When I was in my twenties my biggest goals were to take my company public and get on the cover of Fortune. I wouldn’t mind getting some free exposure from Fortune (assuming it would help one of my ventures), but you couldn’t pay me to take my business public. My father has been CEO of [...]
Passionate Investing?
Lately I have spent a lot of time talking to venture capital firms about making an investment in ShopSavvy. Several weeks ago I sat down at lunch with one firm and they asked me what it would take to get a deal done. I think they might have been asking me what sort of pre-money [...]
What’s so preferable about preferred stock?
Once upon a time an aspiring small businessperson needed some money to start his business. Through a circuitous route he found himself in front of the owner of some capital. After explaining his plight, the small businessperson asked the capitalist for a loan. The capitalist replied, While I find your concept intriguing, there is too [...]