Seshadri Nathan Securities Pvt. Ltd. | Open Quiver

Open Quiver is the registered service mark of Seshadri Nathan Securities Pvt. Ltd., India, and Open Quiver Consulting LLC, USA strategic advisory companies

[Seshadri Nathan Securities Pvt. Ltd. | Open Quiver @openquiver]

Final number: $917,000. Not rounded. Not a guess.
We broke down the entire real valuation report (names changed) — the methodology, the twist, the math. Register and watch here - https://t.co/819SnlTxOj (5/5)

[Seshadri Nathan Securities Pvt. Ltd. | Open Quiver @openquiver]

So they used a different method entirely — what it would cost to rebuild the thing from scratch, adjusted for how fast code gets obsolete.
(A $3M build can be worth half that a year later. Software ages like milk, not wine.) 4/5

[Seshadri Nathan Securities Pvt. Ltd. | Open Quiver @openquiver]

The logic: if the company licensed this software from someone else instead of owning it, they'd save money on royalties.
That savings = the value.
Except this software wasn't finished. Finishing it would cost more than the royalty savings, this year.
Savings minus cost = $0. 3/5

[Seshadri Nathan Securities Pvt. Ltd. | Open Quiver @openquiver]

There are three standard ways to value software: look at future cash flow, look at comparable sales, or look at what it'd cost to rebuild from scratch.
The first one — the "future cash flow" method — is what returned the $0. (2/5)

[Seshadri Nathan Securities Pvt. Ltd. | Open Quiver @openquiver]

A company built AI software that watches factory floors and catches safety violations no human inspector would see.
Genuinely valuable. Investors would line up for it.
A valuation firm priced it at $0.
Not a typo. Zero dollars.
Here's why that's not bad news 🧵 (1/5)

[Seshadri Nathan Securities Pvt. Ltd. | Open Quiver @openquiver]

Join me for Kerala’s biggest celebration of entrepreneurship. Looking forward to this version with great excitement to see what it has in store. Let’s connect and inspire each other on this transformative path!
Register here:
https://t.co/tX28ewW2Zx

[Soren Peterson @PillarsProfits]

“It’s like a pie eating contest where the prize is you get to eat more pie”

“Life is too short to just eat pie”

Munger on law careers at #brk2023

[The Investing Unscripted Podcast @InvestingPod]

Charlie Munger on Elon Musk: “He has been enormously successful reaching for unreasonably difficult things. Me and Warren are looking for the unreasonably easy ones.” #brk2023

[The Investing Unscripted Podcast @InvestingPod]

“The investing public does not learn much.” - Warren Buffett #brk2023

[The Investing Unscripted Podcast @InvestingPod]

Buffett has now mentioned Garanimals three times, while Charlie just said that @AswathDamodaran is “out of his mind” in his concerns about Berkshire’s large Apple position. #BRK2023

[The Investing Unscripted Podcast @InvestingPod]

“Back when I got started young men were going through Playboy. I was going through Moody’s.” -Warren Buffett #brk2023

[The Investing Unscripted Podcast @InvestingPod]

Buffett on the political divide: “Partisanship has moved towards tribalism. And tribalism moves towards mobs.” #brk2023

[Chris DeRose | Housing, History, Hotels @chrisderose]

“If you want to know how to live your life, write your obituary and reverse engineer it.” - Warren Buffett. #BRK2023

[Professor Jeremy 🌎 @JeremyHL]

Buffett: “What gives you opportunities is people doing dumb things.” #brk #brk23 #brk2023

[The Investing Unscripted Podcast @InvestingPod]

“The world is overwhelmingly short term focused.” -Buffett #brk2023

[The Investing Unscripted Podcast @InvestingPod]

Charlie on value investing “Value Investors need to get used to earning less.” 🔥 #brk2023

[Brandon Van Zee @BrandonVanZee]

Warren Buffett: “Artificial Intelligence can do remarkable things.”

Charlie Munger: “Old fashioned intelligence works pretty well.”

#BRK2023

[Javier E. David @TeflonGeek]

Munger on AI: "I think old-fashioned intelligence works pretty well," says he's "skeptical of the hype" surrounding latest developments #BerkshireHathaway #BRK2023

[Seshadri Nathan Securities Pvt. Ltd. | Open Quiver @openquiver]

Startup Hotspots in 2021-22 as per economic survey!!