121 Capital Partners

Quantitative + Fundamental Investing
Equity | Commodities | Options | Multi-Asset Class
Quantitative:- Finance | Analysis | Trading
| - Trading Desk - |

[121 Capital Partners @121Capital]

#unicorn #valuation #finance

[Ilya Strebulaev @IlyaStrebulaev]

Unicorn exit valuations vary widely, w/ many under $1B & some over $10B. Exit type also affects valuation, w/ direct listings having highest mean of $11B. IPOs, Acquisitions, SPACs & Out of Business follow w/ $4, $2.5, $2, & $0.04B respectively. #unicorn #valuation #finance

[121 Capital Partners @121Capital]

#unicorn #unicorns #startup #VentureCapital

[Ilya Strebulaev @IlyaStrebulaev]

How long does it take for college graduates to found a unicorn startup? On average, it takes 11 years after graduation for 23 colleges with most unicorn founders. @BYU and @UW graduates take <6 years, while @UCLA , @UCBerkeley, and @Technion graduates take >15 years. #unicorn #founder #vc #startup #graduation #education #college

[121 Capital Partners @121Capital]

#VC #VCreturns #unicorns #VCmarket #startups #VentureCapital

[Ilya Strebulaev @IlyaStrebulaev]

VC returns vary greatly by vintage year. Exited unicorns from 2000 had a 4.2x exit/raised ratio, while 1998 and 2012 saw ratios of 19.9x and 12.9x. VC market upheavals lead to lower unicorn ratios.

#startupinvesting #vc #unicorns

[121 Capital Partners @121Capital]

#copper #copperdemand

[Win Smart, CFA @WinfieldSmart]

COPPER 🟠 DEMAND

[121 Capital Partners @121Capital]

#unicorns #founders #startup #VentureCapital

[Ilya Strebulaev @IlyaStrebulaev]

Founders stat #unicorns at many different ages. For the sample of over 2,700 #founders of US-based VC-backed unicorns, the average (median) age is 35 (33). 27 started unicorns in #teens, 16 over 70yo, almost 40% start in their 30s. #age #startup

[121 Capital Partners @121Capital]

#Renewables #USgrid

[Science Is Strategic @scienceisstrat1]

Renewables are eating the US grid ⚡️

[121 Capital Partners @121Capital]

#DCFvaluation

[Compounding Quality @QCompounding]

Do you know how to value a company properly?

Today I am sharing a free course about DCF valuation.

It tells you everything you need to know about a company's fair value.

[121 Capital Partners @121Capital]

#cosmeticsindustry #beautyindustry #skincareindustry #business

[Tiho Brkan @TihoBrkan]

Eight giants of cosmetics, beauty and the skincare industry.

[121 Capital Partners @121Capital]

#unicornfounders #founders #founder #unicorn #unicorns #venturecapital #education #university #startups

[Ilya Strebulaev @IlyaStrebulaev]

For undergrad majors, top colleges vary a lot by # of unicorn founders. @CarnegieMellon is in top 3 only in CS, @DukeU in Econ, @UW and @ASU in Bus, @Penn, @BostonCollege, and @SyracuseU in Fin, @UChicago in Chem, @nyuniversity in Math, and @UTAustin in Psych. #founder #unicorn #venturecapital #education #university

[121 Capital Partners @121Capital]

#agromarkets #agriculture #cornyield

[Karen Braun @kannbwx]

🇺🇸USDA's U.S. #corn yield model is based on a weather-adjusted trend over 1988-2022 and assumes normal planting pace and summer weather. If I draw a simple linear trend through 1988-2022 with no exclusions or other adjustments, I land smack dab on 181.5 bu/acre for 2023. But...

[121 Capital Partners @121Capital]

#founders #VentureCapital

[Ilya Strebulaev @IlyaStrebulaev]

New study on corporate VCs (CVCs): Over 50% of CVCs have a planning horizon of <2 years; many CVCs are evaluated on a quarterly basis. Only for a quarter of CVCs horizon >5 years. US companies are more short-term. Do parents shoot themselves in the foot with short-termism? #cvc #vc #VentureCapital

[121 Capital Partners @121Capital]

#spacelaunches #spacebusiness

[Adam Nash @adamnash]

Boom. 🇺🇸🚀

[121 Capital Partners @121Capital]

#DunningKruger

[Compounding Quality @QCompounding]

The Dunning-Kruger effect:

[121 Capital Partners @121Capital]

#Delhi

[121 Capital Partners @121Capital]

#StartupLocation #unicorns #startups #VentureCapital

[Ilya Strebulaev @IlyaStrebulaev]

Startup location matters. 15% of US unicorns changed HQ between founding and securing $1B+ valuation. CA, NY, MA &amp; TX were popular choices. Recently, CA startups move to TX, FL &amp; NV.
#ca #ny #ma #tx #fl #nv #us #unicorn #startup

[121 Capital Partners @121Capital]

#MBA #INSEAD #France #India #UK #Australia #startups #unicorns

[Ilya Strebulaev @IlyaStrebulaev]

16% of US unicorns founded by #MBA holders studied at non-US business schools. @INSEAD in France leads with 8 unicorns, followed by @CollerTau in Israel with 6 and @LBS in the UK with 3. Israel leads with 12 founders, followed by #France, #India, #UK, and #Australia.

[121 Capital Partners @121Capital]

#birthrates #population #economics

[Brookings Econ @BrookingsEcon]

U.S. births have returned to a downward trend, according to new research by @kearney_melissa and @phil_wellesley -&gt; https://t.co/P42WkMPcxq

[121 Capital Partners @121Capital]

#quantumcomputing #economics

[roula khalaf @khalafroula]

New from FT Visual storytelling team: Fabulous visual explainer on quantum computing
https://t.co/SsEXWQYLiK

[121 Capital Partners @121Capital]

#WorldMap

[Terrible Maps @TerribleMaps]

World map according to fish

[121 Capital Partners @121Capital]

#Orlen #Poland #economics

[roula khalaf @khalafroula]

Fascinating read

Orlen: is Poland’s energy giant a tool of the government? via @FT
https://t.co/K2GYS6Jmj1