Cameron O’Neal

Sources: The Ivy League has agreed to participate in the NCAA Division I FCS playoffs, starting with the 2025 season. The league had long ended its season at the end of the regular season. Marks a distinct shift for Ivy League football, which can now play for national title.

Robert jones is like that and makes my job easy ! Hope y’all see @rjoness3

Pull up logo transition three to break the all time scoring record is hilariously insane

Thank you for the great experience @jimthorpeaward !! Like I told you in person @aeneas35 thank you for everything you do 💐💯 It was a honor !

GAMEDAY!!! #Steelers #NFL

Thanks for the effort & push I love the crib, but @FranBrownCuse got this feeling like home for real! Good to Great! I’m committing again! Go Orange 🍊

🤫🤫🙌🏾🙌🏾#cuse

2024 @Allstate HBCU Legacy Bowl Selection: DARRIAN BROKENBURR DL, @HowardU #LegacyBound

My favorite Charlie Munger story: In 1953, Munger was 29 years old. Recently divorced. Lost the house. Huge social stigma of divorce back then. His 8-year-old son, Teddy, was diagnosed with cancer. The leukemia was incurable. No medical insurance - Munger paid for all his medical care. Charlie would visit Teddy in the hospital every day -- and then walk the streets crying. Teddy died at the age of 9. Charlie was broke, divorced and just lost his child. 99.9% of people would've turned to alcohol, drugs, or suicide. (And you'd understand why) Munger never did. Fast forward to 52 years old, a failed surgery left him blind in one eye with the potential of going fully blind one day. Charlie was an obsessive learner who read every book he could get his hands on. When confronted with the possibility of going blind and no longer being able to read he said: "It's time for me to learn braille!" The only thing that might be more impressive than his intellect was his actions. RIP. --------- Munger on Self-Pity: "Generally speaking, envy, resentment, revenge, and self-pity are disastrous modes of thought. Self-pity gets pretty close to paranoia… Every time you find your drifting into self-pity, I don’t care what the cause, your child could be dying from cancer, self-pity is not going to improve the situation. It’s a ridiculous way to behave. Life will have terrible blows, horrible blows, unfair blows, it doesn’t matter. Some people recover and others don’t. There I think the attitude of Epictetus is the best. He thought that every mischance in life was an opportunity to behave well. Every mischance in life was an opportunity to learn something and that your duty was not to be immersed in self-pity, but to utilize the terrible blow in a constructive fashion. That is a very good idea."

And @HUBISONFOOTBALL is headed to the @CelebrationBowl 😮‍💨😮‍💨😮‍💨 hbcugameday.com/2023/11/18/how…

After a record breaking season, we formally introduce to you your 2023 MEAC Champions: The Howard University Bison The standard has been set. #MEACChampions #HUBisonFootball #STMDT

Greene stadium was rocking yesteday I love Howard 💪🏿💯

Hunter James Wheeler Best running back room in the FCS.

Bison Family, We need you. Show up and show out. Saturday, November 11 at 3:30 pm EST at Greene Stadium, where we will take on North Carolina Central University in what could be a MEAC Championship determination. We are calling you, Bison Nation, to action. See you Saturday!🦬💙

Good morning Bison family! This is an all call we are going to need each and everyone of you this Saturday in Greene Stadium as we take on North Carolina Central in a pivotal MEAC game with conference championship implications.see you Saturday at 3:30 !

How does working capital in M&A work? It's complicated, but I'll try and explain in 2 minutes. When you make an offer to buy a business, this is normally an 'Enterprise Value.' This means your valuation assumes: - zero cash - zero debt, and - normalized working capital. The principle being that the final purchase price will be trued up $:$, based on the actuals. So what does normalized working capital mean. Imagine we are buying a business that manufactures halloween costumes. Painfully seasonal. Manufactures 12 months of the year, but makes all of its sales in one month. If you assume all inventory is sold during October on 30 day payment terms, it's month on month working capital profile might look like this: Now let’s think about what happens to Net Working Capital (NWC). NWC = (Accounts Receivable + Inventory - Payables). It grows over the course of the year, before crashing down in November. And the cycle restarts. The purchase price of this business should vary based on the point in the year when the deal completes. This is where ‘normalized working capital’ comes in. Also known as the ‘peg’. It's kinda like, the average level of working capital needed to operate the business. The peg is the level of NWC assumed in the enterprise value of the business. There is then a ‘true up’ between the actual working capital at closing date, and the peg. Back to our example: The dotted red line shows the ‘peg’ and the hard red line shows the actual NWC. A transaction that closes in September, results in the buyer paying the seller extra $ above enterprise value. Where a transaction that closes in December, the reverse is true. The seller owes the buyer. This will be calculated $:$ as the working capital that gets transferred below the peg. The start point of the peg, is normally the average NWC for the last twelve months. But in practice there is lots of nuance here, and its poorly understood. If you are a jedi in negotiating working capital in M&A, this can be worth an additional 1-3% of total value in a deal. At the very least, make sure you aren't on the wrong end of it.

️⚽️ | Run it up and shut it DOWN! @HowardWSoccer blanks Hampton University 7-0 in the Battle of the Real HU! Junior Melea Earley and Nyla Allen led the way with 2⃣ goals a piece! The Bison are back in action Sunday @ 1PM when they host Middle Tennessee State! #BleedBlue

Thank you to New Bethel Baptist Church for having the team at yesterday’s service!🙏🏾⛪️ #HUBisonFootball #STMDT

God is working it out, don't worry.

With the years you've got left, you've got to make an impact! I cannot waste energy where I do not have impact! #GoodSoil #HustleToHarvest