Anthony Fiedler
@fiedlerfyi
Anthony Fiedler
@fiedlerfyi
ETA - Entrepreneurship through Acquisition and M&A
New Deal Checklist
Setting values/metrics/criteria for deals
Ranking/Priorities
Sourcing
Growth Equity and
Ben Narasin - Tenacity VC - fundraising, thought for fund starting and theory for follow ons, otherwise
Digital Assets and Cryptocurrency
Bitcoin / cryptocurrency gifting to those without wallets / addresses.
OpenDime as hardware / key solution.
Fund and
The case for buying public REITS over private rental properties currently. Where NAV is significantly discounted to equity (20-30% so equity is .76 on the dollar). Viable to increase RE exposure in a liquid fashion.
PE moving from LPs to bring inhouse on investments to be able to draw capital whenever they want - Blackstone / Berkshire with access off the balance sheet on permanent capital.
Interesting that as PE has been open to 401k individual investors, it has also become more opaque as governance will typically lack without the intermediary relationship of GP/LPs.
M&A and
Michael Girdley on HoldCo’s - building, designing, types, starting ones, and examples
Interesting take on private and public community municipality.
Basic Step-Up Math and Examples in Search
Preferred returns vs Equity tradeoff
Common / default seeking for investor returns - MOIC, IRR, and Profits
Sourcing Debt / Equity
Fundraising