EBIT
topic on 4 shows · 6 statements across 6 episodes
Innovators & Investors 
the Knowledge Project 
Capital Allocators 
20VC
6 statements about EBIT, every show
Dorsey: Meta Became Wildly Undervalued Trading at Nine Times EBIT in 2022
“It certainly got wildly undervalued at one point in late 22 when it was nine times EBIT.”
Petersen: Flexport will IPO in a couple of years after hitting a few hundred million EBIT
“I'd like to be a nicely profitable, making a few hundred million of EBIT and then we'll go public. So it could happen in a couple of years. It should, like the way that things are going right now, we should be able to get there.”
Cool: Relying on EBITDA creates false confidence because D&A is real
“Our view on sort of EBITDA is there's some industries where it makes sense, but in most industries, depreciation and amortization is real, and so if you focus on that, I think you sometimes give yourself false confidence in terms of what the business really lo…”
Sullivan: PE adopted EBITDA in the 1990s to mask rising valuation multiples
“There was a time, probably in the early nineties, where people stopped talking about EBIT multiples, earnings before interest in taxes, and started talking about EBITDA multiples, heading in depreciation and amortization. I think they hoped nobody would notice…”
Benton: His Studio Mandates New Startups Reach Breakeven Within 18 Months
“My partners and I are GPs in a studio. We talked about it earlier. That is entirely cashflow focused. The mandate when we launch a new business is that it'd be breakeven within 18 months and be EBIT you know, considerably EBIT contributing shortly thereafter.”