bIastoise:
they had a big roulette wheel of numbers, then they cut off a chicken's head and tossed it in the wheel. whichever number the chicken head landed on was the valuation for the company
Hahaha those were the days...
 

Ahhh, Lotus. It has gone the way of WordPerfect and DOS. So simple, so elegant, and so.....obsolete.

Is it true that at one point in history, M&A and other such functions were a free / cheap service offered by banks to their clients? I was just talking to someone who's been bouncing around the industry for a while, and they said that decades ago, advisory work was not a large part of banks' business. I am only now beginning to learn the history of banking, so if I'm way off mark, my apologies.

Get busy living
 

they are called "spreadsheets" because you used to have to spread out a long piece of paper and do calculations by hand... they would have the roll up paper, like butcher paper, and roll it out as needed.

Aren't you happy we live in a digital age?

 
International Pymp:
oh, and the calculations were done using a slide rule...
In the snow...with no shoes...on easter sunday
If I had asked people what they wanted, they would have said faster horses - Henry Ford
 

At least back in the day, when you went on vacation, you actually got to take a vacation cause no one could reach you. While technology has sped up communication and facilitated deal making, it has certainly created an "always accessible, suck the life out of you" lifestyle.

CompBanker’s Career Guidance Services: https://www.rossettiadvisors.com/
 

VisiCalc was the first computer spreadsheet. An MIT CS major was watching an HBS professor do a spreadsheet on a chalkboard- it took an hour b/c whenever a computation was wrong, everything had to be erased and you'd have to start from the beginning. Hence visicalc was born and computers became a business tool instead of a nerd plaything.

 

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