You’re raising your first round, handing out early equity, or getting ready to make an offer to a key hire. Then your lawyer ...

Multi-tiered entities (MTEs) offer businesses a sophisticated organizational structure with multiple layers of ownership and control. But the complex ownership structures and intercompany ...

Many popular valuation metrics suggest that the stock market is expensive, implying that investors should expect weak returns over the years to come. Unfortunately, all valuation metrics are far from ...

A practice of Elon Musk and Tesla’s board raises questions about the company’s governance and the possible low valuation that private capital markets are putting on its shares. At the heart of the ...

Discover what conversion value means in the context of convertible securities and understand its impact on investment decisions and profitability.

Lululemon's growth story isn't as smooth as it once was, but the stock now trades at a valuation that seemed impossible just a few years ago. Today, that narrative looks very different. After several ...

In our last article entitled, "Intrinsic Value is Subjective," we presented decisive empirical evidence that directly falsified the Efficient Market Hypothesis (EMH). We showed that even under ...