nongaap

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by nongaap 2y ago
Fun fact: I consider myself a pretty bad writer and initially started the newsletter to try and get better at it. The results have been mixed on that front so apologies if you got confused by the "purple prose". I'm trying. A
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by nongaap 2y ago
Hi, author of "GP Hallucination" here. I think the linked interpretation is very, very reasonable and it's a big reason why I tried to deemphasize all the "stuff" you've highlighted in my piece. I think most of
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Shopify: A StarCraft Inspired Business Strategy(nongaap.substack.com)
114 points by nongaap 7y ago|22 comments
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by nongaap 10y ago
The finance report wouldn't have shown individual transactions but the financial controls required to properly put together those annual filings would have caught unusual activity (at the very least dis-incentivized prolonged mismanage
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by nongaap 10y ago
Having seen first hand a similar situation unfold, the most heartbreaking feeling is finding out a friend broke your trust. That said, you really can't fix the issues and protect friends at the same time. Things have to be cleaned up a
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by nongaap 10y ago
Transparency is very much part of the non-profit system. Non-Profits have to annually file an IRS Form 990 (it's like an annual report) which discloses finances and are required to have them available for public inspection during busin
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How Business Model Impacts Valuation and Strategy(nongaap.com)
1 points by nongaap 11y ago|0 comments
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Value a Business Using Market Size: Airbnb Case Study(nongaap.com)
1 points by nongaap 11y ago|0 comments
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Revenue Multiple Demystified. Understand what it implies(nongaap.com)
2 points by nongaap 11y ago|0 comments
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After decades of defeat Caltech finds formula for winning in conference(si.com)
1 points by nongaap 11y ago|0 comments
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by nongaap 11y ago
Based on my experiences (formerly did activist investing for 8+ years) there's a lot more pragmatism for all parties involved. Activist don't just suddenly show up and get board seats. There's usually an ongoing issue/de