Business Plans don’t matter?
Wow! According to a NY Times report, a recent study at the University of Maryland found that business plans really don't matter! Their study found that VC's pay little attention…
Cut Costs or Invest in Growth?
The Wall St. Journal reports today on growing tension at venture-backed companies over whether to save money to reduce risk or invest to take advantage of new opportunities. You can…
Shareholder Value is a Result NOT a Strategy!
Jack Welch couldn't have said it better in an interview for the Financial Times. For all the talk in the media about shareholder value, it's a good time to remember…
Warren? Can you sit on my Board?
Warren Buffet's Chairman's letter in the annual report of Berkshire Hathaway is always a good read and offers a glimpse into the mind of America's investment éminence grise. It has…
Valuation Concepts: A Diagram
In my recent article in the North Bay Business Journal, I referred to a downloadable copy of a full-color diagram of key Valuation Concepts. You can find it here. You…