1 hr 8 min

#297: Pepperdine University Capital Markets Study on Private Company Valuations with Dr. Craig Everett Intentional Growth

    • Entrepreneurship

Dr. Craig Everett is on the show today to dive deep (in a way that a normal business owner can understand) into the world of valuations, where they come from, and how the research he leads at Pepperdine University is helping shed light on the middle and lower private markets.
 
Dr. Craig Everett is a finance professor at Pepperdine University and contributor to the Pepperdine Private Market Capital Projects and Executive Director for the Pepperdine Most Fundable Companies. In this episode, Dr. Everett explains why it's important for every business owner to understand their cost of capital, why weighted average cost of capital (WACC) matters, and why multiples are so high right now in the M&A space. Expand your financial literacy and learn more about how to view your business as a financial asset in this episode with Dr. Craig Everett.
// WATCH THE INTERVIEW ON YOUTUBE: Intentional Growth™ Podcast
What You Will Learn

Why it’s important, as a business owner, to understand how to value a business while you own it
What drove Dr. Everett to teach finance after years of consultant work
What cost of capital truly means and how to use it as a rule of thumb to determine whether you are growing the value of your business or if it is in decline
How your weighted average cost of capital (WACC) fits into clearly understanding your multiple
Dr. Everett’s definition of Company Specific Risk and all the factors that go into it
Why venture capitalists are moving back to early stage companies
Why multiples are so high right now
Why your valuation varies depending on the exit you are taking
Why people are choosing an exit to a private equity deal versus IPO

 
// USE YOUR FINANCIALS TO CLARIFY A PATH TOWARDS A MORE VALUABLE BUSINESS: Intentional Growth Financial Assessment
 
Bio:
In addition to being an assistant professor of finance, Craig Everett is also the director of the Pepperdine Most Fundable Companies Initiative, which is a prestigious national startup competition. He is the primary researcher and manager for the Private Capital Markets Project, which publishes a quarterly Private Capital Demand Index and Private Capital Access Index, leading economic indicators. Craig is one of the leading authorities in finance, specializing in private capital markets, entrepreneurial finance, venture capital, business valuation, and financial literacy.
 
Interview Quotes:
11:44  - “I want [my kids] to be able to sit in a meeting, discussing finance, and know what the heck is being talked about. You can’t just Google stuff in the middle of a meeting; that’ll make you look like an idiot.” - Craig Everett

Dr. Craig Everett is on the show today to dive deep (in a way that a normal business owner can understand) into the world of valuations, where they come from, and how the research he leads at Pepperdine University is helping shed light on the middle and lower private markets.
 
Dr. Craig Everett is a finance professor at Pepperdine University and contributor to the Pepperdine Private Market Capital Projects and Executive Director for the Pepperdine Most Fundable Companies. In this episode, Dr. Everett explains why it's important for every business owner to understand their cost of capital, why weighted average cost of capital (WACC) matters, and why multiples are so high right now in the M&A space. Expand your financial literacy and learn more about how to view your business as a financial asset in this episode with Dr. Craig Everett.
// WATCH THE INTERVIEW ON YOUTUBE: Intentional Growth™ Podcast
What You Will Learn

Why it’s important, as a business owner, to understand how to value a business while you own it
What drove Dr. Everett to teach finance after years of consultant work
What cost of capital truly means and how to use it as a rule of thumb to determine whether you are growing the value of your business or if it is in decline
How your weighted average cost of capital (WACC) fits into clearly understanding your multiple
Dr. Everett’s definition of Company Specific Risk and all the factors that go into it
Why venture capitalists are moving back to early stage companies
Why multiples are so high right now
Why your valuation varies depending on the exit you are taking
Why people are choosing an exit to a private equity deal versus IPO

 
// USE YOUR FINANCIALS TO CLARIFY A PATH TOWARDS A MORE VALUABLE BUSINESS: Intentional Growth Financial Assessment
 
Bio:
In addition to being an assistant professor of finance, Craig Everett is also the director of the Pepperdine Most Fundable Companies Initiative, which is a prestigious national startup competition. He is the primary researcher and manager for the Private Capital Markets Project, which publishes a quarterly Private Capital Demand Index and Private Capital Access Index, leading economic indicators. Craig is one of the leading authorities in finance, specializing in private capital markets, entrepreneurial finance, venture capital, business valuation, and financial literacy.
 
Interview Quotes:
11:44  - “I want [my kids] to be able to sit in a meeting, discussing finance, and know what the heck is being talked about. You can’t just Google stuff in the middle of a meeting; that’ll make you look like an idiot.” - Craig Everett

1 hr 8 min