6 minute read There is a wide variety of metrics, formulas, and other calculations you can use to measure the quality of a software or SaaS business. While many of them are important, I believe that the most metric is net dollar retention. This is from the perspective of a private equity buyer […]
Jay Vasantharajah
53 posts
7 minute read A little over a year ago (16 months to be precise), I published a blog post titled “Opportunities in Canadian REITs“, where I discussed a special situation investment opportunity. The volatility of publicly-traded REITs at the time (early COVID with no vaccination in sight) created the perfect opportunity for those […]
4 minute read Around the world, governments have printed record amounts of money in the past months as a response to the global COVID-19 crisis. As a result, the macroeconomic issue that stands out the most in every investor’s mind: inflation. There are many ways to hedge against inflation; the most common one […]
4 minute read When making investment decisions, it’s common to not rely on raw accounting or GAAP numbers alone. After all, net income is closer to an opinion than a fact. Reported accounting profits are adjusted by massive publicly traded companies, all the way down to small owner-managed businesses. Adjusted EBITDA is a […]
4 minute read I recently read a book called Lifestyle Investor by Justin Donald. Overall, a great read on the topics of personal finance and investing. In the book, he discussed an investing concept he describes as “The Velocity of Money“, which I really enjoyed. I used to refer to this concept as […]
6 minute read Many entrepreneurs overlook the importance of capital allocation despite how critical it is. Capital allocation is the process of allocating financial resources to different areas of a business to maximize returns. Entrepreneurs who understand how to strategically allocate capital are able to effectively operate a business, optimize its intrinsic value, […]
7 minute read There are many investing strategies when it comes to investing in publicly traded companies. It can feel overwhelming, especially if you’re a busy entrepreneur like myself who dabbles in stock market investing on the side. Full-time stock portfolio managers have time to work closely with analysts and debate implications of […]
6 minute read I’ve been a math junkie for as long as I remember. I really enjoy discovering interesting math problems and paradoxes that defy intuitive logic. One of my favourites is the Monty Hall Problem. A probability puzzle named after Monty Hall, a game show host from the 60’s show called Let’s […]
5 minute read I’m thrilled to announce that Bloom Venture Partners has Acquired Viostream, an Australian-based enterprise video software company. In this post, I’m going to share how we came across this deal, our evaluation approach, the transaction process, and our post-acquisition plan. P.s. If you are an accredited investor and would like […]
4 minute read Do you often get the urge to make decisions based on FOMO? The past year certainly hasn’t been an easy one for people that suffer from FOMO. With markets being as volatile as they are, entrepreneurs and investors across all asset classes want to avoid missing out on the next […]
4 minute read I took some time to update my reading list which gave me an opportunity to reflect on all the books that I read in 2020. I read a lot of great books in the past year, but 3 really stood out. Narrowing it down to just 3 wasn’t easy, but […]
5 minute read Many entrepreneurs know that running a business is like riding a constant roller – there are many ups, downs, twists, and turns. My eCommerce business is no different. But something unbelievable happened last year that, to this day, still has me in awe. In this post, I’m going to share […]
6 minute read 2020 was a volatile year for all asset classes, and multifamily real estate was no exception. I spent months looking at potential real estate investment opportunities but had a hard time finding anything of value. I thought I was going to finish the year empty-handed but managed to find a […]
5 minute read I started to actively use Twitter in 2020, listening, engaging, and learning from people I respected and wanted to attract. In less than a year I went from 500 followers to nearly 15k and made life-changing connections. It was on this very platform that I met my business partner and […]
4 minute read I didn’t know much about Kirk Kerkorian until very recently. I think that’s by design since Kirk was very secretive about every aspect of his life. The book, The Gambler, details his life and bold business ventures. Piecing together the journey of a self-made billionaire, who built a multi-billion dollar […]
3 minute read With the Airbnb IPO around the corner, there’s going to be a ton of Airbnb hot takes around travel, the founders, the story, the numbers, etc. This post is not a full breakdown/analysis of Airbnb’s S1, in fact, it has nothing to do with the S1 filing at all. Instead, […]
4 minute read Towers of Debt is a detailed recount of the rise and collapse of The Reichmanns, a wealthy Canadian business family. Their company, Olympia and York, grew to become the largest real estate empire in the world before its tragic demise. They were responsible for building and managing financial centers in […]
4 minute read For those who follow me on Twitter, you may have noticed that my team and I have recently launched Bloom Venture Partners, an investment firm focused on SaaS businesses. I recently did a short interview describing what we look for in a SaaS business. As I grow and diversify my […]
5 minute read Many governments incentivize their citizens to save and invest for retirement by giving them tax-advantaged investment account. The Canadian government does this, by giving all citizens a Tax-Free Savings Account (TFSA) and a Registered Retirement Savings Plan (RRSP). Americans have equivalent tax-advantaged accounts like the 401k, IRA, etc. In this […]
5 minute read Owner-owned and operated service businesses can be a great source of profits. I’ve already gone over the reasons why your first business should be a service business. But just because you launch a service business doesn’t mean that it will generate outsized amounts of cash, let alone be profitable. I […]