The Motley Fool

FEBRUARY 14, 2024

We drove strong financial performance in the fourth quarter, delivering an impressive finish to our first year as a public company. and foreign operations related to a legal entity restructuring implemented in anticipation of the IPO and separation. Andrew Obin -- Bank of America Merrill Lynch -- Analyst Hi, guys.

Securities and Exchange Commission (SEC) 130

Securities and Exchange Commission (SEC) Capital Banks Shareholders 130

The Motley Fool

FEBRUARY 16, 2024

I would like to turn the call over to Stanton Dodge, chief legal officer. Stanton Dodge -- Chief Legal Officer Good morning, everyone, and thank you for joining us today. Our next question comes from Shaun Kelley with Bank of America. Shaun Kelley -- Bank of America Merrill Lynch -- Analyst Hi, good morning, everyone.

Legal 130

Legal Capital Leveraging Banks 130

The Motley Fool

MAY 16, 2024

In financial services, we provide core banking solutions to numerous banks globally. As I mentioned before, and it's even more clear to me now, there were missed opportunities in the past to rationalize systems, processes, legal entities, go-to-market, and delivery functions. Bryan Keane -- Deutsche Bank -- Analyst Hi, guys.

Resale 130

Resale Consulting Consultants Debt 130

The Motley Fool

OCTOBER 31, 2023

I would pick that one because I think they're as close to a monopoly as you could find a legal monopoly in their niche. It's a company with $8 billion in net cash in the bank, so it's not going to have any solvency issues at Airbnb. It's not a company that isn't profitable. My answer would be Airbnb , ticker symbol ABNB.

Legal 130

Legal Banks Portfolios Companies 130

The Motley Fool

MARCH 14, 2024

Do you invest that into the S&P 500 , which is annualized 11% per year real returns acting on inflation, had I invested into that, that money I saved from switching to Intuit, I would have a nice little piggy bank full of cash, which is nice. Of course now they have a lots of different challenges on the legal side. The Bank of N.T.

Banks 130

Banks Consulting Consultants Companies 130

The Motley Fool

MAY 13, 2024

For those who don't remember, Silvergate Capital was caught up around the time the Silicon Valley Bank had its big meltdown. But what Silvergate is best known for is getting caught up in the FTX meltdown because they were the crypto bank. Another is the former Uber Elevate, which is now a public company called Joby Aviation.

Professional Services 130

Professional Services Debt Capital Leveraging 130

The Motley Fool

OCTOBER 30, 2024

Joining me on today's call are Brian Armstrong, co-founder and CEO; Emilie Choi, president and COO; Alesia Haas, CFO; and Paul Grewal, chief legal officer. First, capital requirements for our regulated legal entities. To be clear, we are an operating company and not an investment company. Ken, this is Paul Grewal.

Assets 130

Assets Legal Shareholders Capital 130

The Motley Fool

OCTOBER 11, 2024

Meade -- General Counsel and Chief Legal Officer Good morning, everyone. We believe the continued path of central bank normalization will support sustained inflows across bond funds, ETFs, and institutional accounts. Operator instructions] We'll go first to Craig Siegenthaler from Bank of America. Christopher J.

Assets 130

Assets Leveraging Mergers and Acquisitions Capital 130

The Motley Fool

JULY 31, 2024

And our stock-based comp expense in Q2 was the lowest in our history as a public company. As previously disclosed, the first payment of our class action legal settlement was made in the second quarter which reduces the cash flow in the quarter by $29 million. Jeff Seiner -- Deutsche Bank -- Analyst Hi. Very helpful.

Legal 130

Legal Capital Public Companies Banks 130

Private Equity Wire

AUGUST 3, 2023

According to the UN , “[a]t the current rate of progress, it is estimated that it will take up to 286 years to close gaps in legal protection and remove discriminatory laws, [and] 140 years for women to be represented equally in positions of power and leadership in the workplace.”

Legal 52

Legal Public Companies Prospects Private Companies 52

The Motley Fool

MARCH 30, 2024

David Gardner: In fact, surveying a list of some of these, many of them are financial or actually just flat-out banks, so J. Morgan , Wells Fargo , Citigroup , I do see that Pfizer ; I didn't know this was founded in 1849 as Charles Pfizer & Company, which I had no idea. What might you name your bank? Bill Mann: Yeah.

Banks 130

Banks Companies Bidding Investing 130

The Motley Fool

FEBRUARY 28, 2024

This is the 13th consecutive quarter as a public company in which we have met or exceeded our revenue guidance range. And we've saved, you know, God knows how many person weeks of legal associates, where now they can just edit it and get it done. Unbounded liability is a problem for Bank of America.

Liabilities 130

Liabilities Due Diligence Professional Services Legal 130

The Motley Fool

NOVEMBER 6, 2024

Do you have to reduce rev rec, will opex rise on increased legal costs? If you -- I know it's tricky to talk about legal things, but if you can shed any light on that, I'm sure it would be helpful. Your next question comes from the line of Ross Seymore from Deutsche Bank. Rene Haas -- Chief Executive Officer Sure.

Amortization 130

Amortization Legal Banks Shareholders 130

The Motley Fool

AUGUST 22, 2024

Early adopters from the education, legal, and B2B sectors are pioneering ERNIE agents and have already seen a notable increase in effective sales leads. We were the first public company globally to launch a GPT-like model in March of last year. And I'm confident we will maintain our leadership going forward.

Leveraging 130

Leveraging Education Consulting Consultants 130

The Motley Fool

AUGUST 3, 2023

Joining me on today's call are Brian Armstrong, co-founder and CEO; Emilie Choi, president and COO; Alesia Haas, CFO; and Paul Grewal, chief legal officer. Paul Grewal -- Chief Legal Officer Thanks, Anil. But as in everything we do, we're going to do it in a compliant and trusted, legal, regulated way. We expect to win.

Securities and Exchange Commission (SEC) 100

Securities and Exchange Commission (SEC) Assets Legal Shareholders 100

The Motley Fool

FEBRUARY 1, 2024

2023 marked our 25th anniversary as a public company. And we thank our employees, we thank our customers, our service providers, our banks, and our investors for the contributions to this success. Our next question comes from Neel Mitra with Bank of America. Neel Mitra -- Bank of America Merrill Lynch -- Analyst Got it.

Capital 130

Capital Debt Assets Banks 130

The Motley Fool

AUGUST 4, 2023

is on pace to deliver similar rates as 2022 while exiting the year with significantly less activity as public companies continue to demonstrate discipline. But what we have guided to and what you can bank on is it's the minimum of 60%. Operator Our next question comes from Doug Leggate of Bank of America.

Shareholders 130

Shareholders Capital Assets Banks 130

The Motley Fool

MAY 9, 2024

Corporate shared service expenses, including the impact adjusted EBITDA, which includes centralized functions such as human resources, finance and accounting, legal, IT and the incremental expenses associated with being a public company, totaled $16 million in the first quarter, down almost $2 million from the comparable first quarter of 2023.

Capital 130

Capital Banks Funds Amortization 130

Fortune Financial

NOVEMBER 17, 2021

The number of public companies you can invest in is less than half where it was 25 years ago,” said Freisner. Since the financial crisis in 2008, banks and other traditional lenders have moved away from loans to small businesses they consider riskier. Consider Adding an Alternative Investment to Your Portfolio.

Stock Market 52

Stock Market Stock Market Private Equity Firms Investing 52

The Motley Fool

AUGUST 19, 2024

At full disclosure, I had discovered that book soon after I did MDMA for the first time when it was still legal, also known as Ecstasy or today Molly. But the biggest thing was we got this $100,000 loan from our bank, which surprised me at the time, because it was just on my signature, and my signature was worthless. He said, no.

Initial Public Offering 130

Initial Public Offering Capital Banks Mergers and Acquisitions 130

The Motley Fool

NOVEMBER 9, 2023

We are very pleased following the IPO process to kick off our very first quarter as a public company and the quarter was excellent. So in summary, very, very pleased about the first quarter and very, very pleased about the results we've shown as the first of our many quarters going forward as a public company.

Banks 100

Banks Taxes Shareholders Capital 100

The Motley Fool

FEBRUARY 28, 2024

As the front-runner in AI, Baidu probably became the first public company globally to launch a GPT model with our EB 4.0 ERNIE continues to gain market recognition as evidenced by ERNIE API costs from multiple well-known companies. Operator Our next question today will come from Miranda Zhuang of Bank of America Securities.

Depreciation 130

Depreciation Education Banks Taxes 130

The Big Picture

JULY 2, 2024

Really a, a fascinating combination of legal insight and technology. So we got into Y Combinator the summer of 2016 just off of this legal analytics idea. Okay, I don’t think this legal analytics thing is gonna work out for you. He sounds more like a, a computer science geek than a a, a legal geek.

Legal 59

Legal Hedge Funds Finance Financing 59

The Motley Fool

NOVEMBER 7, 2023

Actual results could differ materially from our expectations, and we have no duty to provide updates unless legally required. We had our first quarter of GAAP profitability as a public company in Q2. We also anticipate some short-term elevated legal expenses related to the historical regulatory matters I mentioned earlier.

Leveraging 100

Leveraging Assets Shareholders Public Companies 100

The Big Picture

JULY 11, 2023

JOHNSON: And then I moved into, we had a bank at the time, and I moved into running part of the bank. RITHOLTZ: So Franklin obviously divests out of the banking business, the credit card business, the auto financing business. The requirements for asset managers to have a bank were such that it would inhibit us a bit.

Mutual Funds 88

Mutual Funds Mergers and Acquisitions Asset Management Assets 88

The Big Picture

JANUARY 9, 2024

Barry Ritholtz : 00:06:24 So how do you, how do you shift from m and a legal work to structuring derivatives at Goldman? But a component of it was also like thinking through all these like legal and regulatory and quasi legal regimes. You know, it was all this like structuring and like tax and legal and accounting stuff.

Mergers and Acquisitions 52

Mergers and Acquisitions Law Firms Hedge Funds Finance 52

The Motley Fool

MAY 1, 2024

This is our first acquisition since we became a public company in 2021, and I'm excited about how this will enhance Freshservice, which is currently our fastest-growing business. Our business is strong, and we have a fantastic platform to launch Freshworks into a sustainable and growing public company.

Professional Services 130

Professional Services Leveraging Assets Companies 130

The Motley Fool

NOVEMBER 8, 2024

Operator Your next question comes from the line of Justin Bowers with Deutsche Bank. As you know, we have a very high variable margin and sort of everything else, sort of the largest being some of the G&A costs that we need to be a stand-alone public company and some of the legal costs we have as we pursue protecting CleanCap and our IP.

Debt 130

Debt Portfolios Prospects Capital 130

The Motley Fool

FEBRUARY 27, 2024

At the end of 2023, we transitioned all loyalty members to a new construct that lets them earn and bank points. This $6 million increase is primarily driven by investments to support our growth, performance-based incentive compensation, recurring public company costs, and legal accruals. million, compared to $15.3

Leveraging 130

Leveraging Finance Financing Shareholders 130

The Motley Fool

AUGUST 6, 2024

The size, scale, diversification, and consistency of performance from our global real estate portfolio continues to provide us with excellent visibility to revenue and is a key reason why we have not had a single year of negative operational return in our 30 years as a public company. 80% of these were renewed. Please go ahead.

Debt 130

Debt Assets Capital Leveraging 130

The Motley Fool

AUGUST 14, 2023

But if you look across the world of the entire stock market, I'm not sure there's any public company that is more correlated to Bitcoin itself. We didn't need banks, we didn't need exchanges, we didn't need any of that. If it were a stock, legalized sports betting the industry today, are you a buyer or seller or are you holding?

Assets 130

Assets Hedge Funds Stock Market Stock Market 130

The Motley Fool

NOVEMBER 5, 2024

As a result, we've delivered positive total operational returns each year since becoming a public company 30 years ago, successfully navigating a variety of economic environments. And thus, our asset management team that has done a superb job on the public side, both here in the U.S. That's benefit number two. Please go ahead.

Capital 130

Capital Assets Leveraging Funds 130

The Motley Fool

JANUARY 28, 2024

But for a lot of the rest of us, yeah, a stock is riskier if we have a hard time understanding what we're reading when we go through their legal well timed disclosures. I think the business has had a lot of pressure as a public company to continue to grow at a post pandemic rate, especially its active customer counts.

Capital 130

Capital Securities and Exchange Commission (SEC) Shareholders Companies 130

The Big Picture

DECEMBER 6, 2022

So, yeah, I had a career in investment banking with Jefferies, and it was a really good professional experience because I do have the opportunity to work in M&A, equity and debt financing. I had the chance to be part of some very interesting transactions in the banking space. billion deal. BERRUGA: Yeah. I know GE used to do stuff.

Mutual Funds 64

Mutual Funds Assets Funds Companies 64

The Motley Fool

JUNE 10, 2024

I guess a lot of things, whether we're talking about tobacco or gambling, a topic I'll take up a little bit later, these things are legal. When you sign up and do one of these buy-now, pay-laters, you just have to prove that you're over 18 and that you have a bank account or a checking account.

Investing 100

Investing Taxes Debt Mutual Funds 100

The Motley Fool

FEBRUARY 22, 2024

The corporate shared service expenses impacting total adjusted EBITDA includes centralized functions to human resources, finance and accounting, legal, IT, and the incremental expenses associated with being a public company and totaled $15 million in the quarter and $64 million for the year. Please go ahead. Good afternoon.

Taxes 130

Taxes Liabilities Banks Capital 130

Axial

JULY 27, 2023

Axial is excited to release its Q2 2023 Lower Middle Market Investment Banking League Tables. These quarterly league tables reveal the top 25 investment banks active on the Axial platform in Q2. In Q2, 771 sell-side investment banks and M&A advisors brought a total of 2,647 deals to market.

Investment Banking 52

Investment Banking Investment Banks Mergers and Acquisitions Banks 52