Tag Archives: investment terms
Evergreen venture fund structure offers new strategy
Heartening to read a blog at Axial about the Evergreen Venture Fund Structure that we use at my Greybull Stewardship: http://www.axial.net/blog/evergreen-fund-structure/ Thanks to Billy Fink and his M&A blog, I’m excited to have the conversation about how the traditional fund protocols are changing with new… Continue reading
Financial Audit Helpful for Financing, Funding, and Selling Your Business
My first financial audit was intimidating. My company, Student Advantage, was preparing for its IPO in 1999 and the audit firm, PriceWaterhouseCoopers, needed to audit all of the material entities that had merged with Student Advantage during the prior few years. My little start-up company,… Continue reading
You Are What You Eat (or Where You Get Your Investment)
“Tell me what you eat, and I will tell you what you are,” said French lawyer and epicure Jean Anthelme Brillat-Savarin. Similarly, tell me where you got the investment for your business and I will tell you what is in store for your business. Each… Continue reading
Optimal Owner for a School — Not Private Equity or Wall Street
The School Business Finding a perfect match between a business and an owner is not easy. This hit home to me last week at a gathering for private post-secondary schools in California where I heard an owner of a private, post-secondary school describe an epiphany… Continue reading
Company Founder Regrets Sale to Traditional Private Equity
Be careful to whom you sell your company, said the founder of Jimmy Choo footwear, Tamara Mellon. In the Financial Times, Mellon was quoted, “What happens in private equity is they come in and they say we’re going to be a great partner. We want… Continue reading
Facebook Governance and ISS — I Support Zuckerberg
For each unique company and unique situation, I believe they should utilize business structures, financing strategies, and all other tools that help them keep their company unique. For this reason, I cheer on Mark Zuckerberg and Facebook for their ability to utilize unique investment terms… Continue reading