Jacob Thomas
Contrary to Conventional Wisdom, Margins Don’t Rise as a Company Grows
Nearly every business plan contains the assumption that as the company grows, its average costs will fall and profit margins will rise. But that isn’t borne out by the numbers.
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Three Questions: Prof. Jacob Thomas on Tesla’s Bid to Go Private
We asked Yale SOM’s Jacob Thomas, an expert on stock prices and company valuation, about the prospects for Elon Musk’s plan.
