Similar, but orthogonally, negotiations are subject to an axis of [ objectivity to subjectivity ] in deal valuation.
From these, arises the 2x2 matrix of :
- explicit objective values
- hidden objective values
- explicit subjective values
- hidden subjective values
This is an important plane for the analysis of deals.
Today I am particularly frustrated by some counterparties that cannot brain the following :
[ their asks are explicitly framed, but subjectively valued ... and I am actively valuing those asks at zero ]
It is not that we agree, that we disagree on valuation ... but that they are shocked that anyone would disagree on the valuation.
🤣🤣
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