Eqvista Blog

Founders’ guides to equity, valuations, and company growth.

How Do Dividend Recapitalizations Work for Fund Managers?

Dividend recapitalizations involve issuing new debt to pay out a special dividend to investors. If you compare the before and after snapshots of the capital structure, you will notice that some of the equity is replaced with debt after a dividend recapitalization. Companies pursue dividend recapitalizations as an alternative exit facility that doesn’t drain its …

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Why Renting AI Is Holding Your Business Back — And How Monostate Is Fixing It

In this interview, Eqvista speaks with Andrew G. A. Correa, Founder of Monostate, an AI company focused on making it easier for teams to build and deploy custom, high‑performance models for specialized tasks. With a background in artificial intelligence research and hands-on experience turning advanced ideas into practical tooling, Andrew is helping redefine how companies …

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Eqvista’s Real-Time Company Valuation® Case Study: Surviving the Fintech Crash – The STEP Story

Disclaimer: Eqvista Real-Time Company Valuation® is an AI-driven estimate for informational purposes only; it is not a certified 409A valuation or a substitute for legal, tax, or investment advice. The Illusion of the Peak  In 2021, consumer banking app Step rode the fintech boom to a massive $1 Billion valuation. Fast forward to February 2026, …

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Why PPA Matters More Than Just Day 1 Accounting: Earnings, KPIs, and Investor Perception

Many acquirers treat purchase price allocation (PPA) as a tick-box exercise. In reality, PPA shapes reported earnings, key performance indicators (KPIs), and investor narratives for years. When you allocate purchase price across identifiable assets and liabilities on the acquisition date, your decisions effectively determine amortization schedules, impairment risk exposure, deferred tax bases, and even exposure …

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Financial Scenario Modeling For Startups

Not sure which financing or exit scenario is the best for your business? This question comes to mind for many private companies looking for financing options for their future growth. Now that companies have more liquidity and financing options at their disposal, this creates the need for more sophisticated financial scenario modeling. Even though companies …

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Top Business Valuation Companies (2026)

A business’s true value is a central theme in all fundraising rounds and IRS audits. In fundraising rounds, not only does valuation determine the amount of equity given up for the required investment, but it also affects how the early investors are compensated. In mergers and acquisitions, a consensus about the business valuation can be …

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Behind the Scenes of a $25B+ Unicorn Valuation

There are more than a trillion dollars of private capital riding on the 1,568 active unicorns worldwide. For companies at this scale, the smallest valuation deviations can materially change deal economics, affect tax outcomes for thousands of stakeholders, and alter performance incentives for founders and executives. Eqvista was recently plunged into this high-stakes environment, having …

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Transforming Global Finance: Tria’s Vision for a Borderless Neobank

From esports to Ethereum mining to building a borderless neobank, Parth’s journey is a study in how curiosity and technical rigor can shape the future of money. In this interview, Eqvista speaks with Parth, Founder and Tech Architect of Tria, a next-generation financial platform that’s redefining what it means to move, store, and grow digital …

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Eqvista Real-Time Company Valuation® Case Study: Tracking at a Massive Scale – SpaceX Valuation

Disclaimer: Eqvista Real-Time Company Valuation® is an AI-driven estimate for informational purposes only; it is not a certified 409A valuation or a substitute for legal, tax, or investment advice. The Challenge How do you accurately track the value of a private company operating at the massive scale of SpaceX? For the world’s most valuable private …

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Reddit shareholders from Start to IPO

When Reddit went public on March 21, 2024, it marked a defining moment for one of the internet’s most influential platforms. This wasn’t just another tech IPO; it was the moment when a community-driven platform, famous for championing retail investors during the 2021 meme-stock frenzy, asked those same investors to bet on its own future. …

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Debt to Equity Ratio by Industry (2026)

Last Updated: March 2026 Different industries have different capital needs, risk profiles, and cash‑flow stability, so they naturally settle at different leverage levels. A D/E number that looks risky in one sector can be perfectly normal in another, which is why cross‑industry comparisons are often misleading. The debt-to-equity ratio is crucial for assessing financial health. …

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Strategic Discipline in Fund Asset Allocation

Conventional investing wisdom suggests investing across multiple asset classes for diversification benefits and managing liquidity needs. Disciplined asset allocation also ensures operational efficiency at the fund-level. As a general partner (GP), you must balance opposing objectives, such as maximizing capital deployment and creation of reserves for operational expenses and strategic reinvestments. This requires you to …

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From Klarna to AI Dominance: Daniel Espejo on the Rise of Omnia

As AI assistants rapidly become the new gateway to information, search, and discovery, entire industries are being reshaped once again. Standing at this inflection point is Daniel Espejo, Founder and CEO of Omnia, a company pioneering the emerging field of AI engine optimization—helping brands understand, measure, and improve how they appear inside AI-driven answers. After …

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Eqvista Is Officially the #1 Equity Management Platform on G2

Eqvista is now ranked #1 in equity management on G2, not by analysts, not by a panel, but by the founders, finance leaders, and investors who run their cap tables on it every day. For a space crowded with legacy tools and spreadsheets, this is a strong signal that the market is voting with real …

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Albert Swantner on Revolutionizing CPG Through Wellness Brand Roll-Ups

In this edition of Founder Spotlight, we talk with Albert Swantner, CEO and Co-Founder of Nameless CPG, a trailblazing Austin-based company revolutionizing the consumer packaged goods (CPG) space through strategic brand acquisitions. Albert, a serial entrepreneur with a mechanical engineering background from the University of Texas at Austin, brings deep expertise from prior ventures such …

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Mergers and Acquisitions Valuation Multiple 2026

In the M&A market, understanding where your target company sits on the valuation spectrum is half the battle. This analysis provides a practical roadmap for investors, founders, and acquirers, mapping valuation multiples across 11 major sectors and over 170 sub-industries. Whether you’re screening potential acquisitions, negotiating price, or setting fundraising expectations for 2026, these benchmarks …

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Price-to-book Ratio By Industry (2026)

Last Updated: February 2026 One financial valuation statistic used to compare the current market value of a company to its book value is the Price to Book Ratio (also known as Market to Book Ratio). The book value is equal to the company’s net assets and is derived from the balance sheet. In other words, …

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Record Volumes, Zero Visibility: The Paradox of the 2026 Secondary Boom- Eqvista Real-Time Company Valuation

In 2026, the secondary stock market, particularly for private company shares, finds itself at a critical crossroads. While the market is celebrating record-breaking transaction volumes, it continues to grapple with a fundamental structural flaw: a total lack of past price transparency. Unlike public exchanges, where every tick and trade history is a matter of public …

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Beneath the Surface: The Story Behind Tethys Robotics and the Future of Underwater Autonomy

In the world of underwater robotics, where visibility is low and conditions are extreme, Tethys Robotics is charting a bold new course. Founded by Jonas Wüst, a former ETH Zurich researcher, the company is redefining how subsea inspections are carried out, combining autonomy, precision, and sustainability in ways that traditional ROV systems can’t match. What …

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5 Hard Truths About Expanding Our Services from Series B Companies to Unicorns

When a company crosses the billion-dollar threshold, everything changes. The valuation methodologies that worked for Series A and Series B rounds suddenly feel inadequate. The stakeholder expectations multiply. The regulatory scrutiny intensifies. And for valuation analysts, the margin for error shrinks to near zero. At Eqvista, we built our reputation delivering accurate, audit-defensible 409A valuations …

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