Mollyycolllinss Categories Finance
There you'll find links to all my podcasts, the TTMYGH newsletter, and other exciting future projects.
2/ In 2020, I reignited my passion for interviewing brilliant people by launching The Grant Williams Podcast in various forms, including The End Game, The Super Terrific Happy Hour, and The Narrative Game.
3/ Starting February 1, I'm taking the bold step of moving these podcasts completely behind a paywall.
For the very affordable price of only $10 a month, listeners can gain access to the Copper Tier of https://t.co/fxUfH8maI4, which includes all current & future podcasts.
4/ Why am I doing this? First and foremost, I aspire to create VALUABLE content. By definition, if something is priced at $0, it isnāt valuable. The time, effort and creativity that goes into these episodes is substantial. To keep doing them properly, they can no longer be free.
5/ I also strongly believe content creators should be able to make a living creating content. If everything is free, thatās not possible. I never seriously considered accepting outside sponsors ā complete integrity is too critical to me.
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Equity/ownership is a force. Getting it in the hands of the right people generously will drive alignment and execution.
— Joey Santoro (@Joey__Santoro) January 21, 2021
It is a joyful and serious responsibility \U0001f332
1/ The discount you offer to strategic investors is both to account for the risk of an unlaunched product, but also as compensation for continued value add and support.
So make sure you know the investor will support you and not leave you on read once the docs are signed!
2/ Having someone on your cap table/ token allocation is as important as hiring.
You wouldn't hire someone just because they are influencers on Twitter- you do your reference checks and find evidence of value add from other companies the investor has invested in.
3/ Don't trust, verify.
Many investors will promise you the world when they're trying to get on your cap table.
Talk to founders they backed to see how much of it is bullshit. Ask them about how the investor was there for them during hard times.
4/ Don't just go for "name brand" funds because you want the brand.
Sure, it's great validation, but optimize for fit, not vanity.
However, I do think many well-known VCs are good actors, especially those with roots in successful trad VCs. They have a rep for a reason!
If the pics in this @BootstrapCook thread are true and correct then the Govt/taxpayers & families in need are getting absolutely SHAFTED šš½ 2/
Hi all. I\u2019ve been sent LOTS of photos of the food parcels that have replaced the \xa330 vouchers and asked what I would do with them. I\u2019m replying with advice privately because to do so publicly would look like justifying these ill thought through, offensively meagre scraps /1.
— Jack Monroe (@BootstrapCook) January 11, 2021
There are some mitigating circumstances. A Ā£30 box wonāt ever contain Ā£30 (retail) worth of food - people arenāt factoring in
-the cost of the box
-paying someone to fill it
-rent & rates
-& most expensive the *transport/distribution*
3/
If youāre doing the above at scale. Delivering *across the UK* itās not cheap BUT IMHO there should be at LEAST Ā£20 worth of groceries in a Ā£30 box. To get more value they need more fresh produce. Just carrots & apples is terrible. 4/
Iām gonna put my rep on the line here & say something about these big national catering companies whose names Iāve seen mentioned. They are an ASSHOLE to deal with & completely shaft small businesses like mine with their terms which is why I wonāt deal with them. 5/
I pray they can get Justice but I'm not holding my breath. You have too many GOP who want to just sweep all this under the rug, and even though we did our part and voted blue, GOP still seem to have control. I don't think that's going to change.
— Rls (@Rls21737491) January 27, 2021
This is a unique inflection point. For decades we have allowed ourselves to fall into a pattern of governance where one party advances our nation with a focus on equitably caring for our nationās people and an eye global stewardship.
After 8 years, the people get seduced (their natural discontent eventually being harnessed and weaponized politically in order to flip the center). This is understandable and works both ways. As with COVID, the work done over those 8 years has lagging indicators.
The first half of that time in power is spent course correcting the corporate policies inacted by the previous administration. The second half is spent future building. That future arrives after the eight years are up. This further muddies the water.
The connection between good governance and the peopleās happiness and prosperity is muted and difficult to point out for anyone not flooding themselves with the world of politics.
Finding collateral where there isnāt any ... aka, my most innovative idea (and Iām giving it to you for free)!
Letās revisit this thread from my early (active) Twitter days. A few questions you might ask:
1) What was my collateral (why did I make this loan)?
2) Why did I have any leverage with the company at all (short of a foreclosure)?
3) Why did the ādeep pocketsā buy me out?
My typical mezz deals are to companies in 1/3 categories:
— Matt Willes (@SkolCapital) August 27, 2020
1) M&A
2) Growth Capital
3) Special Situations ...
Here\u2019s an example on #3:
Let me pick up the story with two assumptions I had going in:
1) I didnāt trust the owner/operator (at all)
2) I knew the PE group (that had offered $200 M) well, and I knew who they were proposing to bring in to run the company had they bought it
#2 (plan B) made sense to me
The senior ($ZION) had the collateral locked up and controlled any formal foreclosure/bankruptcy.
The idea of a convertible had some appeal but you canāt really do anything with 5-10% of a business
My solution: ādefault conversionā at an unfair valuation
I negotiated a deal that if the company defaulted (and only if they didnāt cure the defaults) I had the option to convert into preferred stock representing a fully diluted 40% of the business
https://t.co/IJL2g1HZp7 Signing + notary this channel highly recommend she gives good info
2. Insurance adjusting claims adjuster of the year goes over everything you need to become an adjuster and more and yeah she cool
Drones drone drones i swear drones are more than just taking photos lol swear drones gonna make me rich but yeah get your FAA 107 drone license and freelance and
4.Wholesaling
Learn how to help homeowners out of their tough situations they may be going through and flip real estate with little money