Sublime
An inspiration engine for ideas
Fund Parameters:
- Fund Size: $20M
- Investment Period: 4 years
- Fee: 2%
- Carried Interest: 20%
- No Recycling
- 3X DPI
- Major Exits in Years 9 and 10: Assume two major exits that contribute most of the 3x return https://t.co/83iKOVnJj8
The Most Common SEC Filings & Their Definitions 🧵:
1. 10-K (20-F if foreign issuer)
• Annual report of a firm's operational performance.
• Includes (audited) financial statements, management discussion & analysis, risks etc.
• Filed w/in 60 days of a fiscal... See more
10 Quality Stocks You Should Know
1. Automatic Data Processing https://t.co/ORr9TRmKRK
A CFO recently recommended we read DoorDash’s shareholder letters for a simple articulation of their capital allocation strategy and it’s now obvious to me why: this is such a user friendly way of explaining R&D investment in software and internet companies. Summary/notes: (1/) https://t.co/JzAvJBXCDE
Form 10-12B filing (in the United States, this is the document that the parent company files with the SEC before the separation) and search for “executive compensation.”
Gautam Baid • The Joys of Compounding: The Passionate Pursuit of Lifelong Learning, Revised and Updated (Heilbrunn Center for Graham & Dodd Investing Series)
Terravest Industries $TVK.TO
• Boring industry
• Highly synergistic M&A strategy
• Intelligent pivots to adjacent vertical markets
• Superb capital allocation with high insider ownership https://t.co/So3ILw6Qai