What that implies is that it makes sense to pay attention to valuation, because firms in bad shape often clean up their act and get better, and firms in exceptionally good shape find their excess earnings competed
away by other firms.
Not exact matches
It was especially refreshing to be able to steer
away from the clichés and get into some very practical tips about what he and his team look for in considering a deal and how that differs from many
other venture
firms, which are constrained
by the requirements of their limited partnership agreements and
other considerations like IRR (as opposed to ultimate return on capital) as well.
Of course, crypto startups could also raise money
by selling equity to venture
firms, but that takes
away some of their upside, and that's how the SAFT has perhaps pulled
away from
other competing standards.
We will not seek to benefit from the fact that
other firms may turn
away work
by taking that work on ourselves.
But while ministers in 2004 stood
firm on sibling cohabitation, they placated the religious lobby
by other concessions, moving CP as far
away from marriage as they thought they safely could.
If boutique
firms are taking clients
away from the large
firms by, among
other things, operating out of cheaper office space, then good for them.
Firms that decide not to adopt the ABS solution for managers might find that their best managers are tempted
away by others who are not deterred
by the need for licensing.