The Growth Docket Vol. I, No. 4: New Leaders, New Prices, Higher Rates

Joe Baratta leaves Blackstone at year-end, and Blackstone will not replace him. Hernan Cristerna, JPMorgan’s longtime M&A chief, retires the same week. The generation that built modern private equity is handing over the keys. Growth equity is doing the same, with less press. Here is the week.

What Your Software Company Is Worth Now

Rob Bartlett of Jefferies joined the panel I moderated last month on whether companies should buy, sell, or wait. This week I read his team’s monthly software valuation update, with data through September 30. I read a lot of bank decks. This one I read twice.

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