Negotiating a funding round is difficult and you can easily lose the entire thing if you don’t know what you are doing. Rumor has it that you should get a good lawyer to help you. But truth is, no lawyer can do the negotiation part for you. So let’s get […]

Naively inspired by the recent show on „Billions“ and seeing the word USP dropped in the investment case of a candy manufacturer, I was asking myself: what did I miss here? My first notion on taking factor models, various risk premia and betas into consideration didn’t make any sense to […]

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