Peak Frameworks

JUNE 7, 2023

Net Income - It's the starting point for calculating CFO, but it's based on accrual accounting. Because it's based on actual cash generated rather than accrual accounting, which recognizes revenue and expenses when incurred, not necessarily when cash changes hands. For instance, in 2020, IBM reported solid net income.

Financial Analysis 52

Financial Analysis Discounted Cash Flow DCF Finance 52

Mergers and Inquisitions

MARCH 13, 2024

There’s usually a long list of previous VC investors as well. Debt financing is much more common, and the GE firm is often the first institutional investor. Financial Modeling: Like private equity, 3-statement models are common, as are valuations and DCF models , but LBO models are less common since not all deals use debt.

Private Equity 105

Private Equity Equities Capital Portfolio 105

Software Equity Group

FEBRUARY 26, 2024

DCF: Discounted Cash Flow Estimates a company’s value and forecasts future cash flow by incorporating the time value of money. DCF is used when making investment decisions and understanding a business’s current and future value. FCF is the cash available on hand to pay investors and creditors.

Discounted Cash Flow 52

Discounted Cash Flow M&A Profitability S&P 52

Mergers and Inquisitions

DECEMBER 6, 2023

Multi-manager hedge funds promise investors solid risk-adjusted returns with low volatility; no matter what the broader market does, you’ll make money if you invest in them. At a multi-manager, however, you’ll spend more time analyzing the catalysts , evaluating investor sentiment , and poring through data and analytics.

Funds 104

Funds Management Recruitment Portfolio 104

Devensoft

AUGUST 22, 2023

Are you a business leader eyeing expansion through acquisitions or an investor weighing potential mergers? As opposed to merely focusing on the market capitalization, which only accounts for the company’s equity value, the Enterprise Value Calculator considers the company’s debt, cash, and other financial liabilities.

M&A 52

M&A Valuation Utilities Mergers and Acquisitions 52

Mergers and Inquisitions

APRIL 19, 2023

Valuation , such as the different multiples used for mining companies and the NAV model in place of the DCF (see below). All mining companies care about their production and reserves and always want to convince investors that they can grow them over time. What Do You Do as an Analyst or Associate in the Group?

Investment Banking 52

Investment Banking Banking Bank Investment 52

Mergers and Inquisitions

SEPTEMBER 20, 2023

Technical Questions – You could get standard questions about accounting and valuation or VC-specific questions about cap tables, key metrics in your industry, or how to value startups. Although there have been many high-profile funding rounds lately, I don’t think most of these companies will have good outcomes for investors.

Capital 59

Capital Valuation Investment Portfolio 59

Mergers and Inquisitions

NOVEMBER 1, 2023

Healthcare Private Equity Definition : A healthcare private equity firm raises capital from outside investors (Limited Partners), acquires companies in the healthcare services, devices, and healthcare IT segments, and aims to grow these firms and sell their stakes within 3 – 7 years to realize a return on their investments.

Private Equity 59

Private Equity Healthcare Equities Middle Market 59

Mergers and Inquisitions

JULY 19, 2023

Why would investors pay high fees for what is effectively a mutual fund?” Think: a deep review of companies’ financial statements, 3-statement models , and DCF-based valuations. They might ask less detailed accounting/valuation questions, but they could go outside finance and ask you about economics, trade policy, or regulation.

Funds 52

Funds Asset Management Management Equities 52

Mergers and Inquisitions

JANUARY 22, 2025

Investment Banking Definition: Investment bankers advise companies on mergers, acquisitions, and debt and equity deals and earn fees for closed deals; equity research professionals follow public companies, issue buy/sell/hold recommendations, interface between management teams and investors, and earn money from selling their research.

Investment Banking 64

Investment Banking Equities Banking Bank 64

Mergers and Inquisitions

NOVEMBER 20, 2024

A: Cap tables are still important, but less so than in VC because growth equity firms are later-stage investors in companies, which means they invest closer to the eventual exit. Therefore, they’re less likely to be significantly diluted or “outranked” between their investment and the exit (unlike Seed or Series A investors).

Private Equity 59

Private Equity Equities Capital Valuation 59

Mergers and Inquisitions

MARCH 5, 2025

Two examples include Vestal Point (led by a former Point72 Portfolio Manager ) and Cutter Capital (former Citadel investors). Technical questions will focus on accounting, valuation, and biotech-specific industry differences, such as how to estimate a drugs potential market size or research & development costs.

Funds 64

Funds Healthcare Mergers and Acquisitions Valuation 64