Entrepreneurs Need a Better Way to Cash Out
Harvard Business Review
JUNE 9, 2014
But analysts are judging EBITDA, P/E ratios, quarterly growth, and cashflows – which don’t always correlate with long-term value creation. Lately, some companies have been able to sneak by with lower valuations, because of sufficiently impressive growth. And, too often, our obsession with these short-term metrics has the opposite effect.
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