Musings on Markets

FEBRUARY 8, 2024

With Alphabet and Meta, which make their money on online advertising, the rates for that advertising, measures in costs per click, rose through much of the year, and as an active Apple customer, I can guarantee that Apple has been passing through inflation into their prices all year.

Marketing 139

Marketing Valuation Profit and Loss Advertising 139

Barry Ritholtz

APRIL 7, 2023

From film to fashion and architecture to advertising, creative fields have become dominated and defined by convention and cliché. Known as the Dean of Valuation, he teaches Corporate Finance and Valuation to the MBA students at Stern where he has been voted “Professor of the Year” by the graduating M.B.A.

Valuation 119

Valuation Corporate Finance Advertising Finance 119

CFO News Room

NOVEMBER 11, 2022

That skewing can affect valuation and pricing judgments about these firms, and correcting accounting inconsistencies is a key step towards leveling the playing field. I believe it is, since failure to do so can have both valuation and pricing consequences.

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Accounting Marketing Advertising Valuation 130

PYMNTS

JUNE 11, 2020

Instacart ‘s valuation is now almost $14 billion after a new funding round, the company announced in a press release. The company’s valuation is now $13.7 The round raised $225 million and was led by DST Global and General Catalyst. Existing investor D1 Capital Partners contributed as well. billion, the release states.

Valuation 52

Valuation Advertising Retail Technology 52

CFO News Room

JANUARY 19, 2023

I must admit I was surprised by my own valuations, since, given the low riskfree rates prevailing at the time, only one stock (Apple) looked significant over valued. Clearly, much has happened since these valuations. trillion, and their share of the overall equity value of all US stocks also surged from 6.5% to 14.9%.

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Valuation Profit and Loss Numbers Advertising 130

CFO News Room

FEBRUARY 12, 2022

My September 2020 Valuations. I must admit I was surprised by my own valuations, since, given the low riskfree rates prevailing at the time, only one stock (Apple) looked significant over valued. Clearly, much has happened since these valuations. The FANGAM Valuations: February 2022. to 14.9%. Updating the Numbers.

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Valuation Profit and Loss Numbers Advertising 130

Musings on Markets

AUGUST 2, 2021

Just over a week ago, I valued Zomato ahead of its market debut, and as with almost every valuation that I do on this forum, I heard from many of you. The Prelude After I posted my valuation last week, I did find some of the portrayals of my post to be a little unsettling. Let me dispel both delusions.

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Valuation Numbers Investments Marketing 52

CFO News Room

FEBRUARY 4, 2022

companies as they reassess their valuations in anticipation of higher interest rates. The company also saw growth in its cloud-computing and advertising businesses. . The image-sharing firm also signaled it is adjusting to disruptions in the digital-advertising market caused by Apple privacy-policy changes that are affecting Meta.

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Marketing Profit and Loss Advertising Valuation 130

CFO Talks

JANUARY 30, 2025

Crafting Strategic Visions with Roger Castle In the latest CFO Club podcast, Leana van der Merwe sat down with Roger Castle, an accomplished CFO and finance expert with decades of experience across industries such as cloud management, online advertising, financial services, and telecommunications. Then we ask, how do we get there?

Communication 52

Communication CFO Valuation Construction 52

PYMNTS

DECEMBER 7, 2018

The company, which is said to have enlisted the help of Morgan Stanley, is looking for a valuation north of $600 million, CNBC reported. The brand has already taken in $30 million through a Kleiner Perkins investment, which is said to have given it a valuation over $200 million. Rowe Price and Tiger Global.

Valuation 40

Valuation Healthcare Advertising Investments 40

Musings on Markets

FEBRUARY 12, 2022

I must admit I was surprised by my own valuations, since, given the low riskfree rates prevailing at the time, only one stock (Apple) looked significant over valued. Clearly, much has happened since these valuations. trillion, and their share of the overall equity value of all US stocks also surged from 6.5% to 14.9%.

Valuation 103

Valuation Profit and Loss Numbers Advertising 103

Musings on Markets

OCTOBER 6, 2023

The resulting debate among accountants about how to bring intangibles on to the books has spilled over into valuation practice, and many appraisers and analysts are wrongly, in my view, letting the accounting debate affect how they value companies.

Valuation 125

Valuation Profit and Loss Accounting Investments 125

Nerd's Eye View

OCTOBER 18, 2023

Investors' enthusiasm tends to feed on itself, resulting in increasingly unrealistic valuations, until suddenly reality comes into focus, and prices drop for all countries in the industry – often wiping out some companies and creating severe losses even in the ones that do survive.

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Profit and Loss Marketing Valuation Investments 98

CFO News Room

FEBRUARY 2, 2022

Facebook also cited inflation as a weight on advertiser spending. It was the worst month for the tech-heavy Nasdaq Composite since March 2020 as investors consider how rising interest rates could weigh on the tech sector’s pricey valuations. It lost about a million daily users globally and stagnated in the U.S.

Profit and Loss 130

Profit and Loss Advertising Valuation Investments 130

Musings on Markets

NOVEMBER 10, 2022

That skewing can affect valuation and pricing judgments about these firms, and correcting accounting inconsistencies is a key step towards leveling the playing field. Accounting 101 I am not an accountant, and have no desire to be one, but I have used their output (accounting statements) as raw material in valuation and corporate finance.

Accounting 96

Accounting Advertising Valuation Investments 96

Musings on Markets

JULY 22, 2021

The business model for the company is built upon intermediation, where customers can connect to restaurants on the platform, and order food, for pick up or delivery, and advertising. It stands to reason that disagreements about the story will be largely on those macro components, rather than in the company-specific components.

Marketing 99

Marketing Valuation Profit and Loss Advertising 99

Musings on Markets

SEPTEMBER 19, 2023

In sum, the overall grocery pie is growing slowly, and the slice of the pie that is profit for those in the grocery game is slim, effectively limiting the valuation stories (and values) for every player in that game. Advertising revenues, though, are assumed to keep track with gross transactions on the platform.

Profit and Loss 126

Profit and Loss Valuation Advertising Investments 126

CFO News Room

NOVEMBER 5, 2022

I have written about the firm many times, over that period, starting with a valuation that I did of the company in 2012, just ahead of it going public. billion, but it generated an operating margin of 47.3%, with its online advertising model.

Marketing 130

Marketing Advertising Profit and Loss Investments 130

PYMNTS

OCTOBER 16, 2018

The company last brought in money in August from Toyota Motor Company and had a valuation of approximately $72 billion. While it is unclear what valuation Uber would have at its IPO, Uber CEO Dara Khosrowshahi has said that the company is looking for a target date in the second half of next year.

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Valuation Advertising Marketing Sales 71

PYMNTS

SEPTEMBER 13, 2020

Last year, Opendoor raised $300 million, giving it a valuation of $3.8 In addition, the agency said while Opendoor advertises single-digit fees, its website says that fees could be as high as 13 percent based on how long the company anticipates it will take to sell a home and comparable home sales.

Startups 79

Startups Advertising Valuation Sales 79

PYMNTS

JANUARY 30, 2020

This new funding is at the same valuation — $5.5 billion valuation makes it the most valuable privately-held FinTech in Europe. rapper Snoop Dogg — who was featured in a Klarna advertising campaign — among its many investors. . “We CBA gave Klarna an initial investment of $100 million in August. percent, up from its initial 1.8

Investments 60

Investments Valuation Advertising Banking 60

PYMNTS

NOVEMBER 3, 2017

In better news, Facebook’s Q3 earnings and revenue came in higher than expected, showing strong mobile advertising growth with more than 6 million advertisers now on the platform. The company saw $10.3 billion in revenue — a 47 percent increase over last year and well above the $9.84 billion analysts were anticipating.

Valuation 40

Valuation Advertising Pharmaceutical Sales 40

PYMNTS

APRIL 2, 2020

billion spent on TV advertising in 2019 illustrates. Big Data analytics reached a market valuation of $29.87 Financial institutions (FIs) face a perennial challenge in their day-to-day operations — convincing customers to use their products and services rather than a competitor’s. billion in 2019 and is projected to total $62.1

Banking 94

Banking Risk Management Credit Risk Advertising 94

Musings on Markets

NOVEMBER 4, 2022

I have written about the firm many times, over that period, starting with a valuation that I did of the company in 2012, just ahead of it going public. billion, but it generated an operating margin of 47.3%, with its online advertising model.

Advertising 105

Advertising Profit and Loss Investments Marketing 105

PYMNTS

APRIL 10, 2019

Pinterest announced that it will list on the New York Stock Exchange at between $15 and $17 a share, bringing the company’s potential valuation to $11.3 That’s great for advertisers. While this falls below the $12 billion price of its most recent private share sale, some analysts have commended the company’s cautious opening bid.

Advertising 46

Advertising Valuation Sales 46

PYMNTS

JUNE 12, 2017

The company’s first revenue streams included advertising and paid listings, but Houzz eventually added an eCommerce marketplace where merchants can sell the furniture and home décor found in photos. And with the new valuation, it is likely the company will pursue an eventual IPO over attempting an acquisition.

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Valuation Advertising Startups eCommerce 49

PYMNTS

MAY 15, 2019

The CEO said the company now handles groceries from upwards of 20,000 stores through the United States and Canada, and it recently added alcohol delivery and advertising. billion through private markets, raising its valuation to about $8 billion, according to the report. We are now profitable on every single delivery.”.

Advertising 60

Advertising Valuation eCommerce Startups 60

PYMNTS

AUGUST 13, 2018

Amazon Web Services (AWS) may be the driver of growth for the eCommerce giant now, but Piper Jaffray predicts that in three years’ time, advertising will bring in more revenue for Amazon. The analyst has a $2,100 price target on Amazon.

Sales 40

Sales Advertising eCommerce Valuation 40

PYMNTS

AUGUST 23, 2019

Since its launch in February 2019, the Brex eCommerce offering has grown rapidly and added a number of distribution partnerships, including MDS, Payoneer and Plastiq, as well as a suite of rewards specific to the online retail industry across software, shipping and advertising. billion.

Technology 49

Technology Valuation eCommerce Advertising 49

PYMNTS

JUNE 24, 2020

s classified advertising business, private equity companies seeking to win the auction could arrange for as much as $2.6 It has valuation exceeding 20 times earnings before interest, tax, depreciation and amortization (EBITDA). With the last bids due in early July for eBay Inc.’s billion worth of debt to finance the transaction.

Advertising 56

Advertising Valuation eCommerce Finance 56

PYMNTS

FEBRUARY 3, 2017

25 billion | Number Snapchat valuation could reach. $21 21 billion | Amount of diluted valuation as of 12/31/16. $1 10 percent | Level no one advertiser goes over. 10 percent | Level no one advertiser goes over. million | Reported 2016 net loss. 1 billion | Target revenue post IPO filing. 1.05 | Revenue per user in 2016.

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Valuation Advertising Securities Numbers 43

PYMNTS

OCTOBER 19, 2017

While they might take a loss on the item, many sponsors simply see it as an advertising expense. An advertising fee is usually also paid to the home team for each item auctioned off, as well as to New Zealand-based Dropit for supplying the technology. After hundreds of trial auctions in New Zealand, Dropit is expanding into the U.S.,

Advertising 40

Advertising Valuation Technology 40

PYMNTS

JANUARY 27, 2020

The probe is centered on whether Google’s monopoly of the online search world – and the ensuing advertising revenue it commands – represent an illegal form of market control. tech firm to reach $1 trillion market value, joining Apple, Amazon and Microsoft in the trillion-dollar valuation club.

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Advertising Valuation Marketing 52

PYMNTS

MAY 15, 2020

A year ago, startup NextDoor’s status as a unicorn (a new firm with a valuation over $1 billion) was something of a mystery to outside observers. As of 2015, the social networking firm had clocked in with a valuation of $1.1 The firm was, however, at this point reporting revenue figures of “tens of millions” in advertising.

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Advertising Valuation Forecasting CFO 52

PYMNTS

SEPTEMBER 5, 2018

According to The Economic Times , Udaan hit the $1 billion valuation mark after 26 months. Reports said a $225 million fund raise would increase its valuation fivefold. While India is no stranger to unicorns , it is the speed with which Udaan has reportedly hit a $1 billion valuation that is surprising the industry.

B2B 40

B2B eCommerce Valuation B2C 40

Barry Ritholtz

SEPTEMBER 19, 2022

The advertising model, as we have learned is not aligned with customers’ interests, right? So along those lines, there are some venture firms that don’t really seem to care a lot about valuations and others seem to focus on a little bit. We’ve seen valuations come way down for public companies.

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Valuation Investments Marketing Technology 122

PYMNTS

AUGUST 23, 2018

Earlier this month, Piper Jaffray predicted that in three years’ time, advertising will bring in more revenue for Amazon. According to a report in CNBC , Piper Jaffray Analyst Michael Olson said that Wall Street is focused on AWS, but that new segments – including advertising – will be a driver of revenue growth in the future. “By

Marketing 40

Marketing Advertising Valuation Retail 40