Building on the startup-oriented tools that Rick has published on his startup law website, we’ve created a simplified valuation framework for you. We’ve extracted this tool from financial models and valuations we’ve built for clients over the years. The multiples have to be adjusted for a specific business and market, but the current values are…
Read MoreA recent Forbes article describes the alternative fee problem, how to reasonably price legal fees using something other than an hourly basis, as a potential application of big data analysis. Conveniently, we said this over three years ago in describing the data needed to create alternative fee structures. Some corporate clients have enough legal liability…
Read MoreFred Wilson of Union Square Ventures has a recent short post on two kinds of people: takers and makers. Takers make their money by taking from others. They are usually bad business people and their careers often end in failure. Makers build things. They create value for society, their employees, their shareholders, and themselves. This…
Read MoreThis finance link post from the team at 37Signals briefly compares Apple’s share of the mobile phone market (apparently by volume) with its share of the profits in that market: Market share is irrelevant if you can’t turn it into a dominant profit share. That’s their quote. Here’s ours: “it’s all about revenue” #famouslastwords There…
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