An important skill as an investment banker is to work with clients to project companies’ future financial performance.  Whether dealing with investors, lenders, or shareholders, all want to know how management sees the next few months, quarters, and years playing out. In the process of developing projections, company management spends hours trying to prognosticate what […]

In January, our colleagues Billy Busko and Betsy White explored in this forum the implications of non-fungible tokens (“NFTs”) and the metaverse for the consumer industry. These topics have recently grabbed the attention of the public and media – in January, Paris Hilton even flaunted her Bored Ape Yacht Club NFT collection on Jimmy Fallon’s […]

Three years ago in the March Madness of 2019, the University of Virginia Cavaliers won the NCAA Men’s Basketball National Championship. Until last week, it had also been three years since the most recent Inspired Home Show, which was also in March 2019. While these events have absolutely nothing to do with each other, I […]

Our objective with The Big Story is to discuss an issue of at least potential importance to the greater market for consumer products every week. Given this goal, we rarely stray into areas of life and death (though we have written extensively on the impact to the economy of the COVID-19 pandemic).  Without a doubt, […]

Billionaire activist investor Daniel Loeb, CEO of Third Point, earlier in February shared with investors his belief that the market is not recognizing the respective full value of Amazon.com’s e-commerce and Amazon Web Services (AWS) businesses, rekindling discussion into a potential break up. In June, a bipartisan group of House lawmakers proposed antitrust legislation against the […]