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Peter Steinberger joins OpenAI

Not long ago, Peter Steinberger was experimenting with a side project that quickly caught fire across the developer world. His open-source AI assistant, OpenClaw, wasn’t just another chatbot; it could act on your behalf, from managing emails to integrating with calendars and messaging platforms.  Today, that project has a new chapter: Steinberger is joining OpenAI […]

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Understanding the valuation of intangible assets in tech deals


In a technology M&A deal, whether you are acquiring or selling a tech or software business, valuation rarely hinges on a single dimension. Financial performance, growth efficiency, and cash flow durability remain the backbone of any transaction. In practical terms, this means metrics such as revenue and ARR, retention as a proxy for revenue quality, margin structure, and capital intensity continue to anchor how buyers price risk. However, alongside these tangible indicators sits another layer of value, one that does not always surface cleanly in financial statements and may even remain invisible if it is not properly understood or articulated:…

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