So you have a great idea, an idea that will change the world. But you have a few problems: no money, no experience in managing any project, and absolutely no connections whatsoever. What do you do? Believe it or not, there are some companies (or startups) that actually deal with these types of startup problems….
Author: Robin Liu
Take a Second to Think About Secondaries
An interesting trend is developing in the private equity world: the rise of “secondaries.” The business model of private-equity companies “scouring obscure corners of the business world” for undervalued firms is becoming a thing of the past.1 Instead, the idea of purchasing companies owned by other private equity firms is slowly gathering momentum. This type…
Berlin the New Tech Startup Hotbed?
“The intersection of art and technology,” exclaimed the founder of SoundCloud, Alexander Ljung, when asked about why Berlin is a great place for startups.1 Young people are drawn to Berlin because of its “raw, artsy atmosphere that rivals Brooklyn’s as an icon of global hip.”2 Is Berlin’s startup scene merely a mirage or is Berlin…
Potential Change in Private Equity Manager’s Compensation Structure
Carried interest: “a share of any profits that the general partners of private equity and hedge funds receive as compensation, despite not contributing any initial funds. This method of compensation seeks to motivate the general partner (fund manager) to work toward improving the fund’s performance.”1 For private equity managers, this profit is usually taxed as…