Remove Accountant Remove DCF Remove Events
article thumbnail

The 11 Concepts And Ideas I Learned From Interviewing ChatGPT On How To Buy A Business.

How2Exit

When considering buying an existing business, it is important to take into account the size of the business. However, it is important to take into account the size of the business and to understand the process of buying an existing business. Finally, experienced employees can provide valuable insight and knowledge to the business.

Business 130
article thumbnail

Equity Research vs. Investment Banking: Careers, Compensation, Exits, and AI/Automation Risk

Mergers and Inquisitions

In equity research, the goal is to get clients to pay for the teams research consistently , but revenue does not depend on deals or other specific events. Also, interviewers could go into more depth on accounting and valuation and ask about nuances that many bankers skip or dont fully understand (e.g.,

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

10-17-2023 Newsletter: How Much Money Should You Have Saved by 30?

OfficeHours

you get laid off or some other event happens resulting in a decrease in income). I like to take advantage of whatever employer-sponsored account is provided to me (HSA, FSA) to cover some of these types of expenses. If you do, you may be able to afford to have less in your emergency fund in case something goes wrong (i.e.

article thumbnail

How to Get an Investment Banking Internship

Mergers and Inquisitions

To accomplish that, I recommend the following timeline: How to Get an Investment Banking Internship , Step 1: Your First Year in University You don’t necessarily need to pick your major at this stage, but I would recommend finance/accounting or something that will be useful for a wide range of jobs.

article thumbnail

Keeping Up with Delaware Appraisal Jurisprudence Since Aruba: Deal Price Reigns Supreme, But Will Recent Decision Lead to More Arbitrage?

Cooley M&A

In analyzing synergies, the court clarified that the deal price would be reduced for buyer’s expected synergies , even if those synergies were not ultimately achieved (so long as they were accounted for in the price).

article thumbnail

Long-Only Hedge Funds: A Cozy Career, or a Complete Contradiction?

Mergers and Inquisitions

Investment Style – Long/short strategies depend more on timing and getting individual quarters and events right, while long-only strategies often use longer holding periods and require deeper dives into companies. Think: a deep review of companies’ financial statements, 3-statement models , and DCF-based valuations.

Funds 52
article thumbnail

Biotech Hedge Funds: A Match Made in Heaven

Mergers and Inquisitions

Its more of an industry focus at the intersection of several other strategies , such as long/short equity , event-driven investing , and even merger arbitrage. Stick to straightforward companies with 1 2 main products and aim for simple DCF models that take no more than ~100 rows in Excel. also find their way into the industry.

Funds 64