January 1, 2022

REITs – An Industry Introduction to Real Estate Investment Trusts

Real Estate Investment Trust (REIT) – A legal entity that uses pooled investor capital to purchase and manage income property or mortgage loans. Most REITs operate […]
January 1, 2022

Token Velocity — Why it Matters for Initial Coin Offerings (ICOs)

Token velocity is a calculated measurement that is necessary to understand before successfully launching an Initial Coin Offering (ICO) or Token Generation Event (TGE). Velocity influences […]
January 1, 2022

The Pareto Principle and The Capital Paradox

During times of irrational exuberance in a given growth segment, investors tend to throw standard investment due diligence and filtration out the window thinking logically, “this […]
January 1, 2022

Token Supply & Demand: How to Create Demand & Slow Supply of a Token

When it comes to issuing an Initial Coin Offering (ICO) or Token Generation Event (TGE), there needs to be a compelling reason to invest other than […]
January 1, 2022

Equity Initial Coin Offerings: (Nearly) Every Crowdsale Should Offer Equity

Is the market dead for 100% non-dilutive, massive token and coin crowdsales? Probably not wholly, but investors and issuers are getting smarter about how they both […]
January 1, 2022

Why Raising Capital is So Difficult and Why I Loathe It

These are the confessions of an experienced investment banker with the battle scars to stand as a witness that no capital transaction is ever easy. As […]
January 1, 2022

Raising Startup Capital – Why the Investment Banking Model Does not Play Well with Startups

As we have previously outlined, raising startup capital is tough. It reminds me of the quote often attributed to John Wayne (but still as yet unconfirmed): […]
January 1, 2022

Why Your Business is Not Worth a Premium: An SBA Loan Perspective

“Price is what you pay, value is what you get.”What is the Debt Service Coverage (DSC) ratio?Your business value is most often determined from a very […]
January 1, 2022

Debt Service Coverage & The Opportunity Cost of Capital: Bridging the Investor Chasm in Private Deals

The capital stack on nearly every deal should lead one to conclude that private equity investing is a complete misnomer. Not unlike most business buyers, private equity […]
January 1, 2022

Chasing Yield: Buy-Side Strategies

In a world of ever-present cheap money spurred by QE to infinity, investment in the public and private domain become ever tenuous. Combine today’s cheap capital […]