BEGIN:VCALENDAR VERSION:2.0 PRODID:-//PYVOBJECT//NONSGML Version 1//EN BEGIN:VTIMEZONE TZID:Asia/Shanghai BEGIN:STANDARD DTSTART:20000101T000000 RRULE:FREQ=YEARLY;BYMONTH=1 TZNAME:CST TZOFFSETFROM:+0800 TZOFFSETTO:+0800 END:STANDARD END:VTIMEZONE BEGIN:VEVENT UID:20261031T220630Z - 84794@iZuf69e0i0z4ibdboqb33jZ DTSTART;TZID=Asia/Shanghai:20261107T190000 DTEND;TZID=Asia/Shanghai:20261107T210000 CREATED:20261031T220630Z DESCRIPTION:The Art & Science Of Mergers & Acqu isitions\nIf you were buying a business\, how would you decide what it ’s really worth? And whether it’s worth buying at all? Why do companie s acquire other companies\, and what separates a smart deal from an expens ive mistake? Join Britt\, a former venture capitalist with years of experi ence building tech startups\, for an accessible exploration of mergers and acquisitions\, or M&A\, with a focus on the US. Using real company financ ial reports\, we’ll learn how to look beyond headline revenue to underst and profits\, cash flow\, debt and the quality of a business\, and explore how a deal’s price and financing shape its potential returns. Then we ’ll put those ideas into practice. Working in teams\, you’ll evaluate a potential acquisition\, weigh the risks and present your decision: buy o r pass\, at what maximum price\, and why? Britt will challenge your reason ing and help uncover what could undermine an apparently attractive deal\, from dependence on a few customers to overly optimistic assumptions. We’ ll also explore the roles of buyers\, lenders and advisers\, and how peopl e enter the business of acquiring companies. No finance or investment know ledge is necessary: the concepts will be explained as we go. Expect practi cal analysis\, thoughtful discussion and a clearer understanding of how bu sinesses are valued—and how major financial decisions are made. 如果 你要买一家公司，你会怎么判断它到底值多少钱？又怎 么判断它到底值不值得买？公司为什么要收购别的公司 ，一笔聪明的交易和一个昂贵的错误之间，差别到底在 哪？跟着 Britt 来一场好懂的探索吧。他是前风险投资人 ，也有多年做科技创业的经验。这次我们聊并购，也就 是 M&A，重点放在美国。我们会用真实的公司财报，学着 越过新闻标题上的营收，去理解利润、现金流、债务和 一家公司的质量，也会看看一笔交易的价格和融资方式 ，是怎么塑造它可能的回报的。 然后我们会把这些想法 用起来。分组之后，你们要评估一个潜在的收购对象， 权衡风险，然后给出你们的决定：买还是不买，最高出 价多少，为什么？Britt 会挑战你们的推理，也会帮你们 挖出那些可能拖垮一笔看起来很有吸引力的交易的东西 ，从依赖少数几个客户，到过于乐观的假设。我们还会 聊买家、贷款方和顾问各自扮演什么角色，以及人们是 怎么进入收购公司这个行业的。不需要任何金融或投资 知识：概念会一边聊一边讲清楚。会有实战分析、有想 法的讨论，也会让你更清楚地理解公司是怎么被估值的 ——以及重大的财务决定是怎么做出来的。 DTSTAMP:20261031T220630Z LOCATION:静安区\, 大田路129弄1-1号嘉发大厦A栋\, Shanghai SUMMARY:The Art & Science Of Mergers & Acquisitions END:VEVENT END:VCALENDAR