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How to ATM a Unicorn
This is no Aprils Fools… This is another case of unicorn slaying. Lets see how this slay unfolds. Recently Spotify issued a $1B convertible debt from TPG, Dragoneer, and Goldman Sachs clients. We will call them the VC mob (VCM). Terms: VCM can convert the debt to equity at a 20% discount of the IPO…
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Innovator David Bowie Passes Away
David Bowie, known for his eccentric style of music, fashion, and theatrical performances has passed away January 10, 2016. He was very influential to several generations from the 70’s to the 80’s and more. What most people forget is his contribution to the financial industry. He was a financial innovator with his famous “Bowie Bonds”.…