Favorite team:LSU 
Location:Baton Rouge
Biography:
Interests:
Occupation:Student
Number of Posts:124
Registered on:11/4/2008
Online Status:Not Online

Recent Posts

Message
Lucy's is a 25-30yo crowd, it will probably be packed for the game. Walk-Ons/Happy's/Roux House is right there, but you can bet they will be packed too. College Gameday will have part of its crew set up on the corner of Loyola and Poydras, so anywhere in that area will work. Ernst is great (anywhere on/near Fulton is great). I would also throw in Capdeville, Handome Willy's (good local over 30 crowd), and the Rusty Nail.

Can't really go wrong if you stay away from bourbon.

re: Another Similarity to '03 and '07

Posted by MartyMcfly on 9/30/11 at 1:21 pm
Would it be so bad if we won only every four years in New Orleans (assuming the current rotation remains)? Think about the continuity: 03, 07, 11, 15, 19, 23.

I would definitely take 6 NCs in twenty years, all in NOLA.
Anyone know a Baton Rouge radio station playing the game?
I know this thread is about Bonstonker, but does anyone remember KtownTigerv2? I am not sure what his TD name is, but his videos were always amazing. Whatever happened to him?

He made a few good LSU vids, then he made the four video series "Mission to Miami" about the Saints' Super Bowl run, then he disappeared. All of his videos were taken down for copyright reasons. If anyone knows where I can find his videos, please fill me in. I hope this guy got a job making videos, because he was pretty damn good at it.

re: Business Valuation

Posted by MartyMcfly on 3/28/11 at 2:03 am
Yellowfin

As you are likely already aware, putting a price on a company is one of the more difficult things to do in business. You can ask 1000 different people about valuation and you will get 1000 different answers for how much your company is worth. Before I dig in, I should qualify myself by letting you know that I have a start-up here in Baton Rouge and we recently closed on our Series "A" funding at a reasonable valuation. The valuation number that we landed on would be viewed by most as arbitrary, although it was the result of a series of conversations and negotiations with our investors.

That said, there are a number of questions I would ask before giving you a direct answer. Most importantly, why are you looking for a valuation? Are you looking to be acquired, are you looking for funding, or are you just interested in how much your company is worth? Whatever the reason, there are a number of variables that will affect your valuation:

-How long have you been in business?
-How many employees do you have?
-What amount of capital did you use to start your business and where did you get it?
-Are you the sole owner?
-What type of business is it? (Products, Services, Technology, etc...)
-How big is the market you serve? Is there potential for growth into larger markets?
-What does the competitive landscape look like?
-What is your month-over-month growth rate in revenue since you started? Is it increasing/decreasing/steady?
-What is your projected month-over-month growth rate in profit for the next 12, 24, 36 months?
-Do you have the potential to achieve economies of scale with your business model? (in other words, are your margins stuck at 25% or can you improve it by lowering operational costs)
-On average, how much of your gross profit are you re-investing into your business to fuel growth?

These questions provide a decent foundation to gain a better understanding of your company's potential, however they are only a start. If you have $45K in assets, I would assume those are capital expenditures which depreciate over time, and are somewhat irrelevant in your valuation (the alternative would be knowledge based assets or human capital which would require another level of complexity to your valuation).

Valuations are largely based on realistic potential rather than current earnings and net worth. There are intangibles that go along with your business that include the customers you currently serve, the brand equity that you have built with your company, etc... These things are factored into your valuation and, thus, should not be ignored.

I have heard people try to define a standard multiplier for valuations.
For example:
4 x End of Year run rate (which is your most recent month of revenue x 12 x 4)
2 x gross revenue + the enterprise valuation at the time of your initial funding round
10 x gross profit + enterprise value

There are many more formulas like this, but to know which one to apply depends on a number of missing pieces. The short answer is that there is no rule of thumb, the entire process of valuation is extremely subjective and should be treated as such. I would suggest talking to someone who has experience with business (specifically with buying, selling, or investing in companies), they will be able to help you narrow your scope of valuation to a reasonable range. If you are really in need of help or you lack the resources, I might be able to help.

Very high level, it seems as though you have a pretty good operation going, and I hope you continue to grow your business. Don't get too frustrated with valuations, they are not as important as growing your revenues and sustaining profits. Aside from that, don't take nominal valuations from rantards (myself included).

(For what it's worth, I would put your company at about $250K, but that is an almost completely blind valuation)

re: 2011 All Name Team

Posted by MartyMcfly on 2/4/11 at 11:55 am
quote:

liquid rabbit


quote:

Or Lapostrophel?


Made me spit up my coffee... truly hilarious!

re: 320, 334, 333, 315

Posted by MartyMcfly on 2/2/11 at 11:05 am
5 kids in this class over 300lbs, Freak is 295lbs. Rock solid in the trenches IMO. 25% of this class is near 300lbs or more!

re: I ain't even mad!

Posted by MartyMcfly on 2/2/11 at 10:22 am
Does anyone else think that the Freak looks slightly similar to Mr. T with that mohawk?

quote:

5 straight titles


...true story

re: Clowney to USCe or BAMA...

Posted by MartyMcfly on 2/1/11 at 9:31 pm
quote:

les is like Mariano Rivera when it comes to closing


Quote of the night... might turn that into a sig, very nice work, Chuck U Farley.
Rather than just "Eye of the Tiger," how about "Trough the Eye of the Tiger?"

re: $1500-2k, what to invest in?

Posted by MartyMcfly on 2/1/11 at 5:30 pm
Put it all on Starbucks. That new logo is going to put them over $40.share...
Purple Tiger 20

Marketing tip that you are likely already aware of:

Set up a simple ecommerce-backed website and gather as many pre-orders as possible. You can likely use TD.com as a lead generator (for example all of the people in this thread who say they will buy one/many need to put their money where there mouth is!). However, I do not know if this is legal or in line with what TD.com's best intentions are as a business. I will refer to Chicken on this one.

Doing this adds validity for anyone questioning "Who will actually buy this DVD." A pre-order is simply an intention to buy once it is released, you don't have to charge the potential customers' cards. I did this for my business and it made a world of a difference.

Just a thought.

And yes, I would buy the box set, just make sure the soundtrack is palatable.
Am I the only one who likes Moscona?
I think that footage from the Tennessee camp brought it home for a lot of fans. TM went step for step with some of the best WRs in that class (I think I remember him going up against 6'5" Kyle Prater and getting a pass deflection in the endzone). Reminds me of watching Chad Jones in the 2007 season, just a mean dude.
SlowFlowPro, have you read "Freakonomics?" If you have not, I strongly recommend it. A good bit of the book is answering the question of why people cheat, commit crime, etc. Not to ruin the ending (as if there is an ending in observational non-fiction), but the point the authors are trying to make is that human beings take action and make decisions based on incentive. I think this idea is at the root of your question. Economics as a science is more concerned with finding causation between two or more independent variables. To your point, psychology certainly plays a part in that most (if not all) people are innately driven by incentives and personal gain. Perfect example: Nucky Thompson send a crate of Pimm's Cup to the senator with a note that reads "I do expect to have everything" (an obvious reference to the scene where Nucky bribes to get government money for new roads).
First game ever - 2000 loss to UAB (very forgettable, but the fireworks were nice).

Second game - 2000 OT win over Tennessee (rushed the field).