Juan Orbea

Should SaaS companies trade at a 24x Enterprise Value (EV) to Next Twelve Month (NTM) Revenue multiple as they did in November 2021? Probably not and we think 10x (May 2022) seems more in line with the historical trend.

In September 2022, Canva announced the launch of their Visual worksuite. In their announcement, Canva described the product as "[elevating] Canva from the graphic design tool you know and love into an end-to-end visual communication platform that every person, organization, team, or school can use to unlock their creativity and achieve their... See more

If something dire is happening at your company, then that’s the place to be engaged. Nothing else will matter if it doesn’t get addressed.

The power of large numbers is significant. If you earned $1,000 a day every day, it would take 1,000 days (or just under 3 years) to earn $1M. But it would take 1,000,000 days to earn $1B (over 2,700 years). 

To appreciate the nature and significance of the coming “singularity,” it is important to ponder the nature of exponential growth. By the end of the first half of the chess board, the inventor had accumulated one large field’s worth (4 billion grains), and the emperor did start to take notice. Incidentally, with regard to the doublings of... See more

Technology has always been a double edged sword, bringing us longer and healthier life spans, freedom from physical and mental drudgery, and many new creative possibilities on the one hand, while introducing new and salient dangers on the other. However, the means and knowledge will soon exist in a routine college bioengineering lab (and already... See more