Bips
For the textually active human, a website celebrating text with the most interesting facts about entrepreneurs, companies and the broader world of finance.
- How Bud Light Lost the Top Spot
- How Experts Negotiate
- Honda's Accidental U.S. Success
- Home Depot Started Scrappy
- Models, Assumptions and Disney's Disaster in Paris
- Why Index Funds Underperform in Down Markets
- The Price of Lab Made Diamonds
- The Lottery and Personal Finance
- Why Accounting is Cool According to Dilbert Creator
- Onboarding Gone Wrong with $100 BN at Stake
- Drake's Investment Team Saves Art Carnival
- Billionaire Ryan Cohen Invested in 10 Stocks
- Why Startups Succeed
- Kardashian's Celebrity Megaphone and OPM
- Otter Child Care: Pandemic Success Story
- Thomas Murphy: $2,000 for every $1 Invested
- Acquisition of EggCartons.com
- Independent Sponsor Success Stories
- Explosive Growth: Private Equity Investing in South Korea
- Advent International: Lessons Learned from the Last Recession
- Acquisition Ace: Dick Heckmann
- Buffett on Retained Earnings and Capital Allocation
- Booming Private Markets Leading to Future Crisis?
- The 8 Best CEOs
- Peak VC - $500B From Outside VC Funds
- PE Portfolio Company Balance Sheets & Recession Concerns
- Excerpts from Stanford's 2022 Search Fund Study
- By 2004 Wal-Mart Had Gathered More Data than the Internet
- Walmart Uses Data to Respond to Hurricanes
- Michael Dell Out Earned His Teacher
- Crocs Before Private Equity Investment
- Taylor Swift's Revenge Imperils $50 Million Earnout
- Shamrock Capital Acquires Rights to Taylor Swifts Early Albums
- Earnout Examples
- New PE Firm Arctos Bets on Sports
- S&P 500 Percent Decline
- Twin Drags on the Economy: Long Term Interest Rates & Oil Prices
- Private Equity Sector Focus
- Probability of Recession: Back-of-the-Envelope Calculations
- Sourcing Strategy Drives Fund Objective 2020
- Business Development Roles in PE 2017
- Sourcing Private Equity Transactions is Getting Harder 2016
- Sourcing Private Investment Opportunities
- $6.6B Acquisition of Stamps.com Closes without Banks
- Private Credit Investments
- Apple's iMessage Moat
- Luxury is an Advantage in Tech
- Apple Stands Alone as a Luxury Brand
- The Apple Advantage
- Conan "Retires" to Audio Empire
- AI Supported by Data Creation
- LVMH Wins Over Trump
- LVMH Rationale for Tiffany Acquisition
- LVMH Acquisition Strategy
- Blue Owl Minority Investments Take Time
- Securing a Transaction
- Variables Overlooked with Multiples
- Multiples vs Models
- Quick Decision for Uber CEO
- Raising $70 Billion
- Tax Deferral with Debt
- Investment Tax Strategy
- Personal Investing Tips and Strategies
- A Safe Investment for Cash
- Nonfinancial signals of bubbles and inflated share prices
- Growing Number of Employees Value Equity Awards
- $5 Billion Tax Free
- Equity Incentives to Reduce Turnover
- Record CEO Compensation at Porsche
- Porsche CEO Record Compensation
- Incentive Equity and Incentive Compensation
- Gold Discovery and Prices
- Gold Standard Logic & Inflation
- The Gold Standard
- Lego Pivots Away from Instant Gratification
- From Athlete to Investor
- PE Multiples to the Moon
- Private Equity Valuation and EBITDA Multiples
- The Perfect Time to Start an Airline
- Bill Miller: AMZN & Bitcoin Billionaire
- Don't Call it a Comeback
- WeWork's Valuation Analyzed
- Community Adjusted EBITDA
- Why Accounting is (NOT) Boring
- Why Humans are Fooled by Numbers: Damodaran
- Cash Flows Compared to a Lemonade Stand
- Accounting is a Closed System: R&D Example
- Accounting Explanations in the Media (and Books)
- Why Humans Struggle with Forecasting
- People (Really) Want to Travel
- Vista Equity Partners Secret Advantage
- Private Equity Secret Sauce
- Why Mirror Founder Sold to Lululemon
- Unilever 100 Year Effort to "Deseasonalize" Sales with Ice Cream
- Apple Working Capital Advantage
- How Toddlers Learn to Walk
- The Power of Compounding Applied to Habits
- Celebrity Investors
- Diageo Buys Davos Brands LLC (Including Aviation Gin)
- Maximum Strategy: Honest Mint Mobile Ad
- Maximum Effort Productions
- Who is John Malone?
- $30 Billion of Shareholder Losses with One Thing in Common
- Origin of Sealed Bid Auctions in Private Equity
- Private Equity Sourcing Strategy
- Walt Disney Sells Enough Frozen Dresses for Every 4-Year Old Girl
- 200x Return on Greeting Card Company
- TikTok Revenue and Valuation 2020
- Microsoft Looks to Acquire TikTok's U.S. Operations
- Half and Half with Blackstone Shares
- Risk Reversal with Facebook Shares
- Risk Reversal with Lululemon Shares
- Stock Option Strategies
- NMC Uncovers an Additional $2.7 Billion of Debt
- Accounting Fraud in Plain Sight: Parmalat
- Fraud: Examples of Accounting Fraud
- Private Equity Owned Firms Grows to 7,700
- Asset Transfers Reduce Recovery
- J. Crew Avoids Bankruptcy Due to Cov-Lite Loan
- CLOs and Covenant-Lite Loans
- Cov-Lite Loans Reduce Value / Appeal
- "Covenant Lite"
- Amazon Creates Float with Working Capital
- PE Operating Teams Matter During Recession (Little Support Otherwise)
- How Working Capital Can Change a Business
- Residential Brokerage Compass' "Technology Promise"
- Airbnb Gets Investors Attention with Cereal Boxes
- Dead Deal Expense Can be Costly to Companies
- Startups Respond to Lack of Funding during Crisis
- Negotiating a Letter of Intent
- Startup Marketing Strategies
- Price of Uranium Reverses Downward Trend w COVID-19
- EY Study: Private Equity More Aggressive this Recession
- Private Equity: Be Ready to Pounce in a Recession
- Private Equity Investing Post Coronavirus
- Recovering From a Recession
- Private Equity Backed Companies Outperform Equally Levered Counterparts in Recession
- Investments Made During a Recession Outperform
- Investing During a Recession or Downturn
- Private Equity Investing During a Recession
- Wayfair Inc. Online Model Creates Opportunity
- Zoom Becomes a Verb
- Americans Drinking at Home
- Laptops Disappear from Store Shelves
- Crisis Raises Concerns Surrounding Supply-Chain Financing
- Robert Shiller Comments on CAPE Ratio During Crisis
- Cannabis Sales Up During Crisis
- GoFundMe Campaign Growth for Small Businesses
- Isolation Boosts Sales of Condoms and Sex Toys
- Letter from President of Cruise Line
- A Simple Explanation of the PE Ratio
- Medical Waste Firms Brace for Coronavirus
- Revenue Growth During the Coronavirus Crisis
- Simple Financial Explanations in the Media
- LVMH's Remarkable Response to the Coronavirus
- YouTube and Netflix Reduce Picture Quality
- Restaurants Fight to Survive Coronavirus-Related Shutdowns
- Companies Scramble to Respond to the Coronavirus
- Stock Market Performance and the Economy
- What Makes a Rolex so Expensive?
- Hermes at Risk?
- Public Returns Outperform Private Equity Over 10 Year Time Horizon
- "America the Overvalued"
- Recession Will Come (Eventually)
- Harry's Acquisition Abandoned
- "The Stock Market is Telling You Nothing About the Economy Anymore"
- Companies That Handle Cash Soar
- Airline Customers Know Not What They Want
- Contrarian Ideas
- Contrarian Investments
- Sale of Harry's to Edgewell Personal Care Blocked by FTC
- A Brief History of Venture Capital
- Cash-Hemorrhaging Scooter Companies Face Pressure
- Book Review: Billion Dollar Brand Club
- Venture Capital: Revenue at all Costs
- M&A Lawyers Should Understand Business Risk
- John Deere Boosts Revenue by Absorbing Risk
- Gift Cards Spark Sales Uptick Ahead of Bankruptcy
- Legal Advice & Business Risk
- Misleading Financial Metrics
- Coca-Cola Achieves Incredible Growth with Milk
- Bradley Jacobs on Closing Deals
- Deal Closing Strategies
- Incredible Growth in Otherwise Stable Industries
- Esports on the CV
- Risk of Corporate Debt Fire Sale?
- Cannabis Drinks a Healthier Alternative to Alcohol?
- The Business of Fashion - Imran Amed
- From Blog to Business
- War on Drones is a Growing Business
- Gun Shot Detection Company Sales Up 400%
- Growing Niche Industries
- Length of PowerPoint Presentations Clue to Performance
- How Stan Lee Convinced Fans to Buy ALL Marvel Comic Books
- Peloton: Persistence Pays Off
- Vegan Couple Sells Meat-Based Snack Company for $100 Million
- 15 Year Old Disrupts Publishing and Gets a Netflix Film
- Allbirds: Shoes Inspired by 27 Million Sheep
- How Guy Raz Built the Most Successful Podcast
- Inspiring Entrepreneurs
- Apollo Insurance Investment Greatest of this Decade?
- Great Private Equity Investments
- Epic Games Valued at $15 Billion
- Cov-Lite Leveraged Loans Raise Concern
- Leveraged Loans Get Regulators Attention
- Leveraged Loans Pose Risk
- Russell 2000's Corporate Debt a Risk
- Biotech Company, Endocyte, Earns 175x Return on Investment
- NYC Taxi Medallions: A Contrarian Bet
- Private Equity Secondary Deals Peak
- Versace: A $2.1 BN Price Tag for $17.5 MN of Profits
- 83% of U.S. IPOs in 2018 Unprofitable
- WeWork: Community Adjusted EBITDA
- US Personal Savings Rate Shows Positive Surprise
- Pension Plans Exposed to Private Equity
- Car Makers Look to Increase Revenue with Data
- Private Equity Investing Pace Slows
- US Stock Market Bigger But More Concentrated
- Private Equity Making Direct Loans
- Threat to Investors: Lax Accounting Standards
- Banks Find Indirect Paths to Fund Private Equity
- Private Equity Looks to Healthcare
- Investment Banks Monitor 5,500 Private-Equity Holdings
- Private Equity Funds from 1980 to 2015
- Software Buyouts Outperform
- Private Equity: Attractive Terms for Outperformers
- Private Equity Investing Trends
- Public vs. Private
- How local newspapers impact municipal bond markets.
- Friendly faces raise 42% more capital.
- Top performing companies share near-death experiences.
- Boston Beer Near-Death Experience
- The morning morality effect.
- Using anger to win a negotiation.
- The Power of First-Person Pronouns
- What "um" and "uh" signal in conversation.
- Company Near-Death Experiences
- Negotiating Tips and Tactics
- Why operating leases and ASC 842 are relevant to the quick service restaurant industry.
- Deloitte Executive Summary on Operating Leases (ASC 842)
- FASB Accounting Update: Operating Leases Under ASC 842
- Money pours into private debt funds.
- Money flowing into index funds drops substantially.
- Demand for salmon fuels Norway's consumer staples sector.
- How Paul Mecurio transitioned from Wall Street to Comedy.
- Private equity suffers first billion dollar fund loss.
- Amazon moves into the $560 billion prescription drug market with PillPack.
- New private equity trend: using leverage to buy leveraged portfolios.
- Words of Praise: Warren Buffett on Jack Bogle.
- The four challenges facing index investing (Barron's).
- Name badge sales signal growth.
- New HQ can signal share price peak.
- Chanel reveals financial results for the first time in 108 years.
- Roughly 20% of Russell 2000 companies fail EBIT-to-interest coverage.
- New data suggests corporate profits are not as strong as they appear.
- How robot calling scams work even when you do not answer.
- Global Esports Economy Will Reach Nearly $1 Billion in 2018.
- Twitch signals the rise (and rise) of e-sports.
- Facebook launches Facebook Gaming to compete with Twitch.
- World Cup viewership causes trading volume to plummet globally.
- U.S. household debt surpasses 2008 Q3 peak.
- E-sports tournaments quickly going mobile and making money.
- E-sports draws more unique views than all NFL games in 2017.
- Microsoft gaming-related revenue grows at record pace.
- Making loans without borrowing history.
- EZ Credit Gets Creative.
- The most profitable private equity investment in real estate ever (through May of 2018).
- Borrowing heavily to buy equities: An indication of trouble on the horizon?
- Trading Student Loans for Mortgages
- Money starts piling into home-flipping funds. What could go wrong?
- Christmas tree sales as an indicator of consumer confidence in the economy.
- Do ping pong table sales suggest a tech bubble?
- The incredible rise of e-sports.
- Robots bring the cost of manufacturing a t-shirt down to 33 cents.
- The Greatest Trade Ever: $15 Billion One-Year Payout
- How an entrepreneur saved a prestigious Swiss watchmaker.
- Who Invented EBITDA?
- The rise of private equity mega funds [in 2017].
- Private equity fund raising trends.
- How much does it cost Hermes to manufacture a Birkin handbag?
- Record Sale: $300,168 (USD) for a Birkin Bag.
- How much does a crocodile skin cost for use in high-end luxury goods?
- The price of a vineyard in the Burgundy region of France.
- The most expensive real estate in the world.
- US consumer debt-to-income ratio rising.
- Banks find an indirect path to subprime auto loans.
- John Maynard Keynes's track record collecting art ($99 million).
- The cost to manufacture a basic, entry-level Hermes Birkin handbag.