✋ Stop Using Discounted Cash Flows for Business Valuation
The Rising Importance of the Great Art of Storytelling - Above the Crowd
Bill Gurleyabovethecrowd.comCash deals do better, on average, than deals funded with equity or a combination of cash and equity.36 The basic idea is that management of the buyer will finance a deal with cash if it thinks the stock of its company is undervalued and will use stock if it thinks it is overvalued. Cash deals also provide a higher payoff for the shareholders of the
... See moreDan Callahan • Capital Allocation
Understanding and valuing hybrid B2B businesses, however, is much more complex.