Name: Gary Moll, CPA, ASA, Senior Manager
Posts by Gary Moll, CPA, ASA, Senior Manager:
Whether you’re embroiled in litigation as a Plaintiff or Defendant, or whether the case is related to divorce, injury or breach of contract, the actual cost of litigation can be quite staggering. And while we immediately think of the economic costs associated with attorney fees, insurance premiums and damages, it is imperative that you consider the emotional costs as well.
Whether you’re negotiating a divorce settlement or your company is for sale, the value of your company is critically important. And while there are times that you’re happy with a relatively low value, there are certainly situations when you might ask, “but what about Facebook?”
Facebook is the world’s largest social network, with more than 900 million users. In a highly anticipated and followed Initial Public Offering (IPO) in 2012, Facebook’s implied company valuation approximated $100 billion, making it one of the largest in the history of technology stocks.
But for an industry that prides itself on fundamentals, what did Wall Street anticipate when Facebook opened up at $38 per share? The $38 per share price implied that Facebook was worth 89 times its historical earnings and 76 times its projected earnings, according to Barron’s online. Contrasted with established companies such as Google (14 times projected earnings), Apple (11 times projected earnings) and the NASDAQ and S&P 500 (11 – 15 times earnings), was Facebook valued properly or was it simply a case of irrational exuberance? Read the rest of this entry “
When two or more people want to co-own a business, the buy-sell agreement should be one of the first documents that is created. The buy-sell agreement determines what will happen if a co-owner wants to leave the business, retire, sell shares to someone else, dies or goes through a divorce. Read the rest of this entry “
No one enters a relationship wanting to get jilted. It’s true whether you’re entering a business together or a marriage together – and the consequences can be even more painful if you’re doing both at the same time. Read the rest of this entry “