Valuations

Good part of this week was spend on coming up with valuations for Ventures.    Basically I had to take a 5 year window to get a full value.   I did a lot of research on actual draws and found a very useful site that discusses the risk profiles...

End of week

Had a relatively last few days. The forecast for RedStores has been validated. Gerry and I spent time to review our assumptions and model. The forecast is huge and yet no matter how conservative and pessimistic we try to be it’s giving us really big valuation in...

Mentorship et all

Last week was a busy week – many different activities – preparing for Xmas, intensive cash management, operational challenges (huge volume of orders). But the highlight of last week was me moving forward one step forward to having a mentor. This is one of...

Over the weekend

Few cool things over the weekend. 1st – finally (and I mean finally) after months of work, a US account via HSBC is now close to being opened.  Only took 4 months! 2nd – connected with some smart people about currency movements into China – the way we are doing...

Getting through the noise

First day back in the office – lots of noise.   Catching up on admin things, people things, etc.   Lots of ‘noise’ and the key for next few days for me is to eliminate the noise and to be able to focus on higher level things. So, today, focused on...