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The Relationship Between Startups And VCs

The Horizons Tracker

revenues, net income, or EBITDA).” First, earnout contracts require the VC to monitor the startup’s operations after the M&A transaction and verify the earnout consideration. Earnouts are “an arrangement where part of the merger consideration is made contingent on a future event (e.g.,

EBITDA 106
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Close to 2,500 Carvana Employees Get Laid Off Over Zoom

HR Digest

The layoffs will mainly be for Carvana employees in operational groups as the company seeks to “better align staffing and expense levels with sales volumes.”. Apart from Carvana employees layoffs, the company will also be taking other measures to streamline its operational activities. Carvana Employees Layoffs.

EBITDA 52
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How to Improve Your Finance Skills (Even If You Hate Numbers)

Harvard Business Review

If you’re not a numbers person, finance is daunting. But having a grasp of terms like EBITDA and net present value are important no matter where you sit on the org chart. Stop avoiding finance because you’re afraid of numbers. Think of it this way, “Finance is the way businesses keep score.

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The INs and OUTs of Business Literacy

HR Digest

An effective financial literacy program should clear concepts of finance and accounting in simple terms with examples that are relevant to the organization’s day-to-day operations. Joe Knight is widely considered as one of the world’s most influential finance and business literacy leaders. First, share the numbers.

Finance 63
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Shape Strategy With Simple Rules, Not Complex Frameworks

Harvard Business Review

Employees frequently attribute breakdowns to incompetence or bad faith on the part of colleagues in other departments: "Those bozos in headquarters [or finance or marketing] screw everything up." Within three years, ALL's Brazilian rail operations had increased revenues by 50% and tripled EBITDA.

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The Secrets to TripAdvisor's Impressive Scale

Harvard Business Review

and EBITDA margins are 47%. The chart below shows their financial performance over the last few years, with forecasted 2012 revenue of $767M and EBITDA of $339M. market cap is 6x revenue and 13x EBITDA, so not insane multiples on a comparable basis. As a result, gross margins are very high at 98% (not a typo!) Think about that.

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