This presentation was presented live via webcast on September 16, 2010 by Ms. Deborah Owens CEO of the Owens Media Group hosted by the FEW Foundation for Education & Training. Learn how to apply the 7 wealthy habits to be financially secure.
Burton Lee - University Research Panel - Intl Technology Law Assn 4th Confere...Burton Lee
Intl Technology Law Assn Conference, Discussion panel, June 3, Tallinn, Estonia on the subject of university startups, spin-outs, and spin-offs. Panel members: Dr. Burton Lee, Stanford; Dr. Matthias Holling, ETHZ, Zurich; Dr. Alar Kolk, Tallinn Technical University, Estonia; Dr. Erik Puura, Tartu University, Estonia; Matti Ylimutka, Aalto Entrepreneurship Society (Aaltoes), Aalto University, Helsinki, Finland
This presentation was presented live via webcast on September 16, 2010 by Ms. Deborah Owens CEO of the Owens Media Group hosted by the FEW Foundation for Education & Training. Learn how to apply the 7 wealthy habits to be financially secure.
Burton Lee - University Research Panel - Intl Technology Law Assn 4th Confere...Burton Lee
Intl Technology Law Assn Conference, Discussion panel, June 3, Tallinn, Estonia on the subject of university startups, spin-outs, and spin-offs. Panel members: Dr. Burton Lee, Stanford; Dr. Matthias Holling, ETHZ, Zurich; Dr. Alar Kolk, Tallinn Technical University, Estonia; Dr. Erik Puura, Tartu University, Estonia; Matti Ylimutka, Aalto Entrepreneurship Society (Aaltoes), Aalto University, Helsinki, Finland
2012 National Governors Association Growing State Economies SummitJack Brittain
Describes the Utah Science, Technology, and Research (USTAR) Economic Development Initiative, the collaboration strategy with Utah's research universities, and the technology commercialization organization changes made by the University of Utah.
2012 National Governors Association Growing State Economies SummitJack Brittain
Describes the Utah Science, Technology, and Research (USTAR) Economic Development Initiative, the collaboration strategy with Utah's research universities, and the technology commercialization organization changes made by the University of Utah.
Distressed Multifamily Opportunities: Who Will Be the First to Jump In, and Who Will Follow? by Mike Kelly, President, Caldera Asset Management. Presented at GreenPearl Events' Distressed Real Estate Summit Chicago on May 13, 2010.
Quigley Report: A Venture Capital Revival is Upon Usquigleyreport
Venture capital was one of the best asset classes in the world before the dot-com bubble burst. Over the next 10 years, returns plummeted as a result of too much capital in the sector and a lack of public market liquidity.
Then, just as the start-up world was recovering from the tech bubble of the last decade and the negative effects of the ill-considered Sarbanes Oxley legislation, the 2008 financial erupted.
So today, the venture capital community finds itself at a cross roads. While the asset class has been largely abandoned by institutional investors, this disinterest will paradoxically lead to superior returns in the future.
Consider…….
1. Venture capital is no longer be considered a “necessary asset class” to invest in by many limited partners given the sectors insignificant size relative to the financial assets LPs have under management
3. Limited partners, who generally look retrospectively to determine their portfolio allocations, not progressively, have shunned the asset class.
4. But, as a result of this shaking out of the venture capital sector (in terms of #’s of firms and amount of capital raised by those firms) conditions are now actually favorable for sustained long term returns
Taking a data-driven prospective, this presentation argues that the conditions today in the private and public capital markets bode well for superior performance to return to the venture capital asset class this decade. Specifically, therewards accruing to private investors in the leading tech companies of today far exceed what private investors used to earn from their investment in the best companies of previous tech cycles. Several things have changed in the past 5 years or so that have led to this change. This presentation explores what those changes have been.
MASiV focuses on how the most successful software and internet companies use M&A to innovate, grow, and compete. Woodside Capital Partners brings together influential corporate development executives and business unit leaders with CEOs and venture capitalists to talk about current trends in M&A.
Please watch this video before the game show: http://www.youtube.com/watch?v=7q7VhEpWg2s
Please watch this video after the chidon:
http://www.youtube.com/watch?v=O-AIiTcorzA
The Real Truth About Money
1. Never Pay More Tax Than You Have To
2. Never Lose Money
3 Never Stop Compounding Your Money
4 The Shocking Truth About Retirement Plans
Similar to Flf final 26mar10 full version no video (20)
Currently pi network is not tradable on binance or any other exchange because we are still in the enclosed mainnet.
Right now the only way to sell pi coins is by trading with a verified merchant.
What is a pi merchant?
A pi merchant is someone verified by pi network team and allowed to barter pi coins for goods and services.
Since pi network is not doing any pre-sale The only way exchanges like binance/huobi or crypto whales can get pi is by buying from miners. And a merchant stands in between the exchanges and the miners.
I will leave the telegram contact of my personal pi merchant. I and my friends has traded more than 6000pi coins successfully
Tele-gram
@Pi_vendor_247
Falcon stands out as a top-tier P2P Invoice Discounting platform in India, bridging esteemed blue-chip companies and eager investors. Our goal is to transform the investment landscape in India by establishing a comprehensive destination for borrowers and investors with diverse profiles and needs, all while minimizing risk. What sets Falcon apart is the elimination of intermediaries such as commercial banks and depository institutions, allowing investors to enjoy higher yields.
how to sell pi coins at high rate quickly.DOT TECH
Where can I sell my pi coins at a high rate.
Pi is not launched yet on any exchange. But one can easily sell his or her pi coins to investors who want to hold pi till mainnet launch.
This means crypto whales want to hold pi. And you can get a good rate for selling pi to them. I will leave the telegram contact of my personal pi vendor below.
A vendor is someone who buys from a miner and resell it to a holder or crypto whale.
Here is the telegram contact of my vendor:
@Pi_vendor_247
The European Unemployment Puzzle: implications from population agingGRAPE
We study the link between the evolving age structure of the working population and unemployment. We build a large new Keynesian OLG model with a realistic age structure, labor market frictions, sticky prices, and aggregate shocks. Once calibrated to the European economy, we quantify the extent to which demographic changes over the last three decades have contributed to the decline of the unemployment rate. Our findings yield important implications for the future evolution of unemployment given the anticipated further aging of the working population in Europe. We also quantify the implications for optimal monetary policy: lowering inflation volatility becomes less costly in terms of GDP and unemployment volatility, which hints that optimal monetary policy may be more hawkish in an aging society. Finally, our results also propose a partial reversal of the European-US unemployment puzzle due to the fact that the share of young workers is expected to remain robust in the US.
how can i use my minded pi coins I need some funds.DOT TECH
If you are interested in selling your pi coins, i have a verified pi merchant, who buys pi coins and resell them to exchanges looking forward to hold till mainnet launch.
Because the core team has announced that pi network will not be doing any pre-sale. The only way exchanges like huobi, bitmart and hotbit can get pi is by buying from miners.
Now a merchant stands in between these exchanges and the miners. As a link to make transactions smooth. Because right now in the enclosed mainnet you can't sell pi coins your self. You need the help of a merchant,
i will leave the telegram contact of my personal pi merchant below. 👇 I and my friends has traded more than 3000pi coins with him successfully.
@Pi_vendor_247
Falcon stands out as a top-tier P2P Invoice Discounting platform in India, bridging esteemed blue-chip companies and eager investors. Our goal is to transform the investment landscape in India by establishing a comprehensive destination for borrowers and investors with diverse profiles and needs, all while minimizing risk. What sets Falcon apart is the elimination of intermediaries such as commercial banks and depository institutions, allowing investors to enjoy higher yields.
when will pi network coin be available on crypto exchange.DOT TECH
There is no set date for when Pi coins will enter the market.
However, the developers are working hard to get them released as soon as possible.
Once they are available, users will be able to exchange other cryptocurrencies for Pi coins on designated exchanges.
But for now the only way to sell your pi coins is through verified pi vendor.
Here is the telegram contact of my personal pi vendor
@Pi_vendor_247
Latino Buying Power - May 2024 Presentation for Latino CaucusDanay Escanaverino
Unlock the potential of Latino Buying Power with this in-depth SlideShare presentation. Explore how the Latino consumer market is transforming the American economy, driven by their significant buying power, entrepreneurial contributions, and growing influence across various sectors.
**Key Sections Covered:**
1. **Economic Impact:** Understand the profound economic impact of Latino consumers on the U.S. economy. Discover how their increasing purchasing power is fueling growth in key industries and contributing to national economic prosperity.
2. **Buying Power:** Dive into detailed analyses of Latino buying power, including its growth trends, key drivers, and projections for the future. Learn how this influential group’s spending habits are shaping market dynamics and creating opportunities for businesses.
3. **Entrepreneurial Contributions:** Explore the entrepreneurial spirit within the Latino community. Examine how Latino-owned businesses are thriving and contributing to job creation, innovation, and economic diversification.
4. **Workforce Statistics:** Gain insights into the role of Latino workers in the American labor market. Review statistics on employment rates, occupational distribution, and the economic contributions of Latino professionals across various industries.
5. **Media Consumption:** Understand the media consumption habits of Latino audiences. Discover their preferences for digital platforms, television, radio, and social media. Learn how these consumption patterns are influencing advertising strategies and media content.
6. **Education:** Examine the educational achievements and challenges within the Latino community. Review statistics on enrollment, graduation rates, and fields of study. Understand the implications of education on economic mobility and workforce readiness.
7. **Home Ownership:** Explore trends in Latino home ownership. Understand the factors driving home buying decisions, the challenges faced by Latino homeowners, and the impact of home ownership on community stability and economic growth.
This SlideShare provides valuable insights for marketers, business owners, policymakers, and anyone interested in the economic influence of the Latino community. By understanding the various facets of Latino buying power, you can effectively engage with this dynamic and growing market segment.
Equip yourself with the knowledge to leverage Latino buying power, tap into their entrepreneurial spirit, and connect with their unique cultural and consumer preferences. Drive your business success by embracing the economic potential of Latino consumers.
**Keywords:** Latino buying power, economic impact, entrepreneurial contributions, workforce statistics, media consumption, education, home ownership, Latino market, Hispanic buying power, Latino purchasing power.
how can I sell my pi coins for cash in a pi APPDOT TECH
You can't sell your pi coins in the pi network app. because it is not listed yet on any exchange.
The only way you can sell is by trading your pi coins with an investor (a person looking forward to hold massive amounts of pi coins before mainnet launch) .
You don't need to meet the investor directly all the trades are done with a pi vendor/merchant (a person that buys the pi coins from miners and resell it to investors)
I Will leave The telegram contact of my personal pi vendor, if you are finding a legitimate one.
@Pi_vendor_247
#pi network
#pi coins
#money
What price will pi network be listed on exchangesDOT TECH
The rate at which pi will be listed is practically unknown. But due to speculations surrounding it the predicted rate is tends to be from 30$ — 50$.
So if you are interested in selling your pi network coins at a high rate tho. Or you can't wait till the mainnet launch in 2026. You can easily trade your pi coins with a merchant.
A merchant is someone who buys pi coins from miners and resell them to Investors looking forward to hold massive quantities till mainnet launch.
I will leave the telegram contact of my personal pi vendor to trade with.
@Pi_vendor_247
If you are looking for a pi coin investor. Then look no further because I have the right one he is a pi vendor (he buy and resell to whales in China). I met him on a crypto conference and ever since I and my friends have sold more than 10k pi coins to him And he bought all and still want more. I will drop his telegram handle below just send him a message.
@Pi_vendor_247
US Economic Outlook - Being Decided - M Capital Group August 2021.pdfpchutichetpong
The U.S. economy is continuing its impressive recovery from the COVID-19 pandemic and not slowing down despite re-occurring bumps. The U.S. savings rate reached its highest ever recorded level at 34% in April 2020 and Americans seem ready to spend. The sectors that had been hurt the most by the pandemic specifically reduced consumer spending, like retail, leisure, hospitality, and travel, are now experiencing massive growth in revenue and job openings.
Could this growth lead to a “Roaring Twenties”? As quickly as the U.S. economy contracted, experiencing a 9.1% drop in economic output relative to the business cycle in Q2 2020, the largest in recorded history, it has rebounded beyond expectations. This surprising growth seems to be fueled by the U.S. government’s aggressive fiscal and monetary policies, and an increase in consumer spending as mobility restrictions are lifted. Unemployment rates between June 2020 and June 2021 decreased by 5.2%, while the demand for labor is increasing, coupled with increasing wages to incentivize Americans to rejoin the labor force. Schools and businesses are expected to fully reopen soon. In parallel, vaccination rates across the country and the world continue to rise, with full vaccination rates of 50% and 14.8% respectively.
However, it is not completely smooth sailing from here. According to M Capital Group, the main risks that threaten the continued growth of the U.S. economy are inflation, unsettled trade relations, and another wave of Covid-19 mutations that could shut down the world again. Have we learned from the past year of COVID-19 and adapted our economy accordingly?
“In order for the U.S. economy to continue growing, whether there is another wave or not, the U.S. needs to focus on diversifying supply chains, supporting business investment, and maintaining consumer spending,” says Grace Feeley, a research analyst at M Capital Group.
While the economic indicators are positive, the risks are coming closer to manifesting and threatening such growth. The new variants spreading throughout the world, Delta, Lambda, and Gamma, are vaccine-resistant and muddy the predictions made about the economy and health of the country. These variants bring back the feeling of uncertainty that has wreaked havoc not only on the stock market but the mindset of people around the world. MCG provides unique insight on how to mitigate these risks to possibly ensure a bright economic future.
Turin Startup Ecosystem 2024 - Ricerca sulle Startup e il Sistema dell'Innov...Quotidiano Piemontese
Turin Startup Ecosystem 2024
Una ricerca de il Club degli Investitori, in collaborazione con ToTeM Torino Tech Map e con il supporto della ESCP Business School e di Growth Capital
Turin Startup Ecosystem 2024 - Ricerca sulle Startup e il Sistema dell'Innov...
Flf final 26mar10 full version no video
1. the king is dead, long live the king
the once and future state of venture capital
david aronoff
general partner
flybridge capital partners
david@flybridge.com
1 Flybridge Capital Partners 2010
2. agenda
• the VC model needs an upgrade
• clues from history
• implications for entrepreneurs
• semi-random thoughts
2 Flybridge Capital Partners 2010
3. some facts
• 1972 to 2007, ~2500 VC-backed IPOs in US
– 13% of all public firms at end of 2008.
– 8% of market capitalization ($2.0 trillion)
– 6% of total employees.
• Particularly true in high-technology industries.
• VC appears ~3 to 4x more powerful than corp R&D
– From late 70s to mid-90s, VC was only 3% of corporate
R&D, but responsible for ~10%-12% of privately funded
innovations.
source: Lerner
3 Flybridge Capital Partners 2010
4. the way it was
• basic premise:
an overabundance of great ideas
+ an undersupply of capital
= only “best” ideas get funded
• a sector supports 4-5 players
– 1 is a home run
– 2-3 are “ok” outcomes
– 1-2 holes in the ground
• “healthy” industry loss ratios
• LPs can afford to remain patient
4 Flybridge Capital Partners 2010
7. time for an upgrade
US Venture Capital Returns: Inception to 3/31/08
Source: Venture Economics, Prof. Paul Gompers HBS n=1927
7 Flybridge Capital Partners 2010
9. we’ve seen this movie before
PEAK
Accelerating 1999/00
1983
Free Fall
1997-99 1969 2000-2002
1981-83 1983-85
1967-69 1969-71
Vintage Year IRR
Top Quartile
10%
Median 2%
26%
12%
Firming Bottoming
2009-? 2003-08
2009
1991-96 1990/91 1986-90
1975-80 1974 1971-74
TROUGH
investing through the trough offers strong opportunities
Source: Brooks Zug, Harbourvest Partners
9 Flybridge Capital Partners 2010
10. so …
• clearly VC has been very important driver of
innovation and wealth creation
• but:
– low returns for past decade
– tremendous randomness in exit markets
– far too many companies funded
– calculus of funds doesn’t solve
– embroiled in secular & cyclical trough
• has become at best a short-tail phenomenon
and at worst a random-walk.
10 Flybridge Capital Partners 2010
11. what happens next
• the number of VCs must shrink
– NVCA estimated 10% in 2009, 15% more in 2010
– PCG predicts 1500 firms to 500 within 5 to 7 years
• accordingly, amount of money and number of
limited partner investors will decrease
• this won’t happen overnight
– VC partnerships are 10-12 years in duration, and
they’ll drag out last fund in hope of hail maries
• trickle down impact
– fewer numbers of startups will get funded
– smaller financings due to decreased VC fund sizes
11 Flybridge Capital Partners 2010
13. that 70’s show
• VC circa 1970’s
– take the good
• small funds (in dollars & professionals)
• generalists wrt industry focus / versatile
• collegial approach / lots of syndication
– size of funds & firms -> so smaller financings
– longer horizons until liquidity
– ignore the irrelevant
• bootstrapped companies - no startups (mid/late 80’s phenom)
– adapt the model to the current environment
• Much of this is happening organically already
13 Flybridge Capital Partners 2010
14. implications for entrepreneurs
what the new model means:
• focus on capital efficiency until inflection point
– garage: bootstrap model – over longer period, CFBE
– seed-like: quicker time to lift-off (or crash) on short $$
– supersized first rounds: will be harder to come by
• concentration on new areas w/huge potential SoM
– new media, energy-technology, revolutions
– fewer me-toos (salami model)
• financing models morph
– angels /seed funds /VC get along because they have to
– full-funded staged approach?
14 Flybridge Capital Partners 2010
15. implications for entrepreneurs
what the new model doesn’t mean:
• venture investors won't invest in early-stage ideas
– it’s the charter of our fund and most others
• investors only look for epic returns (10/100x)
– my crystal ball is really no good
• VCs are replacing angel investors
– but we’re actively making seed investments
• bellbottoms are back in style
– did they ever really go out?
15 Flybridge Capital Partners 2010
16. semi-random thoughts #1
• VC performance is highly persistent
– good continue to do well, but so do poor performers!
• this is true for entrepreneurs and investors
• deal sourcing is key factor
– successful entrepreneurs have returns that are 50%
greater than first timers or those who failed last time
• success more likely for first timers than those who failed last time
– 50% of the outperformance of top fund is due to higher
concentration of serial entrepreneurs
• VC value-added is greatest with first timers
source: Gompers, Lerner, Sahlman
16 Flybridge Capital Partners 2010
17. semi-random thoughts #2
• funding/opportunity size ratio
– not all big opportunities require big financings, at least
at first, sometimes at all
– but some types of investments require huge rounds
early on; don’t know if they’re good bets, just know I
won’t place them
• being first matters a lot
– the tao of glen garry glen ross
• mike maples’ “thunder lizards”
• “gap” vs “gretzky”
17 Flybridge Capital Partners 2010
18. semi-random thoughts #3
• home-run mentality
– Are VCs bound to the home-run model or should they be more
focused on OBP?
– I suggest that both the home-run and OBP models don’t work,
but a hybrid of both is warranted (shameless self-promotion)
18 Flybridge Capital Partners 2010
