> That’s super helpful - so basically what other deals are going on in the market and how they’re being structured?
That's one of the rows of the football field. Actually one I forgot to mention, often called "precedent transactions". You can see some examples of these slides if you scroll down to "Why these slides are made" here https://www.alexanderjarvis.com/investment-banking-slide-exa...
But when I mentioned relative valuation or trading comparables, I meant looking at similar public companies today and what their implied valuation is based on their current share price (more about that here https://news.ycombinator.com/item?id=41862295)
Those relative valuation methodologies are different so-called "intrinsic" valuation methodologies like DCF or discounted equity value, which just look at the company you're valuing and do some math "in a vacuum" to get some implied value per share.
> Which makes sense - seems like Perplexity will always cater towards your average retail investor, there’s just too much complexity and cost to acquiring the type of data a professional cares about. Seems like that will need a to be its own platform.
I agree, but there's definitely a lot of room for automation in the professional space. Unfortunately I can only tackle one startup at a time so that's like ~third on my list of revolutionary ideas that I'll get to one day ;-)
That's one of the rows of the football field. Actually one I forgot to mention, often called "precedent transactions". You can see some examples of these slides if you scroll down to "Why these slides are made" here https://www.alexanderjarvis.com/investment-banking-slide-exa...
But when I mentioned relative valuation or trading comparables, I meant looking at similar public companies today and what their implied valuation is based on their current share price (more about that here https://news.ycombinator.com/item?id=41862295)
Those relative valuation methodologies are different so-called "intrinsic" valuation methodologies like DCF or discounted equity value, which just look at the company you're valuing and do some math "in a vacuum" to get some implied value per share.
> Which makes sense - seems like Perplexity will always cater towards your average retail investor, there’s just too much complexity and cost to acquiring the type of data a professional cares about. Seems like that will need a to be its own platform.
I agree, but there's definitely a lot of room for automation in the professional space. Unfortunately I can only tackle one startup at a time so that's like ~third on my list of revolutionary ideas that I'll get to one day ;-)