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Cory’s Chart Corner
Load MoreMore marked-to-fantasy credits hit the windshield.
h/t @NickNemo17Nick Nemeth (Mispriced Assets) @NickNemo17Thoma Bravo turned in the key on Medallia.
$6.4B of equity wiped.
It now carries $3B in debt against $200M of EBITDA.
Blackstone had $1.5b of the debt across their nearly identical retail facing credit funds marked it most recently at 60.3c.
It's now a zero. Credit____________________________
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Monthly Archives: April 2007
Chart of the Day- US Census Bureau estimate of vacant homes for sale 1956-2007
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Global Bubblenomics
Global Bubblenomics Bubbles are defined as incidents where price valuation of a given asset class jumps two-standard deviations above the long-term average growth rate. Bubbles have been a frequent product of human behaviour throughout history. Researchers across many decades and … Continue reading
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