VCs vs PE and other tales – Back of the Envelope #10

I’ve been curious about the difference between venture capitalists (VCs) and private equity firms (PE). Granted, as Ed schools me, both are types of PE, but we don’t call the PE people “LBO’s” any more after that patchy spot a decade plus ago. Anyhow, among other things, Ed and I talk about how VCs investment profile and desires differ from PE folks.

Click to listen below:

http://s0.wp.com/wp-content/plugins/audio-player/player.swf

…or download directly.

And, don’t forget to subscribe to the podcast feed! Also, there’s a whole dedicated tumblr.


(Source: http://bit.ly/Ap0qmV)

VCs vs PE and other tales – Back of the Envelope #10

I’ve been curious about the difference between venture capitalists (VCs) and private equity firms (PE). Granted, as Ed schools me, both are types of PE, but we don’t call the PE people “LBO’s” any more after that patchy spot a decade plus ago. Anyhow, among other things, Ed and I talk about how VCs investment profile and desires differ from PE folks.

Click to listen below:

…or download directly.

And, don’t forget to subscribe to the podcast feed! Also, there’s a whole dedicated tumblr.

Excel Macro for CAGR – Compound Annual Growth Rate

I end up calculating CAGR a lot in Excel. Exciting for me.

Here’s the macro-template for idiots I’ve finally found success with:

=(last/first)^(1/(LastYear-FirstYear))-1

I’ve seen Gartner use RATE for CAGR, and I you could probably use XIRR as well.

Have fun!

 

Also, if you just want percent change:

=((last-first)/first)

Austin commercial classic: Oh, you do know Betty Blackwell?

statesman.com

Dori­tos, Pepsi and Chrysler have noth­ing on Austin crim­i­nal lawyer Betty Black­well.

Grant­ed, their big-money Super Bowl com­mer­cials reach mil­lions of peo­ple and attract big-name celebri­ties like Clint East­wood and Elton John. But how…

“Oh, you do know Betty Blackwell?”

Austin commercial classic: Oh, you do know Betty Blackwell?