Feeds:
Posts

Archive for the ‘Uncategorized’ Category

Due Diligence – the easy way

Posted in Uncategorized on February 5, 2012 |

My father always said there was the easy way and then there was the right way.

Read Full Post »

A venture capitalist’s thoughts on America’s economic growth initiatives (Part 2)

Posted in Entrepreneurship, Small Business, Uncategorized, Venture Capital, tagged on December 15, 2011 |

“The vast preponderance” of America’s job needs are satisfied by companies that are younger than 5 years old. The Kauffman Foundation has shared that pertinent information in Sketchbook video form. Even if their message becomes trite, it must not be ignored. Statistics abound regarding the importance of America’s true job creators: entrepreneurs. In the midst [...]

Read Full Post »

Next Berkshire CIO investment process

Posted in Uncategorized, tagged on May 8, 2010 |

This is a great summary of the Li Lu value investment process. Li Lu was the early investor in BYD who turned Warren Buffett on to the investment. Up 200% with no leverage, which is impressive. His lessons on value investing are here: Li Lu Value Investing.

Read Full Post »

Berkshire Hathaway annual meeting

Posted in Uncategorized, tagged on May 7, 2010 |

Great notes from the Innoculated Investor summarizing the annual Woodstock for Capitalist. Next best thing to being there. Click here: http://inoculatedinvestor.blogspot.com/2010/05/2010-berkshire-hathaway-annual-meeting.html

Read Full Post »

New Face of VC

Posted in Uncategorized on April 30, 2010 |

Family offices are filling the VC void according to Institutional Investor. With the venture capital industry still facing headwinds as we turn to the second quarter of 2010, start-ups and emerging technology firms need to find new sources of expansion capital. Last year, U.S. venture capital firms raised just $15.2 billion from 120 funds, a [...]

Read Full Post »

Grantham

Posted in Uncategorized on April 24, 2010 |

The latest thinking from Jeremy Grantham of GMO about where financial markets are and where he foresees us heading. Grantham – Playing with Fire

Read Full Post »

Zone of Insolvency

Posted in Uncategorized, tagged , on April 19, 2010 |

Many Board members think their duty is always to maximize shareholder value.  But when a company enters the “zone of insolvency”, a directors duty switches to maximizing the recovery for the creditors.  The attached piece from Venture Capital Review is a great overview of the issues surrounding this poorly understood duty. Download here:  Distress Board [...]

Read Full Post »

Closing Purgatory

Posted in Uncategorized on April 18, 2010 |

The structure of the typical acquistion has changed dramatically.  The use of escrows and hold-backs are now the norm and some form of contingency payout (e.g., earn-out) is becoming the norm.  For sellers this means paying much more attention to you purchase agreement that governs how you will (or won’t) be paid.  Interestingly, as noted [...]

Read Full Post »

Innovation and Jobs

Posted in Uncategorized on April 18, 2010 |

A great piece from Progressive Fix on solution to the twin problem of lack of innovation and lack of jobs: a common impulse in Washington has been to call on the federal government to somehow solve both problems together, whether by creating “green” jobs, directing more money into research and development, or, most distressingly, provoking [...]

Read Full Post »

IPO Review

Posted in Uncategorized on April 18, 2010 |

Our summary of the 2009 IPO market is attached.  Basically, 2009 was an abysmal year.  The market improved as the year progressed and nearly half the overall volume took place in the fourth quarter. Interestingly, the biggest trend was the uptick in volume by financial sponsors (read: private equity groups) and the percentage of those [...]

Read Full Post »

« Newer Posts - Older Posts »

Follow

Get every new post delivered to your Inbox.