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Haas Venture Capital CompetitionDifferent scenarios with different EBITDAs and cash generation, but the same top line! Believe me, our team had a hard time explaining this to the judges in the final… Copy and paste as values = Playing with a loaded gun!
Model for the Strategy Game“We can't lower prices. At $180 the NPV is negative” The model was designed to be ran with prices in the range $200-400! Models can only be used for what they were designed for!
Accounting Equation? Never happens in excel!To assure that A = L + SE, analysts tend to plug total values for each category… It is embarrassing though when adding the different entries for each category you get a different total value! Double check, always! Never plug values for totals!
1,699,892 = 2,212,228
2,212,228 = 2,212,228