant financial documents. By comparing the company to industry benchmarks, you can see how it stacks up against its peers. This includes income statements, balance sheets, and cash flow statements.

Business Valuation 40

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

Musings on Markets

JANUARY 28, 2024

In this post, I look at risk, a central theme in finance and investing, but one that is surprisingly misunderstood and misconstrued. That said, and notwithstanding decades of research and debate on the topic, there are still wide differences in how risk is defined and measured. What is risk?

Risk Premium 122

Risk Premium Beta Start-ups Equity 122