Most of this week's reading in Valuation of Entrepreneurial Ventures was new to me with regards to the actual checklists for valuation, due diligence, and analyzing a business. What I found most surprising was the in practice reading of the "Rollup Frenzy". It was interesting that ventures go on a buying spree of profitable businesses, but don't have a plan as to how to incorporate that entity into their business plan and thus it leads to failed business through bankruptcy.
There was not anything I could really point out as confusing. This chapter was fairly easy to read and understand.
I would like to know, if companies are going through bankruptcy, what are resources to utilize to find these failed businesses and how can they be acquired? I read how some of the businesses previously sold, fell back into the lap of the previous founders at fraction of what they sold it.
In evaluating a business for valuation, is there an agreement that the company books are open and assessed by the buyer's team or is based on documentation provided by seller?
There was nothing in this week's reading that I necessarily disagreed
No comments:
Post a Comment