Marc Deschenaux

A CAB is a firm solelyengaged in advising companies on mergers and acquisitions, advising issuers on raising debt and equity capital in private placements with institutional

The need for experts has never been greater historically than it is today. Whether in a political, scientific, institutional, technological, urbanistic or judicial framework, everywhere, more and more experts are needed. Our environment and our society is becoming more and more sophisticated and demanding. Paradoxically, apart from a few branches such as accounting and real … Read more To Be or Not to be Expert: That is The Question

To invest money an investor asks the typical following questions: How much do You need in total for Your project ? How do I recover my investment ? How long until I recover my investment ? What is my Guarantee? What are the risks ? Have You done it before ? What are the critical … Read more Investment Principle and Capital Raise

In this time of crisis, we systematically wonder about its causes, which are many. These include the low margins of the companies arising from laws promoting competition. The thin margin creates a lack of reserves, therefore a privilege of short-term over the long term. The reasoning is simple: there is no reason to think long … Read more The Perpetual Company

This is a true story, just as it happened. In these times, Mohamed and I were spending our time in the Noga Hilton –today called Kempinski- of Geneva, Switzerland. Mohamed was a lazy student, with plenty of money. I was then a trader doing very good. We were meeting three evenings -or should I say … Read more The Power of One or the Definition of Genius

How long will it take to raise the money we intend to raise?How long does it usually take to raise X million?When can you guarantee me that I will get X million? Entrepreneurs always ask me those questions of timing for all the good reasons they have. Capital raise is a seduction game. Thus their … Read more Capital Raise Timings or When shall we recieve the money?

Most entrepreneurs write their business plan as a shopping list and a description of how they intend to build their project. Except for themselves and maybe a few, family, friends and fools who love or admire those entrepreneurs, nobody cares about it. At least not an investor, unless he perceives feasibility itself as an issue. … Read more Private Equity Investment: Where is the Exit, please?

Which currency is stable over time and not subject to inflation?None. The reason why is simple: Every currency is: A borrowing tool for the government, directly generating severe inflation. Victim of poor management. Political. No longer covered by gold. Historically, the gold standard secured against effects of inflation and deficit spending. It was guaranteeing the … Read more The ‘Simple’ Solution to Inflation

First, let’s understand authoring rights: Mr. Composer Author married Ms. Lyricist Author and thus they became the Co-Author couple. They made a half a baby: the Music Score. Why is this half a baby? Because the music score is only the dna of a music work. They have moral rights on the music score. “Moral … Read more Story for understanding music Copyrights

It is always difficult to begin learning a new language. The term used by the specialists is clear: they refer to it as language barriers. Normally, 300 hours of study are necessary to break through language barriers.Thank to this ‘Keywords’ method, the same result is easily reached within less than a day. As all language … Read more Icebreaking Method to Learn a New

“In theory and practice, the term business model is used for a broad range of informal and formal descriptions to represent core aspects of a business, including purpose, business process, target customers, offerings, strategies, infrastructure, organizational structures, sourcing, trading practices, and operational processes and policies including culture. The literature has provided very diverse interpretations and … Read more Business Model: A simple Financial Definition

Many entrepreneurs do not understand the reasons why the Initial Public Offering of a share of common stock (also known as “IPO “) makes money? The value creation of an IPO arises mainly from the difference of valuations between the private and public markets. The Private Market values the Assets. Thus, a bakery that has … Read more How & Why an Initial Public Offering makes Money

The Funding Rounds Method In the old days, up until 1995, there was only the funding rounds method. Here is how it went: each time we needed to distribute a securities issue we were fixing a price according to the current state and valuation of the company who was the issuer. The main problems with … Read more Incremental Price to Speed Up and Stabilize Private Equity Fundings Rounds

Il a des idées sur tout, mais il a surtout des idées. Coluche He has ideas over all, but overall he only has ideas. Coluche (french comic) You just had an idea, simple, original and the few selected friends you shared it with consider it genial and serely lucrative. Of course, each one of them … Read more The Idea