In last week’s Moment I talked about how much more lucrative it has been for me to startup companies recently rather than acquire them. I went on to say that institutional investors, such as PEGs, have been generating less than 6% returns in the past decade, and this number would tend toward zero (at best)
Category Private Capital Markets
Each week I get bombarded from private equity groups, family offices, hedge funds and individuals – all wanting to buy a business. All of these people have one thing in common: they are not driven by ROI. Because for the last 3-4 years, it has been a much better use of time and money to
I spent the last few creating a unicorn. What? Read on, because I’m about to convince you that unicorns really do exist. Imagine creating a startup that investors value at more than $1 billion. That’s a unicorn. Now imagine that there are hundreds of unicorns roaming the technology forest. And almost all of these are
I’ve made a fortune as a result of not listening to the Words, “That will never work!” Most people in the Matrix are so in love with these Words that their entire existence is constrained by them. You should love the Words as well, but for a different reason. Please follow and like us:
Over the past few months I’ve witnessed dozens of violations to middle market finance. If you don’t know what that is, you haven’t read my textbook, Private Capital Markets. And chances are good that you are one of the people making a fool of yourself in the middle market. Please follow and like us:
Chapter 4 THE LADDERS OF SUCCESS Much has been written about climbing the ladder of success. Most endeavors can be described by the ladder of success metaphor. I think Ayn Rand had it right when she wrote that “the ladder of success is best climbed by stepping on the rungs of opportunity.” We’ll follow her
