Narrative and Numbers: The Value of Stories in Business by Aswath DamodaranHow can a company that has never turned a profit have a multibillion dollar valuation? Why do some start-ups attract large investments while others do not? Aswath Damodaran, finance professor and experienced investor, argues that the power of story drives corporate value, adding substance to numbers and persuading even cautious investors to take risks. In business, there are the storytellers who spin compelling narratives and the number-crunchers who construct meaningful models and accounts. Both are essential to success, but only by combining the two, Damodaran argues, can a business deliver and sustain value.
Through a range of case studies, Narrative and Numbers describes how storytellers can better incorporate and narrate numbers and how number-crunchers can calculate more imaginative models that withstand scrutiny. Damodaran considers Ubers debut and how narrative is key to understanding different valuations. He investigates why Twitter and Facebook were valued in the billions of dollars at their public offerings, and why one (Twitter) has stagnated while the other (Facebook) has grown. Damodaran also looks at more established business models such as Apple and Amazon to demonstrate how a companys history can both enrich and constrain its narrative. And through Vale, a global Brazil-based mining company, he shows the influence of external narrative, and how country, commodity, and currency can shape a companys story. Narrative and Numbers reveals the benefits, challenges, and pitfalls of weaving narratives around numbers and how one can best test a storys plausibility.
The Old Testament - A Brief Overview
THE BOOK OF NUMBERS
On their way to the Promised Land, Israel rebels against God again and again. After centuries of living in foreign lands, the time comes for the Israelites to return to the land God promised to Abraham.
While it is a fairly short distance from Egypt to Israel, it took the ancient Jews 40 years to get there. The book of Numbers tells why. The Israelites' disobedience and lack of faith caused God to make them wander in the desert until all the people of that generation had died--with a few important exceptions. The book draws its name from the census made of the people, a necessary step toward their organization and future government. This is the fourth book in the Pentateuch , the first five books of the Bible.
Introduction: Something went terribly wrong on the way to the Promised land. Why would it take the infant nation of Israel 38 years to travel a distance that should have only taken a few weeks at most? For the adults age 20 and over who left Egypt, it consumed the rest of their lives. They never made it to the Promised Land. For many long periods the Israelites were in encampments, not wandering.
Bible History Online. Numbers - And they will tell [it] to the inhabitants of this land: [for] they have heard that thou LORD [art] among this people, that thou LORD art seen face to face, and [that] thy cloud standeth over them, and [that] thou goest before them, by day time in a pillar of a cloud, and in a pillar of fire by night. Quick Overview of Numbers. The book of Numbers takes its name from the account of the census that happened two times among the congregation of Israel in Numbers and Numbers The Greek title was used even though there is really no connection with the "numberings. The book of Numbers seems to follow naturally after the book of Leviticus in the order of the books of Moses in the Old Testament. After the children of Israel received the laws at Mount Sinai, they began the journey as described in the book of Exodus, and they were ready to march directly into the land of Canaan.