Employee options: simple but complex

Employee options: simple but complex

Employee options: for an ASX-listed company the valuation task is reasonably straight-forward. However, for an unlisted company (think start-up) the task is far more complex. Peloton is regularly asked to assist start-ups, technology companies and private companies...
Employee options: simple but complex

So the cash rate has increased…

We all know that the RBA has just increased the cash rate for the first time in 10 years. We might also be familiar with the fact that Australian Government Bonds have been increasing too (currently around 3.5%). But what has happened to the cost of corporate...
What is an equity valuation – and why is it so complicated?

What is an equity valuation – and why is it so complicated?

An equity valuation aims to mimic the price that would be observed in a marketplace in which the business or equity would trade if it were listed in that marketplace. That marketplace (e.g., ASX) aims to provide to buyers, sellers, brokers and advisers with sufficient...
How to create equity value in the face of uncertainty

How to create equity value in the face of uncertainty

Equity value is a top priority when buying a new business, investing in a new project or starting a new venture. And right now, our economies and capital markets confront endless uncertainties. Uncertainties come in different shapes and sizes. Some are so obvious that...