There´s a secret world of investing controlled by angel investors and venture capital. One investment has been the secret of the wealthy for more than 80 years. It accounts for nearly a fifth of the wealth for million-dollar investors and nearly four times the return compared to stocks. Investing in startups has led to an average 27 percent return for wealthy investors, nearly four times the average 7.4 percent annual return on stocks over the decade to 2013. When asked where they invested their money, investors with an average of $7.6 million told BNP Wealth Management those alternative investments like venture capital and startups were their second-largest investment after their own business. Consider Peter Thiel´s 2004 investment of $500,000 in Facebook as its first outside investor. By the time the rest of us could invest in Facebook, Thiel had already made $1.7 billion for a 340,000 percent return on his investment. Welcome to the world of startup investing and equity crowdfunding. I´ve spent nearly a decade analyzing startup investments for venture capital firms and angel investors. I set up the research department for one venture capital investor and managed a team of six analysts, poring over pitch material and market research to find the best startups in which to invest. Investing in startups is like nothing you´ve ever seen in the stock market. These companies aren´t covered by analysts, and you won´t find a P/E value on Yahoo Finance. You won´t hear other venture capital investors or angel investors sharing their process or picks on TV either. They don´t want you stealing those 27 percent annual returns. That´s what this book is all about, using a process I have developed over years as a venture capital analyst to avoid the risks in startup investing and find the best deals. It´s not an easy process. It involves research and strategic planning on your part. I´m ready to sha 1. Language: English. Narrator: Joseph Hogue. Audio sample: http://samples.audible.de/bk/acx0/082242/bk_acx0_082242_sample.mp3. Digital audiobook in aax.
When Facebook went public on the Nasdaq in 2012, many of Facebook´s 3,000 employees became millionaires, and many more were handsomely rewarded for their dedication, commitment, and appetite for risk. The same is true of countless IPOs throughout history from Google to Microsoft. The investors, employees, and partners that ´´got in early´´ reached a height of financial abundance that many ordinary folk only dream of. Until recently, these types of startup investments were only accessible by the ultra-wealthy. They were hidden from ordinary investors, like you and me. Put simply, the government prohibited you from investing in early-stage startup companies. You couldn´t just log onto an Online marketplace and buy shares in the next hot startup, that is, until everyone already knew about it. For a while, investors found these traditional regulations to be satisfactory. It helped protect them from risky companies with experimental prototypes. But, as time went on, that assent turned into outrage. The world watched as companies, like Oculus, created the next generation of virtual reality technology and then got acquired by Facebook for $3 billion. It might sound like a big win, but in reality, none of the 9,522 backers that pledged a total of $2.4 million to the Oculus Kickstarter campaign actually had any equity stake from the transaction. They were pledging or donating money, not investing it. They didn´t really get a piece of the action. There´s no doubt that the world that we live in has been transformed by companies like Facebook, Uber, Tesla, Google, Amazon, and many more. Now, for the first time in history, you can not only be a part of that change, but you can also profit from it. You can become the next stakeholder in a fast-growing startup company that´s on the path for an IPO or major acquisition. This audiobook is your passport into the new world of equity crowdfunding, where startups are raising money Online from investors all 1. Language: English. Narrator: Salvador Briggman. Audio sample: http://samples.audible.de/bk/acx0/118543/bk_acx0_118543_sample.mp3. Digital audiobook in aax.
Private equity firms have long been at the center of public debates on the impact of the financial sector on Main Street companies. Are these firms financial innovators that save failing businesses or financial predators that bankrupt otherwise healthy companies and destroy jobs? The first comprehensive examination of this topic, Private Equity at Work provides a detailed yet accessible guide to this controversial business model. Economist Eileen Appelbaum and Professor Rosemary Batt carefully evaluate the evidence including original case studies and interviews, legal documents, bankruptcy proceedings, media coverage, and existing academic scholarship to demonstrate the effects of private equity on American businesses and workers. They document that while private equity firms have had positive effects on the operations and growth of small and mid-sized companies and in turning around failing companies, the interventions of private equity more often than not lead to significant negative consequences for many businesses and workers. Prior research on private equity has focused almost exclusively on the financial performance of private equity funds and the returns to their investors. Private Equity at Work provides a new roadmap to the largely hidden internal operations of these firms, showing how their business strategies disproportionately benefit the partners in private equity firms at the expense of other stakeholders and taxpayers. In the 1980s, leveraged buyouts by private equity firms saw high returns and were widely considered the solution to corporate wastefulness and mismanagement. And since 2000, nearly 11,500 companies representing almost 8 million employees have been purchased by private equity firms. 1. Language: English. Narrator: Colleen Patrick. Audio sample: http://samples.audible.de/bk/acx0/028511/bk_acx0_028511_sample.mp3. Digital audiobook in aax.
As an entrepreneur, your success depends on business communication skills. Whenever you make a powerful business presentation, deliver a winning pitch, or ace your business meeting, you have the potential to deliver a shot of financial adrenaline to your passion project. You can get the money you need to launch a startup, develop a business idea, or put investment capital to work and make investors happy. And who´s listening to your pitch for money? An intelligent investor, who is always looking for new ventures that have a strong team, the potential to dominate a market, and a plan for future growth. That´s the game of investing 101. But what do you do when the rules of the game change? With the advent of online investing in the form of equity crowdfunding, the JOBS Act opening the doors for new investors, and a new crop of startups reimagining and disrupting markets every day, there has never been a better time for entrepreneurs to raise money or for angel investors to seek new investments. With so much change, however, comes uncertainty. What angel investors and entrepreneurs need is a playbook, a manual that delivers the secret formula for financial success. That playbook has arrived. The Angel Playbook delivers the business communications techniques, methods, and mindset needed by entrepreneurs and angel investors to prosper and win. Experts interviewed for the Playbook include experienced angels like John Harbison of Tech Coast Angels; Kevin Laws, COO of AngelList; Pocket Sun of SoGal Ventures; and Ross Blankenship of Angel Kings. The success secrets of equity crowdfunding are revealed by Ron Miller of StartEngine and Aaron Pollak of Venture.co. Chris Bechtel of Growth Engine Labs talks about how new ventures get traction, and Jessica Mah of inDinero walks us through the process of sustaining early success. Startup founders and investors alike will benefit from the Playbook´s advice on how 1. Language: English. Narrator: Bobby Brill. Audio sample: http://samples.audible.de/bk/acx0/087102/bk_acx0_087102_sample.mp3. Digital audiobook in aax.
To make profitable investment decisions you need to be able to read and analyze financial statements.The fundamentals of ratio analysis are important skills for any investor, executive/manager, and entrepreneur/small business to grow.Without it, you won´t know what your margin profile is, or how leveraged a stock/business is, or even if you´re making cash flow. I´ll teach you how to analyze any stock or business and be able to tell how it is performing right away. You will learn financial ratios for a variety of uses including:Evaluating margins: Learn how to calculate and interpret gross margin, operating margin and net margin. Determining liquidity: Is the stock about to go bankrupt? Assessing liquidity is important to make sure a stock is solvent in the short term. You´ll learn about how to analyze working capital and use the current ratio in your decisions. Assessing debt and leverage: Warren Buffett (along with other popular value investors) like to avoid stocks with large amounts of debt. This is because large debt could result in earnings pressure or even bankruptcy. Learn how to evaluate various debt metrics like debt/equity and debt/EBITDA.Calculating profitability: There´s more than one way to evaluate the profitability of a business. Warren Buffett´s favorite metric is return on equity (ROE) - which is discussed in the book. But we´ll also go over other popular metrics. Measuring activity and efficiency: How long is it taking your business to sell its inventory? How long does it take to collect your receivables from customers? These are all important things to know. I´ll teach you how to measure the activity of your working capital to ensure cash flow is optimized. Stock valuation: Never over-pay for a stock/business ever again. 1. Language: English. Narrator: Andrew Li. Audio sample: http://samples.audible.de/bk/acx0/154600/bk_acx0_154600_sample.mp3. Digital audiobook in aax.
For many startups and growing companies, gaining marketing exposure and raising external funding from investors are first and second on their priority list. But, until recently, they were always separate activities - first you would raise the money, and then you would spend it on marketing. The advent of equity crowdfunding means these two critical tasks can be done at the same time. This is a game-changer. Unlike venture capital, the company founders get to set their own offer terms, retain their company culture, and bring on dozens, or even hundreds of shareholders rather than just a tiny handful - and gain all the promotional benefits that come with this. And unlike the crowdfunding offered by sites like Kickstarter and Indiegogo, equity crowdfunding allows a company to offer shares in itself, instead of a pre-ordered product. This means equity crowdfunding can be used by far more types of businesses, and typically attracts a lot more money. Companies regularly raise hundreds of thousands, or even millions of dollars through equity crowdfunding. This book will tell you how! Equity crowdfunding offers amazing potential for startups and growing companies, but it is also a very steep learning curve. Many companies begin with no real idea of how to choose a platform, how to craft their pitch, or what they should be doing to drive people to their offer site. In this step-by-step guide, you will learn: The forces which have brought equity crowdfunding to where it is today How to tell whether equity crowdfunding will be a good fit for your company The biggest mistakes that can kill an offer before it has even begun How to build critical momentum - one company raised £1 million in 96 seconds! How to construct a marketing plan to get people literally counting down to your launch 1. Language: English. Narrator: Nathan Rose. Audio sample: http://samples.audible.de/bk/acx0/083772/bk_acx0_083772_sample.mp3. Digital audiobook in aax.
Go inside the trend that spawned a multi-billion dollar industry for the top five percent. Sweat Equity goes inside the multibillion dollar trend toward endurance sports and fitness to discover who´s driving it, who´s paying for it, and who´s profiting. Bloomberg´s Jason Kelly, author of The New Tycoons, profiles the participants, entrepreneurs, and investors at the center of this movement, exploring this phenomenon in which a surge of people - led by the most affluent - are becoming increasingly obsessed with looking and feeling better. Through in-depth looks inside companies and events from New York Road Runners to Tough Mudder and Ironman, Kelly profiles the companies and people aiming to meet the demands of these consumers, and the traits and strategies that made them so successful. In a modern world filled with anxiety, pressure, and competition, people are spending more time and money than ever before to soothe their minds and tone their bodies, sometimes pushing themselves to the most extreme limits. Even as obesity rates hit an all-time high, the most financially successful among us are collectively spending billions each year on apparel, gear, and entry fees. Sweat Equity charts the rise of the movement, through the eyes of competitors and the companies that serve them. Through conversations with businesspeople, many driven by their own fitness obsessions, and first-hand accounts of the sports themselves, Kelly delves into how the movement is taking shape. Understand the social science, physics, and economics of our desire to pursue activities like endurance sports and yoga. Get to know the endurance business´s target demographics. Learn how distance running - once a fringe hobby - became a multibillion dollar enterprise fueled by private equity. Understand how different generations pursue fitness, and how fast-growing companies sell to them. The opportunity to run, swim, and crawl in 1. Language: English. Narrator: Eric Jason Martin. Audio sample: http://samples.audible.de/bk/adbl/028922/bk_adbl_028922_sample.mp3. Digital audiobook in aax.