Mergers and Inquisitions
AUGUST 14, 2024
Most AI Startups Are Service Businesses, Not Software Businesses You might be surprised to learn that Accenture has generated $3.6 billion in annualized Generative AI bookings vs. OpenAI’s annualized recurring revenue of $3.4 But if you understand how Large Language Models (LLMs) work, this is not surprising.
Mergers and Inquisitions
SEPTEMBER 11, 2024
For example, if a renewable developer wanted to raise debt to build a new offshore wind farm as a separate entity, it would fall under Project Finance. Finally, services companies are like other professional services companies but have different macro drivers (see above).
Beyond M&A
SEPTEMBER 5, 2023
Initial Objectives Our overall objective was to create a new business that disrupted, building a software-driven Professional Services firm. My focus was on building a trustworthy team and a positive work culture. Simplicity fosters understanding, builds trust, and, in many ways, is the cornerstone of sustainable success.
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