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Future of Real Estate
sari and • 80 cards
Paul Frick
@pef
Ivar’s grand idea was to do just what Harley had done, except with matches instead of South Seas trade. Ivar would lend money to the governments of Europe in exchange for a monopoly concession for the production and sale of matches within their territories. It was a brilliant concept. There was one immediate problem, though: Ivar didn’t have enough
... See moreFrank Partnoy • The Match King: Ivar Kreuger, The Financial Genius Behind a Century of Wall Street Scandals
Richard Foss
@richardfoss
I'll Make You an Offer You Can't Refuse: Insider Business Tips from a Former Mob Boss
amazon.com
Subsequent bets in oil and energy were disasters, resulting in billions in writeoffs. GE stock fell from $40 in 2007 to $7 by 2018. Blame placed on CEO Jeff Immelt—who ran the company since 2001—was immediate and harsh.
Morgan Housel • The Psychology of Money: Timeless lessons on wealth, greed, and happiness
Adam Besvinick • The Lost Art of Early Stage Venture Capital
David Clark responded to my tweet that median fund size for fund returners was $350M and many funds >$1b
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However, investing in a higher number of billion-dollar companies does not necessarily mean a greater success level for a VC firm, as measured by return of the fund. Some firms may have larger fund sizes and hence invest in more companies. Some don’t lead deals and are not ownership sensitive. Analyzing what percentage of a firm’s bets that became
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