thomas93

3 ms·

1. 1.▲
   by thomas93 7y ago

   Can you expand on what the implication of your comment is? Book value on the balance sheet is ~$474 million, but that doesn't seem particularly meaningful in a valuation context for the business (especially considering the ~$1,123 mill
2. 2.▲
   by thomas93 7y ago

   I agree with this. Almost all LBOs are cash transactions financed with debt.
3. 3.▲
   by thomas93 8y ago

   While this might be true, I think a more reasonable skill to acquire would be a better grasp of financial literacy. People spend an incredible amount of time accumulating capital, but many spend hardly any time learning to properly manage i
4. 4.▲
   by thomas93 8y ago

   Out of curiosity, what steps did you take for improving your German?
5. 5.▲
   by thomas93 8y ago

   Only if you assume that the market was not already aware of this and therefore has not already priced it in. Companies are (at least theoretically) valued based on their future potential. Just because "real value" of user profiles
6. 6.▲
   by thomas93 8y ago

   This actually happened in real life to Steve Cohen (the person Axelrod's character is loosely based on). After being banned from managing outside capital, SAC Capital Advisors transitioned to being a family office called Point72. Only
7. 7.▲
   by thomas93 8y ago

   I believe they do - 'This January, after Squatty Potty LLC hit $33m in annual revenues, the business channel CNBC, which helped bring the footstool to fame through its US version of Dragon’s Den, hailed the device as a “cult juggernaut