The world appears to be suffering from a shortage of entrepreneurs. The main reason is the very risky nature of entrepreneurship: Society pays average founder millions of dollars but pays nothing to the median founder. We could build a financial fix (a founders’ mutual) to ever so slightly reduce this risk. This would move hordes of talent from their safer BigCo jobs into entrepreneurship. It could also give society more innovation per venture dollar risked
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The 2019 Manole Capital interns (from the University of Tampa) just completed our 2nd Annual “Gen Z” financial services survey. The first series of questions and answers discusses the BANKING industry, with a focus on brands, branches and technology. We uncovered some interesting banking trends and the team did some detailed analysis on what is plaguing Wells Fargo
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The following report is provided free each week by McAlinden Research Partners exclusively to members of Hedge Connection. Today’s issue cluster focuses on the Cryptocurrencies
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Reinvention is typically comprised of multiple strategic initiatives, often requiring investment that results in short-term profit pressure. Moreover, there is some level of execution risk, and the changes typically require new talent/skillsets. And, there is always concern about a loss of focus on the base business. Given that each initiative is new, it is often challenging to quantify success early on and the timing of returns. Yet, it is essential to implement change or risk irrelevancy
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We’ve heard a lot of buzz for years now about the “carried interest loophole” that hedge fund managers take advantage of. Critics of this loophole have suggested that it allows such managers to earn big profits from securities trading without paying taxes. While there is some truth in the notion that carried interest represents a tax deferral for managers of certain types of investment funds, this is not the case for many managers of true “hedge” funds
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