Sipping and chatting with host James Vermillion is Bharat Kanodia, owner of Veristrat Inc. While enjoying a glass of Old Carter, Batch 9, James and Bharat chat about the keys to a billion-dollar valuation, the importance of company cultures, Software-as-a-Service, investing in private and public companies, working towards happiness, and being an infinite player.
Bharat has valued over 2000 businesses, real estate, industrial, governmental infrastructure, public and private companies. Some unique assets appraised by Bharat include - the Golden Gate Bridge, Atlanta Airport, Uber, Airbnb, Yahoo!, Brooklyn Bridge, Mirage Casino LV, among many others.
He has signed off on over 4,500 valuations with $2.6 trillion in assets globally. Bharat lives in the San Francisco Bay area with his family and enjoys sailing, golfing, skiing, and horseback riding.
[01:08] - Introducing Bharat Kanodia
[02:30] - What we’re sipping – Old Carter Bourbon, Batch 9
[05:20] - Tangible and non-tangible assets – appraising a variety of assets
[14:26] - Numbers are easy! The importance of “the story”
[20:00] - Key to a billion-dollar valuation
[28:15] - “The secret of getting ahead is getting started”
[30:02] - Software-as-a-Service – “online commercial real estate”
[41:40] - Venture capital – media vs. reality
[44:30] - Appraising businesses with little or no revenue
[53:20] - Wealth – “approaching infinity”
[56:30] - “Be an infinite player” – don’t play quarter to quarter
Links:
www.bullsbearsandbourbon.com
www.vermillionprivatewealth.com
https://www.youtube.com/c/whatsitworth
https://www.veristrat.com/
**The information in this podcast is educational and general in nature and does not take into consideration the listener’s personal circumstances. Therefore, it is not intended to be a substitute for specific, individualized financial, legal, or tax advice. To determine which strategies or investments may be suitable for you, consult the appropriate qualified professional before making a final decision. Thanks for listening.
