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VP Engineering Vs CTO
Fred Wilson – Oct 31, 2011
Last week on MBA Mondays I posted about the difference between CFO and VP Finance. In the comments to that post, I was asked about VP Eng vs CTO and I figured that had the makings of a good post [...] Read more
VP Finance vs CFO
Fred Wilson – Oct 24, 2011
Today on MBA Mondays we are going to talk about the financial leader in an organization. Sometimes this person is called the VP Finance and sometimes they are called the CFO. What is the difference? When will a VP Finance [...] Read more
Liquidation Analysis (Continued)
Fred Wilson – Oct 10, 2011
Last week I pointed out that when your company is sold at price points around or below prices where you have financed your company then your proceeds in a sale transaction will not equal your fully diluted ownership percentage times [...] Read more
Minimum Viable Personality
Fred Wilson – Sep 29, 2011
Today we have a special guest post. There have been a few guest posts here at AVC. Maybe a half dozen in total. One of my favorites was this one by JLM during the financial crisis of 2008/2009. But this [...] Read more
MBA Mondays: Cap Tables
Fred Wilson – Sep 26, 2011
Cap Tables (short for capitalization tables) are spreadsheets that show how much everyone owns of the company. You can get a stockholder ledger from your lawyer that will list all the stockholders and show how many shares or options they [...] Read more
Turntable
Fred Wilson – Sep 13, 2011
Sometimes you end up loving something you don't want to. When turntable.fm launched, I wanted to avoid it. There was the Facebook login button that I didn't want to use. There was another music service I didn't want to add [...] Read more
Determining Valuation Multiples
Fred Wilson – Sep 5, 2011
Last week on MBA Mondays, I talked about valuing an internet marketplace business. In that post, I talked about using 1x gross marketplace transactions and 20x EBITDA as multiples to determine value. In the comments, I was asked about multiples [...] Read more
Determining Valuation Multiples
Fred Wilson – Sep 5, 2011
Last week on MBA Mondays, I talked about valuing an internet marketplace business. In that post, I talked about using 1x gross marketplace transactions and 20x EBITDA as multiples to determine value. In the comments, I was asked about multiples [...] Read more
Financing Options: Working Capital Financing
Fred Wilson – Aug 22, 2011
We are coming to the end of the Financing Options series. This is the final post in the series. Today we are going to talk about working capital financing. For those of you not steeped in finance and accounting matters, [...] Read more