34 lines
1 KiB
Org Mode
34 lines
1 KiB
Org Mode
#+title: Section 8 | Lesson 44 - Debt/Bonds, Interest Rates/Yield Curves, Equity
|
|
#+HTML_HEAD: <link rel="stylesheet" type="text/css" href="../_share/media/css/business.css" />
|
|
|
|
* Links
|
|
- [[./../mba-main.org][TOC | Business]]
|
|
- [[https://www.udemy.com/course/an-entire-mba-in-1-courseaward-winning-business-school-prof/learn/lecture/4282976#overview][S08:L44 Debt/Bonds, Interest Rates/Yield Curves, Equity]]
|
|
|
|
* Notes
|
|
|
|
** late stage VC & VD round
|
|
- year 5-6
|
|
- best VC: Meritech
|
|
- best VD: Silicon Valley Bank
|
|
|
|
** Finance & Accounting differences
|
|
*** accounting
|
|
- accrued revenue and expenses
|
|
|
|
*** finance
|
|
- cash revenue and expenses
|
|
- cost of capital (cost of getting money)
|
|
- cost of equity
|
|
|
|
** Debt
|
|
- nominal interest rate = interest rate of a bank loan
|
|
- real interest rate: rate that government loans banks
|
|
|
|
- liquidity risk: how fast can one turn all his assets to cash
|
|
|
|
- cost of debt = liquidity risk + inflation risk + defautl risk + maturity + real interet rate
|
|
|
|
- risk free rate = real rate of interest + inflation premium
|
|
|
|
** yield curve
|