Tag: IPO

  • A Tale of Three Crypto Coins

    The initial coin offering (ICO) train is moving full steam ahead. This train has been building steam for awhile starting with Bitcoin. Bitcoin tested out the use of cryptographically distributed ledgers at a global level.  From the bitcoin test, we are now seeing all kinds of different tokens being issued out on crypto ledgers. Along […]

  • The Irrational Exuberance of ICO’s

    Investors be on the alert. Blue skies is really blue skies. The term blue skies came from commissioner Dolley in 1911 of Kansas stating “speculative schemes which have no more basis than so many feet of ‘blue sky‘ ” referencing the amount of company stock issued to the amount of blue sky above you. We are […]

  • 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 […]

  • The New New Startups of Silicon Valley

    Most people have heard of the term called “Pegasus” or “Unicorn” in the startup world to describe a mythical startup valuation of $10B+ or $1B+.  There is another mythical creature called the “Centaur” with valuations of $100M+ and the “Pony” with valuations of $10M+.  Although the Pegasus and Unicorn are getting all the recognition, Centaur’s […]