With the US market becoming an attractive destination for Chinese tech IPOs, it is worth revisiting the relative valuations of Chinese tech companies versus their US counterparts. I have chosen to compare three US tech companies with their closest China counterparts. [READ MORE ....]
Mount Parker Ventures has just published its first Asian Venture Capital review. The report reviews the major trends in Asian VC such as the geographic and sector sizes, round sizes and company valuations. Download The Asian Venture Capital 2016 Review / 2017 [READ MORE ....]
When and how much revenue to recognise in a firm’s accounts is one of the most contentious and important issues in financial accounting. The issue is especially acute for tech firms since early-stage tech firms may not yet have reached profitability, thus revenue and revenue [READ MORE ....]
With the tech funding market’s shift in focus from revenue growth to profitability as come a lot of confusion on which measure of profitability is a suitable benchmark for tech companies. Gross Profit Revenue less costs directly associated with delivering [READ MORE ....]
The recent travails of Lending Club have shone a not-so-flattering light on FinTech startups. On the surface, the finance industry replete with large slow-to-innovate institutions appears ripe for disruption. However, the performance of the recently public FinTech companies shows that finance make not be as [READ MORE ....]
To recap the first post on the Great Compression in Tech Valuations there are two related trends in EV/Revenue for Saas companies over the past three years – the overall decline in valuations (ie EV/Revenue ratios) and the clustering [READ MORE ....]
In this series of posts I will examine the compression in tech valuations (as measured by the Enterprise Value/Revenue ratio).In this first post I will take a look at what exactly happened and look a little beneath the surface at some of the underlying trends. In [READ MORE ....]