Tutorvo

Duration, IRR and MOIC: Same Case, Different Clocks

Lesson 6 of 817 minLab

This lesson is part of the course

In this lesson

You measure the funder's return per outcome with IRR on half-year cash flows, annualise it, compare it with the multiple on invested capital (MOIC) and put a number on what a one-year delay costs.

Buy the course once for $9.99 to unlock every lesson and lab, the final exam and the certificate – lifetime access, no subscription.

Lessons in this course

  1. The Case Budget: Costs by Stage, Commitment and DrawdownsLab15 min Locked
  2. Stage Probabilities: From Given Stage Probabilities to End Outcomes and Expected SpendLab16 min Locked
  3. Expected Recovery: Claim Value, Collection Haircuts and the Outcome TableLab15 min Locked
  4. Funder Return Structures: Multiples, Percentages, the Greater-of Rule and Time RatchetsLab17 min Locked
  5. The Proceeds Waterfall: Capital Back, Lawyer Uplift, Funder Profit and the Claimant FloorLab18 min Locked
  6. Duration, IRR and MOIC: Same Case, Different ClocksLab17 min Locked
  7. Adverse Costs and Cover: Loser-Pays Exposure, Deferred and Upfront PremiumsLab17 min Locked
  8. Capstone – A Portfolio of 12 Cases: Expected MOIC, Concentration, Loss Rate and Cross-CollateralisationLab22 min Locked