Jawwad Farid The Startup Check List: Building a business step by step – three case studies Last week a student suggested that while enough has been said about the entrepreneurial mindset and idea selection phase not enough coverage exists on what happens next. Assuming you
Considering embarking on the road to entrepreneurship? Clueless about financial modeling? In this post we aim to provide a basic explanation of financial modeling and its importance for startups. We begin by asking the following questions: Should you focus on the best case or worst
Simulating the difference between N(d1) and N(d2) in Excel. Before you begin there are two Black Scholes background posts that you will find useful in deciphering the logic behind N(d1) and N(d2). The first deals with understanding the difference between the two Black Scholes probabilities.
Ladder options are options where the strike is reset whenever the price of the underlying asset reaches certain trigger levels or rungs during the tenor of the option. When the next strike or rung of the ladder option is triggered the profit between the old