CIMple Truths
Look, we have empathy for the analysts at investment banks tasked with putting together lengthy decks about small private businesses (aka Confidential Information Memorandums or CIMs for those not in the know). Information is often incomplete or missing altogether, there are skeletons in the closet, and the people approving your work probably don’t appreciate how difficult it is to make a color pop.
That said, we occasionally see some things that make us scratch our heads. In no particular order…
Cutting off the numbers on an oddly specific date…
What happened in the last three weeks of the year? Don’t worry about it.
Puzzling celebrity pull quotes…
Hell yes you can, Billie Eilish.
Math that doesn’t quite add up…
Wait, what?
Showing really big numbers with wanton disregard for base rates.
