Sublime
An inspiration engine for ideas
Spent 7 hours researching a true master of small cap private equity:
- 586 transactions
- Acquire $1 million to $10 million EBITDA companies
- Average deal $12 million
- 72% IRR
- 7x cash on cash returns
He had two rare public appearanc... See more
PrivateEquityGuy (Mikk Markus)x.comBruce Greenwald invited Li Lu to speak to his class on value investing.
The result is a 90 minute masterclass on how to be a value investor.
If you haven't watched the video, do it now.
If you have, it's worth re-watching.
Here is ... See more
Brandon Beylox.comThe Zurich Axioms: The rules of risk and reward used by generations of Swiss bankers
amazon.com
The central point of the post below is that risk is the product of venture capital, and some managers understand that better than others.
Many of the replies talk about the futility of 'financial engineering', and how concepts like portfolio construction are less relevant to early stage VC due to the greater uncertaint... See more
I'm noticing a trend with young founders who are dividing their ideas into two buckets:
1. Cashflow Bet: Generates income from $10K to $1M+. Simple and boring ideas that require minimal team involvement. Bootstrapped and has a lifestyle business vibe.
2. Venture Bet: High-risk, high-reward m... See more
Michael Karnjanaprakornx.com
