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Upgrade acquires travel-focused BNPL startup Uplift for a song

TechCrunch: M&A

In a conversation with TechCrunch, Renaud Laplanche, Upgrade’s CEO and a co-founder, said that Uplift initially reached out in May to inquire whether Upgrade would be interested in participating in Uplift’s Series D financing as a strategic investor. finance to finance). .” finance to finance).

Finance 244
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Raising finance: Convertible loan notes explained

Growth Business

By Dom Walbanke on Growth Business - Your gateway to entrepreneurial success Convertible loan notes (CLNs) are a popular way for start-ups to raise finance with investors – especially for startups without proven revenue streams. If this market value has risen over time then an investor will generally want to convert his loan into shares.

Finance 59
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Q1 Reflections: Passive Candidates, Timelines & More

H. Friedman Search

With the advent of Chat GPT – I am making this disclaimer: these are the thoughts and words of Harlan Friedman, and they only reflect what I as a Senior Recruiter in the space of public finance have seen over the first ninety-odd days of 2023. This is especially true for junior public finance professionals. The good news?

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Is Private Equity Right for You?

OfficeHours

Private equity involves investing capital directly into private businesses that are not publicly traded on stock exchanges (that would be a hedge fund). The good news is that there are many transferable skills from investment banking (and other non-traditional finance roles) to private equity. Actual fund structures can vary.

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08-20-2023 Newsletter: Sunday Reading

OfficeHours

Private equity involves investing capital directly into private businesses that are not publicly traded on stock exchanges (that would be a hedge fund). The good news is that there are many transferable skills from investment banking (and other non-traditional finance roles) to private equity. Actual fund structures can vary.

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How Private Equity uses ‘Roll-up’ Strategies to Drive Investment Returns

OfficeHours

As one example, BrightView, now a publicly-traded company, developed as a roll-up of smaller landscaping businesses and has been owned at various times in the past by private equity firms including KKR, MDS, and Leonard Green, among others. To illustrate this point, let us consider the landscaping industry.

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Post 3 - Why does the conventional DCF not work for valuing a start-up/young firm?

Wizenius

Diversity in equity claims: In most of the cases of publicly traded firms with one class of shares, all equity claims on the firm are equivalent.

DCF 52