FMP
Sep 22, 2021 6:10 PM - Davit Kirakosyan(Last modified: Dec 19, 2023 5:49 PM)
Tuesday it was announced that Sorare, an NFT fantasy football platform raised $680 million in Series B round, which represents one of Europe’s largest Series B funding rounds, giving the company the valuation of approximately $4.3 billion now. The round was led by Softbank.
Following the phenomenal growth of NFTs in 2021, Sorare seeks to tie the billion-dollar NFT industry to the multi-billion-dollar fantasy sports market, which is around $8.4 billion in the U.S alone.
Oct 31, 2023 8:03 AM - Parth Sanghvi
Free cash flow to the firm (FCFF) and free cash flow to equity (FCFE) are two of the most important metrics used in financial modeling. Both metrics measure the amount of cash that is available to a company's shareholders and creditors, but there is a key difference between the two. FCFF measures...
Nov 25, 2023 6:39 AM - Parth Sanghvi
Choosing the Right Valuation Method: DCF vs. Comparable Companies Analysis Introduction: Valuation methods play a pivotal role in determining the fair value of a company, aiding investors in making informed investment decisions. Two commonly used methods, DCF Valuation and Comparable Companies A...
Dec 23, 2023 2:19 AM - Parth Sanghvi
Introduction: Discounted Cash Flow (DCF) analysis stands as a cornerstone in valuing investments, yet its efficacy is contingent upon various assumptions and methodologies. While a powerful tool, DCF analysis comes with inherent limitations and challenges that investors must acknowledge to make i...