capital

Risk is an unnecessary (p)art of the deal

To identify where risk is a real part of the investment deal you will commonly hear an equity firm or VC partner claim, we invest in the people.  When it comes to costs, human capital usually represents nearly 70% of all operating costs, but most investment firms focus investment decisions and deal valuation not on [...]

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All projects are human capital projects

The valuation of a company usually involves 4 areas: physical capital, financial capital, intellectual capital, and human capital Valuation is a combination of science, art, and straight voodoo (Enron anyone???). Voodoo aside, when I recast these valuations from a new angle, I see each relies, in their entirety, on people: physical capital – people are [...]

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