Agree! Nick and Jess are straight quality. Tbh, while I wish DataTrek growth and success, I kinda like the "local (quality, not quantity) coffee shop" vibe vs 50k chaotic noisy spammy bot comments of other more mainstream channels. Nevertheless, more of these Nick & Jess, pls🙏🏻 Cheers
It is a fascinating case study but it has a glaring hole: did the public market over pay for Gibson Greeting Cards? If not then why did RCA value it so low. There is only value to unlock in this case by tapping the difference between what an owner-operator would pay for a business and what capital markets will bid shares up to. In this case the private equity guys reckoned that doing an IPO with all of the attendant sales and road show marketing would net them more than trying to grow the business. They were correct about that. But it all hinges on equity investors not being all that discerning. This is the downside of private equity LBOs. They are really just looking for the next buyer.
If this class was conducted at MIT Media Lab or Stanford those students would be looking to leverage the data they were collecting on their customers to sell new products or subscription models. The use of electric media would certainly be the media used rather than paper cards. This episode was pure signal and no noise. Excellent.
Fascinating and Topic A today in finance. Our son's venture stage company, and likely all venture stage companies today, ask themselves questions about paths to liquidity events, timing of the events, delaying the events in favor of remaining private longer, growth by organic vs acquisitive (or both) means, et cetera. Comparing that decision space with that my generation--now retired--faced in Silicon Valley leaves me fascinated, in constant conversations with our son, and honestly, a bit dizzy. Thanks Nick; appreciate you.
Thank you for watching! We cover VC funding trends closely. We see that market as a “free lunch” for public equity investors. VCs find and fund thousands of disruptive businesses, most of which either fold or generate weak returns. A few, however, eventually go public, mature into large public companies, and help drive long-run equity returns. Best of luck to your son!
Nick thank you for this excellent question : "What is my goal ?" I ask myself that question before investing and often decide not to invest in the stock at hand. I really appreciate your videos and keep your advice as daily reminders of how to behave before investing.
Excellent reminder that there are two ways to manage to increase shareholder value. Financial leverage and business leverage. Find companies who do both. 🖖🏻
Nick, I absolutely love the content you and Jessica put out and am a subscriber to datatrek, but please look into getting a different microphone or some type of Gate for your mic (lots of simple programs will block out non speaking noise), hearing all the background noise and your in breathing makes it kind of hard to listen to sometimes, but I power on because the content is so good. Just honest feedback from a big fan of the channel, thanks for all you guys do!
good work Nick I have observed cases study in real world has not worked well at all , if you gauge how MBAs come in to the workplace ,,, ive worked w Chicago and Stanford students much diferent experience as a practicing CEO
Hi Nick and Jessica, great contents as always and thank you for taking the time to educate us. May I suggest a topic for a future video: Investors are bombarded by charts and numbers on a daily basis. What are some of the high-level ways to help us (amateur investors) recognize noise from the truly important data? Thanks!
I started intentionally investing with my own money (outside of the 401k) 8 years ago. In this bull market I managed a 51% return, which is easy to say when the market is so bullish. I see the world in a different way now. For example I wanted to pay off my house as soon possible to be debt free. Now, I know money sitting in home equity is a loss in cash value. I’m better off making payments and keeping as much cash in the market where returns are 10% to 20%. Even in 2022, was able to make money. I have learned, and am still leaning, financial literacy the hard way. People like Nick and Jessica should have more followers, this information is worth millions,
But how did the LBO triple the enterprise value of the company. My guess is that this is not financing engineering, but because as you said, it was one of the first LBO’s, it was a great purchase from some middle managers unaware of the assets value. Thereafter, conglomerates likely raised the prices on their spin offs.
No wonder you don't have more subscribers. Your video provokes thought. No bear porn or flashy intros. Thank you.
Thanks for taking the time to watch!
Agree! Nick and Jess are straight quality. Tbh, while I wish DataTrek growth and success, I kinda like the "local (quality, not quantity) coffee shop" vibe vs 50k chaotic noisy spammy bot comments of other more mainstream channels.
Nevertheless, more of these Nick & Jess, pls🙏🏻
Cheers
It is a fascinating case study but it has a glaring hole: did the public market over pay for Gibson Greeting Cards? If not then why did RCA value it so low. There is only value to unlock in this case by tapping the difference between what an owner-operator would pay for a business and what capital markets will bid shares up to. In this case the private equity guys reckoned that doing an IPO with all of the attendant sales and road show marketing would net them more than trying to grow the business. They were correct about that. But it all hinges on equity investors not being all that discerning. This is the downside of private equity LBOs. They are really just looking for the next buyer.
Nick and Jessica are such genuine and valuable guideposts to young investors and traders , providing diamonds amongst all the coals on UA-cam.
Thank you so much, we’re really glad you find the content useful!
If this class was conducted at MIT Media Lab or Stanford those students would be looking to leverage the data they were collecting on their customers to sell new products or subscription models. The use of electric media would certainly be the media used rather than paper cards. This episode was pure signal and no noise. Excellent.
Fascinating and Topic A today in finance. Our son's venture stage company, and likely all venture stage companies today, ask themselves questions about paths to liquidity events, timing of the events, delaying the events in favor of remaining private longer, growth by organic vs acquisitive (or both) means, et cetera. Comparing that decision space with that my generation--now retired--faced in Silicon Valley leaves me fascinated, in constant conversations with our son, and honestly, a bit dizzy. Thanks Nick; appreciate you.
Thank you for watching! We cover VC funding trends closely. We see that market as a “free lunch” for public equity investors. VCs find and fund thousands of disruptive businesses, most of which either fold or generate weak returns. A few, however, eventually go public, mature into large public companies, and help drive long-run equity returns. Best of luck to your son!
Nick, great video. Very useful way to think about things. Frameworks are super important. Thanks for sharing.
Thank you for watching, so glad you liked it!
We didn't study this particular case in my MBA program about 15 years ago. Wish we had! Thanks for this video!
Nick always on point. Ty.
Thank you!!
Nick thank you for this excellent question : "What is my goal ?" I ask myself that question before investing and often decide not to invest in the stock at hand. I really appreciate your videos and keep your advice as daily reminders of how to behave before investing.
Thank you very much for your support, so glad it's useful!
Excellent reminder that there are two ways to manage to increase shareholder value. Financial leverage and business leverage. Find companies who do both. 🖖🏻
Thank you for watching!
Love your videos- never miss an episode. As a fellow MBA grad I found this super relatable!
Thanks so much for your support, glad you enjoyed it!
Fantastic video! Very informative! Thanks, Nick. Happy Thanksgiving to you, Jessica, and your families.
Nick, I absolutely love the content you and Jessica put out and am a subscriber to datatrek, but please look into getting a different microphone or some type of Gate for your mic (lots of simple programs will block out non speaking noise), hearing all the background noise and your in breathing makes it kind of hard to listen to sometimes, but I power on because the content is so good. Just honest feedback from a big fan of the channel, thanks for all you guys do!
Happy Thanksgiving holiday Nick. Thank you for what you do to educate the community!
Happy Thanksgiving! Thank you for your interest in our work!
good work Nick I have observed cases study in real world has not worked well at all , if you gauge how MBAs come in to the workplace ,,, ive worked w Chicago and Stanford students much diferent experience as a practicing CEO
Thanks so much for watching and for your insight!
Hi Nick and Jessica, great contents as always and thank you for taking the time to educate us. May I suggest a topic for a future video: Investors are bombarded by charts and numbers on a daily basis. What are some of the high-level ways to help us (amateur investors) recognize noise from the truly important data? Thanks!
Thank you!! And great idea, thank you for that as well!
I started intentionally investing with my own money (outside of the 401k) 8 years ago. In this bull market I managed a 51% return, which is easy to say when the market is so bullish. I see the world in a different way now. For example I wanted to pay off my house as soon possible to be debt free. Now, I know money sitting in home equity is a loss in cash value. I’m better off making payments and keeping as much cash in the market where returns are 10% to 20%. Even in 2022, was able to make money.
I have learned, and am still leaning, financial literacy the hard way. People like Nick and Jessica should have more followers, this information is worth millions,
Thanks for sharing and education. Happy Thanksgiving
Happy Thanksgiving! Grateful you took the time to watch!
Thank you for the video. It’s wonderful!
DataTrek!! DataTrek!!!
Excellent video, concise, useful, practical. Thank you. Looking forward to more of your insightful videos.
Thanks very much, we’ll keep them coming!
insightful!
please more of this kind of thing, really enjoyed it.
Thank you, we're so glad you enjoyed it!
Very Interesting 🤔. Thanks Nick.
Thank you for watching!
great video
Thank you!
Why did the valuation increase from 80 to 290?
I remember Bill Simon from when he was Treasury Secretary ……..Mnuchin kinda reminds me of Bill Simon.
But how did the LBO triple the enterprise value of the company. My guess is that this is not financing engineering, but because as you said, it was one of the first LBO’s, it was a great purchase from some middle managers unaware of the assets value. Thereafter, conglomerates likely raised the prices on their spin offs.
The oracle of Data and how to interpret it
Thank you for watching!
I meant Oracles! Jessica too 💪🏼.
@@kevinmanzo862 thank you 😊
❤
Buy bit coin
Yeah that’s what I was thinking. Buy a business that owns a bunch of assets, sell off those assets to buy bitcoin for better future returns
@ST5S5 any business I start is fighting 15 % fiat debasement a year. Yeah bit coin to build wealth
... Let me guess, is it not to go to a B-school?