ALL PHOTOS FROM SESSION: https://tvot.smugmug.com/TVOT-NYC-2024/Exit-Planning-for-Advanced-TV-Companies

SUMMARY

The panel discussed exit strategies in the media, marketing, and tech sectors. Richard Glosser highlighted cautious optimism in the market, noting increased valuations despite fewer deals. Key valuation metrics include ARR growth, EBITDA, and market size. Sheila Dharmarajan emphasized the importance of rationality in buyer decisions and the value of IP and live events. Andre Swanston focused on the total addressable market, leadership teams, and competitive advantages. Narendra discussed the integration of acquired companies and the importance of speed. The panel also explored the future of gaming and AI's role in business efficiency, with a consensus on its importance for operational efficiency and potential threats to companies not leveraging AI.

DESCRIPTION OF SESSION

This session will explore financial strategies for planning your company exit. What are current market conditions? When do you raise versus sell? How do acquirers value profitability versus growth? The session will include the perspectives of entrepreneurs, financial investors, and strategic companies. Panelists include:

• André Swanston, Chairman, Swanston Organization
• Narendra Nag, CSO, A Parent Media Co. (APMC)/Victory+
• Richard Glosser, Managing Director, Oaklins DeSilva+Phillips (Moderator)
• Sheila Dharmarajan, Head of Investor Relations and Business Development, ZMC

TOPICS

The key topics discussed in the conversation include: market update, valuation metrics, investment strategies, partnership opportunities, seller perspective, future investment areas, AI's impact on business.