Category: Private equity

Stability vs Opportunity

Bernie Madoff promised investors above average, consistent year after year mathematically impossible returns. Investors fell for the high returns but what they REALLY fell for was the apparent consistency. The stability or returns, the certainty. Bond funds appeal to investors because they offer stable returns each year. Quantifiable and certain.

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Why I Don’t Really Care About Your Product

I’ve just gotten off the phone with a gentleman who runs a radio show dedicated to entrepreneurs. He reached out to us as he thought it’d be interesting speaking with me, as an entrepreneur, and as an Angel investing in entrepreneurs. He wanted to know what we look for in

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IQ, IP and 8 Commandments of Corporate Governance

Recent dealings with a company led me to think about the relationship between corporate governance, creativity, innovation and what it takes to create or indeed wreck a successful enterprise. A result of having been involved in well over 100 private equity transactions (I’ve long ago stopped counting), Mark no doubt

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These 7 Traits Make For Great Entrepreneurs

There is a scene in the movie “Madagascar”… Skipper: “We’ll fix it.” Alex: “How are you gonna fix this?” Skipper: “Grit, spit and a whole lot of duct tape.” This attitude epitomizes one of the traits we look for in founders. Great businesses are not dumb luck, they’re usually the

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But It Says So on Facebook!

Funny story. I spoke with a fellow angel investor recently who is now a successful investor but wasn’t always. We were regaling past successes and failures. He told me a story of a terrible deal, which as he recounted the story involved a “Doctor”. The company in question was a

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Why Bitcoin is Important

“Bitcoin is the anti currency”; “Bitcoin, the currency of the future”; the “currency of the resistance”; “Bitcoin is a Fad”; “Bitcoin is a fraud”; “Bitcoin is a currency for drug dealers,  kiddy fiddlers and terrorists.” These are some of the opinions I’ve heard thrown around when discussing Bitcoin. I have

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Drag-Along Rights – Why Investors Use Such Agreements

Frankly I am often puzzled as to why investors simply buy common stock, all too often taking what the market offers them. It’s no secret that the majority of what we do right now is investing in private equity. Today I’m going to provide yet another reason why getting involved in

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9 Reasons We Passed on This Deal

Ideas…like grains of sand on the beach. I’ve mentioned this before in my post “8 Reasons Not to Sign an NDA” and it bears repeating. Unless you have a proprietary product involving intellectual property, a scientific process or something which is entirely unique and therefore valuable, you are immediately devaluing

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