Brian Ortiz

🔥𝑳𝒊𝒔𝒕 𝒐𝒇 over 800 𝑻𝒐𝒑 𝑰𝒏𝒗𝒆𝒔𝒕𝒐𝒓𝒔 𝒊𝒏 𝑬𝒖𝒓𝒐𝒑𝒆🔥

Startup founders: increase your chances of getting funded by pitching the right investor!

Europe’s top VCs in 2023 sorted and ranked by:

✅ Type: 550 European VCs, 272 PE firms, 146 Non-EU Investors
✅ Assets under Management (AUM)
✅ Most active firms by deal count 2021
✅ Industry Focus
✅ Stage Focus
✅ Geography

Not every investor invests in every startup. Make sure you know the investors’ check size, industry preference, and stage before reaching out to them.

This is internal data that we've been using to put together the 2022 European Capital Map that i5invest has just launched, and we decided to share it with you to provide additional value.

𝐇𝐢𝐠𝐡𝐥𝐢𝐠𝐡𝐭𝐬:

Top European VCs (by number of deals) in 2023

Global Founders Capital, Ardian, Seedcamp, BGF, Entrepreneur First, Hg, SFC Capital, Kima Ventures, Speedinvest

Top Trending Verticals in 2023

SaaS, HealthTech & Life Sciences, B2B, Fintech & Insurtech, Energy & Sustainability, Big Data & AI.

🔥If you’d like to get access please leave a comment “800“ and zip me over a connection request🔥

credit: i5invest

#startup #investor #venturecapital #privateequity

🔥Finance Formula Cheat Sheet🔥

This 6-Page PDF serves as a vital Corporate Finance, Financial Management & Investing Formula companion....

Lowdown of some of the more critical formulas covered in this doc:

•  Capital Structure: WACC, SGR, TEV, Franking Credit, Working Capital Management

•  Options and Risk: IR Swaps, Binomial Pricing, Hedge Ratio, Collars

•  Debt: Liquidity Preference Theory, NPV, IRR, Modified Duration, Trade Discounts

•  Equity: Gordon Model, Residual Dividend Approach, Residual Income Model, Dupont

•  Critical Quant: Mean and StDev, Covariance, Correlation, Least Squares, L'Hopital', Confidence Intervals, Gaussian PDF, Geometric Average

•  Markets: Two-Asset Portfolio, Minimum-Variance Portfolio, CAPM, Fama-French Three Factor Model

You guys can save this doc to your local computer by enlarging the PDF below and then by clicking the “download“ icon in the top right corner of your browser.

--------------------------------------------------------------------
Join 30,000+ Amplified Investors: https://lnkd.in/eAYGMHRN
---------------------------------------------------------------------

🎎The Definitive Guide to EBITDA🎎

From Josh Aharonoff, CPA & Chris Reilly

EBITDA just may be the 6 sexiest letters in Finance & Accounting

There is so much emphasis on this metric, yet it is so often misunderstood

Let's start with:

➡ What is EBITDA?

EBITDA's literal definition is

Earnings

Before

Interest

Taxes

Depreciation

Amortization

➡ How is EBITDA calculated?

Like the name implies..

Take your net income

[+] Interest Expenses

[-] Interest Income

[+] Taxes

[+] Depreciation & Amortization

➡ Why is EBITDA so important?

Well.. a number of reasons...the 4 biggest being:

1️⃣ EBITDA is commonly used to value businesses

2️⃣ EBITDA is commonly referenced on a number of ratios

3️⃣ EBITDA can be a good approximation for free cash flows (though it can also wildly differ)

4️⃣ EBITDA can be a good measure to compare companies across the same industry

➡️ What are some common misconceptions with EBITDA?

1️⃣ EBITDA is not a GAAP metric

That’s right…for that reason, you won’t find it on a profit and loss

2️⃣ EBITDA does not equate to cash flows

Your cash flows can wildly differ from period to another when compared to EBITDA, depending on how things like accounts receivable / payable, and fixed assets come into the mix (to name a few)

3️⃣ EBITDA is not the same as net operating income

While in many cases these 2 items may be the same, for some companies, it can differ

An example can be if a Fixed Asset is necessary in order to carry our revenue, in which case Depreciation would be included in cost of goods sold

➡️ What’s my take on EBITDA?

It’s a powerful metric, and it’s popular for a reason

At the same time, it’s just one metric filled with hundreds that can be used to understand what’s happening with a business, and should not be the only one that you measure

Other metrics to consider are:

1️⃣ Gross Profit - what’s left over after you subtract out your COGS from your Revenue

2️⃣ Free Cash Flows - The cash flows available for distribution to investors or for future investments (operating cash flows - capital expenditures)

3️⃣ Annual Recurring Revenue - the amount of revenue that comes from customers committed to annual contracts that auto renew

And many more

Those are just a few things to note about EBITDA - there is so much more to it

What would you add?