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2 . How is David assessing the value of his projects? How useful is valuation such as cap rate in determining next steps? What are

2 .

How is David assessing the value of his projects? How useful is valuation such as

cap rate

in determining next steps? What are the strengths and weaknesses of the use of multiples

(

cap rate, EBITDA or revenue mutiples, etc

)

as a valuation metric?

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