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The Vertical Farming Playbook
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Strategic Finance: A Guide for Value Creation
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Quality of Earnings Checklist for M&A
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Raising or Selling? Preparation for Success
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Converting Convertible Notes
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Our latest thinking
Showing 10 of 68 articles
Valuation409A vs. Canadian Fair Market Value: What Founders With Cross-Border Cap Tables Need to Know
How 409A valuations and Canadian fair market value rules relate, and what founders with cross-border cap tables (US and Canadian optionholders) need to know.
ValuationBusiness Valuation for Shareholder Disputes and Divorce in Canada
How business valuation works in shareholder disputes and divorce: standard of value, valuation date, minority and marketability discounts, and why independence matters.
StrategyDynamic Pricing: How to Use It Without Losing Your Customers’ Trust
A guide to dynamic pricing. Learn strategies and real-world examples on how to implement dynamic pricing without losing customer trust.
StrategyWhat the Best Low-Cost Companies Know That Others Don’t
What do Toyota, Trader Joe’s, and TSMC have in common? Discover how the best low-cost companies build systems for lasting advantage.
Markets and researchAres Strategic Mining: Critical Minerals, Critical Time
Learn about Ares Strategic Mining and its plans to commercialize a fluorspar mine at the Lost Sheep Property in Utah
StrategyCostco’s Strategy for Sustainable Growth
Costco's strategy explained. How the retailer grew globally with disciplined pricing, lean operations, and customer loyalty.
Capital raisingTop 10 Most Active Venture Capital Firms in Vancouver (2025)
Top 10 most active venture capital firms in Vancouver, ranked using PitchBook and Alphabridge’s scoring. Ideal for founders raising capital.
StrategyFlash Express: Strategy Behind Disrupting Thailand’s Delivery Market
Flash Express became Thailand’s first unicorn by disrupting parcel delivery with bold strategy, tech, and rapid expansion.
Capital raisingBusiness Loan: How Banks Lend Using EBITDA and DSCR
Learn how banks evaluate a business loan using EBITDA, DSCR, and leverage ratios. Explore loan types and see a capital stack example.
StrategyHyperlocal Strategy: How Samsung Grew Into a Global Brand
How Samsung used a hyperlocal strategy to grow globally by embedding talent in local markets. A playbook for global growth with local depth.
StrategyBusiness Model Innovation for Small Businesses
Learn how small businesses can use business model innovation to grow, compete, and unlock new revenue streams, without launching new product.
Capital raisingEvergreen Companies: Book Review of Dave Whorton’s Another Way
Discover how evergreen companies grow with purpose and profit. A review of Another Way book by Dave Whorton
Capital raisingHow to Attract Strategic Investors: A Guide for Raising Capital
How to attract strategic investors? Learn how to engage investors who can add more than money and turn your raise into an dvantage.
StrategyEdward Jones’ Growth Strategy to $2T in AUM
How Edward Jones reached $2T AUM with a blue ocean strategy: high-touch service, overlooked markets, and steady investing.
ValuationPrivate Company Valuation: 5 Factors that Drive Value in M&A
Discover the 5 real-world factors that shape private company valuation in mid-market M&A — from revenue quality to industry conditions.
Corporate financeWhat Is a Fractional CFO? Cost, Benefits & When to Hire
Discover what a fractional CFO does, when to hire one, and what it costs — plus how to choose the right partner for your company.
ValuationWhat Is a 409A Valuation? A Simple Guide for Startup Founders
Learn what a 409A valuation is, why startups need one, how it's done, and why working with a professional provider matters for compliance
ValuationBusiness Valuation Multiples Vancouver: 5 Key Drivers
Discover the key drivers that influence business valuation multiples in Vancouver — from growth and earnings quality to local brand equity
Capital raisingVertical Farming Playbook: Canada and US Market Report (2025)
Explore vertical farming trends, growth drivers, and market insights across Canada and the US. Download The Vertical Farming 2025 report.
Corporate financeAmazon’s Negative Cash Conversion Cycle Explained
Amazon’s negative cash conversion cycle gives it unmatched financial power. Learn how this model works and what advantages it offers.
StrategyManagement Entrenchment: A Quiet Threat to Shareholder Value
Management entrenchment quietly destroys shareholder value by insulating executives from accountability. Learn how to prevent it.
Capital raisingHow to Raise Startup Capital In Vancouver: A Guide for Founders
Raise startup capital in Vancouver—from grants and angel funding to VCs, crowdfunding, and financial prep for founders at any stage.
Capital raisingInformation Asymmetry in Venture Investing
Strategies to reduce information asymmetry in venture investing—gain visibility, align incentives, and catch risks before they surface.
Corporate financeNaked Wines Pivot: A Case Study in Growth vs Profit
Explore Naked Wines pivot from growth to profitability. A strategic breakdown of what worked, what didn’t, and lessons learned for founders
StrategyCounterpositioning Strategy: How Challengers Win Against Incumbents
Explore counterpositioning strategy from 7 Powers — how challengers win by doing what incumbents can’t copy without harming themselves.
M&AQ1 2025 VC & PE Outlook
As Q1 wraps up, we're seeing a market that's growing increasingly cautious. The year kicked off with a sense of optimism—public markets surged in late 2024, investors were pricing in aggressive…
StrategyCorporate Defense for Tariffs
Tariffs have now been in effect for nearly two weeks, and many Canadian businesses are asking the same question: are these measures temporary, or the beginning of a longer-term shift…
Corporate financeWhat is Strategic Finance?
What is strategic finance? Strategic finance is a way of using finance to create value by guiding capital allocation and strategy. Explore.
M&AQuality of Earnings Checklist for M&A
Download Article in PDF In mergers and acquisitions, due diligence serves as the bedrock of a well-informed and strategically sound transaction. At its core, this process involves a comprehensive examination…
Corporate financeCash Flow or Profit? What to Focus On?
Profit margins and cash flow are frequently central to evaluating a company's financial health. Yet, our experience indicates that management often prioritizes profits without placing enough emphasis on cash flow.…
Capital raisingHow To Model the Conversion of Convertible Notes
While convertible notes may seem simple, their conversion process requires careful attention and understanding. This article walks through a realistic scenario a founder might encounter after raising capital through convertible notes.
StrategyEverything on Demand: The Growth of the Convenience Economy
Retailers have long recognized the importance of offering value to attract and retain customers. However, as new business models emerge and competition increases, value is no longer sufficient to sway…
Corporate financeThe Modern CFO: Key Traits For Successful Leadership
Having worked and interacted closely with many Chief Financial Officers, we have developed a sense of what makes an effective CFO. No longer just a controller of finances, CFOs are…
StrategyThe Future of AI: Challenges and Realities
We have come to bank on artificial intelligence as the next big leap in technology, promising to revolutionize industries, boost productivity, and transform our daily lives. However, beneath the surface…
M&ASearch Funds for Succession
Search funds give owners a chance to sell to an entrepreneurial buyer who can step change growth. We spoke to Vancouver-based Lnkd Capital
Capital raisingNavigating Startup Funding: Expert Insights on Raising Your First Round
Raising the first round of funding is a pivotal step for any startup that can set the trajectory for its future success. However, this journey can be daunting, especially for…
StrategyTemu’s Strategies for Explosive Growth
Temu has rapidly disrupted the e-commerce market, challenging incumbents such as Amazon, Shein, and Etsy. With a strategy centered on offering a vast array of low-priced products
Corporate financeFinancial Engineering or Value Creation?: Breaking Down the IRR
The IRR is perhaps the most widely used measurement of return in the world of investing. Yet few realize that not all IRRs are created equal.
M&AStructuring a Successful M&A Deal: More Than Just the Money
In the complex world of mergers and acquisitions (M&A), understanding the nuances of deal structuring is pivotal. It's not just about how much is paid, but how and when payments…
Corporate financeDollars and Sense: Pay Attention to Unit Economics
In the intricate world of business, where success is often measured in bottom lines and growth trajectories, understanding and mastering unit economics is a fundamental key to sustainable success. This…
Corporate financeDecoding Project Finance: A Guide for Success
In resource-rich Vancouver, we often come across mining and infrastructure projects that require extensive financial modeling and risk analysis. As such, we have put together this guide to help our…
M&AImpacts of Microsoft’s Acquisition Of Activision on The Gaming Industry
We outline our thoughts on the consequences of the merger between Microsoft (MSFT) and Activision Blizzard (ATVI)
Corporate financeEBITDA: What is it and why is it important?
We delve into the intricacies of EBITDA, its significance, and how it can be effectively used to evaluate a company's financial performance.
Corporate financeThe Role of Financial Modeling in Achieving Business Success
We delve into the reasons why having a strong financial modeling approach is a critical component of achieving your financial goals.
Corporate financeNet Income or Cash Flow: What is the Difference?
In the world of finance and business, two key terms often come into play: net income and cash flow. While they both provide insights into a company's financial health, they…
Markets and researchFinancial Battles: How to Combat Inflation
We delve deep into the strategies that companies employ to fight inflation, backed by real-world examples that showcase their effectiveness.
M&AWorking Capital Adjustment in M&A
Learn how working capital adjustments impact M&A deals, how they’re calculated, and how to avoid common pitfalls in transaction pricing.
Markets and researchThe Fed’s Tightrope: Balancing Inflation and Growth in Uncertain Times
Some economists believe that this recent rate hike may be the last in the current cycle, as inflation has eased from its peak in 2022.
StrategyThe Rise and Fall of Yellow: A 99-Year Trucking Legacy
We explore how Yellow, the 99-year old trucking business, rose and fell. Despite a rich history and efforts to remain competitive through strategic acquisitions and integration plans, Yellow's mounting debt, clashes with the Teamsters union, and changing industry dynamics proved insurmountable.
Markets and researchCanada’s Oligopoly: One Big Country, Few Big Businesses
This article aims to shed light on Canada's oligopoly, exploring its origins, the industries most affected, and the potential implications for consumers and the overall economy.
StrategyAmazon vs. Walmart: The Battle for Grocery Supremacy
Both Amazon and Walmart have been making strategic moves to dominate the grocery market. We delve into Amazon's unconventional ventures, Walmart's relentless dominance, and the challenges and opportunities in the battle for grocery supremacy.Tesla’s Success: How the Carmaker Disrupted the Industry
Tesla has emerged as a transformative force within the automotive industry. We delve deeper into the key factors behind Tesla's success and its ongoing journey of disruption.From Inventory to Cash: How Amazon’s Negative Cash Conversion Cycle Drives Success
Discover the benefits and implications of Amazon's negative cash conversion cycle. Explore its impact on liquidity, profitability, supplier relationships, and market dominance in the retail industry.
Markets and researchAmerica Must Defend the Dollar at All Cost
America's future depends on its ability to defend the U.S. dollar as a reserve currency.
Markets and researchCharts & Events of 2020 – An Alphabridge Special Report
M&ASimon’s J.C. Penney deal defensive, but potentially very profitable – analysts
Following our research publication on Simon Property Group's potential acquisition of J.C. Penney last week, we were interviewed by S&P...
Markets and researchDomino’s Pizza: The Dough Is Rising
The liquidation preference sets a return hurdle that the preferred stock investor will receive before proceeds are paid out to the common stock holders
Perspective12 Books That Shaped Our Thinking
Capital raisingUnderstanding Liquidation Preference and Participation
The liquidation preference sets a return hurdle that the preferred stock investor will receive before proceeds are paid out to the common stock holders
M&AStructuring and Valuing Earn-outs in M&A
An earn-out is a form of contingent payment of used in M&A transactions. It frequently comes into play when there is a large discrepancy between the...
StrategyPreventing Management Entrenchment
At its core, management entrenchment occurs due to the separation of ownership and control. While shareholders are owners, it is the managers that are...
Corporate financeA Crucial Distinction on Financial Modeling
The majority of financial models being built today are developed by untrained professionals. Inside organizations, the task of modeling tends to end up in
Corporate financeMonte Carlo Simulation: Canadian Tire’s Next Quarter Interest Coverage
Monte Carlo simulation (also known as the Monte Carlo method) is an incredibly powerful probabilistic modeling technique used in the evaluation...
Capital raisingKey Capital Raises in the Cannabis Sector
Canopy Growth Corp tops the chart with its $600M convertible debt raise in June 2018, followed by Aphria's $258M financing...
Capital raisingGlobal Unicorn Club
StrategyAmazon’s Negative Cash Conversion Cycle
Amazon is one of the few companies who have a negative Cash Conversion Cycle, meaning they are able to receive payment before paying their suppliers...
StrategyHudson’s Bay Real Estate Play
We believe Hudson's Bay real estate value alone is worth significantly more than the current stock price of $10.92/share.
StrategyTarget Canada: Where it Went Wrong
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