InterClick is a company that provides traditional approach of supply chain methodology into optimization of ROI over advertising spending. I’m writing this post because I’m so impress that the market has so much appetite for advertising systems and tools and ad networks. Basically, it treats publishers and … Read More →
Category Archives: Finance
Zynga gets another $180 million, expect more game addicts on Facebook
Zynga is the company responsible for all those spam like games, such as FarmVille or MafiaWars. All these games are targeted to Facebook and they make money by showing advertisements. All these social type of games target the very basic human emotion of achievement. Most … Read More →
The HR Acquisition – Basic financing
I read a very interesting article about HR Acquisition from “A VC” blog. It shows what a HR Acquisition is and how to calculate the acquisition of a target company in simple financial model. A must read for people who want to work in the … Read More →
Private Equity Firms in Canada – November 2009
This is a complete list of all the Private Equity firms in Canada. = A firm dedicated more to Private Equity or late stage startups. = A mix firm with investment in VC and PE. PE and VC firms 32 Degrees Capital Aberdeen Gould Annapolis … Read More →
Resources to support Entrepreneurs
MIT Open Course Ware Managing Innovation and Entrepreneurship Managing Innovation and Entrepreneurship Managing Innovation: Emerging Trends Early Stage Capital Designing and Leading the Entrepreneurial Organization Law for the Entrepreneur and Manager Entrepreneurial Marketing Entrepreneurial Finance Listening to the Customer Pricing The Nuts and Bolts of … Read More →
How is the Canadian venture capital industry going compared to the US?
People in the venture capital industry know that the VC industry is not going well in Canada. That is why it is even more important to know the situation in a quatitative point of view. The SME Financing Data Initiative is a government website that publishes … Read More →
Entrepreneurial Finance – Horizon Communications Corporation (A)
My last post from the Entrepreneurial Finance course is here. Today, I want to share my summary of the Horizon Communications Corporation (A) case study. This document basically shows the industry background of telecommunication in the 90′s. Basically, it highlights the Telecommunications Act of 1996 … Read More →
Entrepreneurial Finance – Centex Telemanagement, Inc.
I’ve started studying the Entrepreneurial Finance at MIT OpenCourseWare by myself a month ago. I wrote my first post about the first case study here (Technical Data Corporation Business Plan). Until now, I think the selection of the case studies are awesome. It presents many … Read More →
An Unlikely Marriage: Koenigsegg and Saab
I’ve been following many news related to the GM’s sale of Saab to Koenigsegg and I’m very curious about the outcome of this situation. I searched Google to see if there was any news of small companies buying big companies and I couldn’t find any … Read More →
Entrepreneurial Finance – Technical Data Corporation Business Plan
The Technical Data Corporation Business Plan is the first case study from the Entrepreneurial Finance course from MIT OpenCourseWare. It is a business plan prepared by Jeffrey P. Parker in late 1980. The case describes that Technical Data wants to raise $100,000 before the end … Read More →
MIT OpenCourseWare – Entrepreneurial Finance
There is an amazing course for people seeking to work in the private equity, venture capital industry and entrepreneurship. The Entrepreneurial Finance is an open course that focus on the finance of start-up ventures. It addresses some of the important questions such as: - how much … Read More →
New Valuation for Facebook
Wow, this is increadible. Facebook is receiving $ 200 million for 1.96%! To calculate the post valuation, we just need to do this: X = post-valuation X = 200 million / 0.0196 = 10 204 million = $ 10 billion roughly. Amazing how this company … Read More →
Goldman Sachs’ DreamingWith BRICs: The Path to 2050
BRIC is an acronym which means the fast growing developing economies of Brazil, Russia, India and China. The BRIC concept was developed by Goldman Sachs’ Dreaming with BRICs: The Path to 2050 article. The article states that if these countries follow some of the … Read More →
Presentation: Usage of Basic Venture Capital Method and Derivation of New Shares Equation
This is my first online presentation (beta version) about the basic venture capital method valuation and I show how we can reach the new shares equation quickly. Please, take this survey after the presentation! Your opinion is very important! [kml_flashembed fversion="8.0.0" movie="http://www.chimkan.com/2009presentations/Derivation%20of%20Venture%20Capital%20Method%20Basic%20Formulae%20RECORDED/viewer.swf" targetclass="flashmovie" publishmethod="static" width="550" … Read More →
VC Discount Rate Decreases in Later Stages
In many text books and even some Harvard cases, you can see that venture capitalists ask for a lower discount rate for later stage startups. This can be represented here: The reason why the discount rate decreases over time is the increasing information about the … Read More →
The Venture Capitalist’s Discount Rate
In my last post about “Venture Capital Funds Return Still High“, you read that in general the venture capital funds are performing better then public companies indexes. However, the performance rate is extremely low compared to the discount rate used by venture capitalists during a … Read More →
Venture Capital Funds Return Still High
National Venture Capital Association (NVCA) reported that venture capital performance showed positive returns across all investment horizons 3 years and longer for the period ending December 31, 2008. As you can see in the table, venture returns across all horizons outperformed public market indices, … Read More →

Brazil is launching new banknotes soon!
The Central Bank in Brazil is launching a new set of banknotes after 15 years with the launch of Real. They are good looking. I can’t wait to have all of them. You can read more about the launch here. Share and Enjoy: