Private Equity
2 min read · 05 May 2009
It used to be that anyone in the entrepreneurial world had to be keenly cognizant of what was going on in New York City. If you were funded by VCs in Silicon Valley, Boston or Bombay, it still paid to have your CEO and sales team keep eyes and ears in NYC. My how things have changed. New York City feels increasingly irrelevant to most startups as both a source of customers and large amounts of capital. Instead, Washington DC has in many ways become the New, New York.
4 min read · 30 April 2009
3 min read · 27 April 2009
3 min read · 24 April 2009
Finding ways to transfer assets to your family without making significant taxable gifts is critical to the goal of passing the wealth you have accumulated to the next generation. A “GRAT” can leverage the confluence of today’s depressed asset values and low interest rates to help you achieve this goal. However, this is a window of opportunity that exists today and may close in the very near future. Once you have accumulated enough wealth to satisfy your own needs, transferring assets to the next generation - instead of to the IRS - becomes an important goal. The federal estate tax will take 45% of all assets valued in excess of $3,500,000 that you transfer at death to anyone other than your spouse. Many states, Massachusetts among them, also impose a state estate tax.
4 min read · 23 April 2009
1 min read · 23 April 2009
Stop looking away and hoping Somebody does Something. Stand up. Be Somebody and do Something. No one can do everything, but everyone can do something.
5 min read · 22 April 2009
4 min read · 21 April 2009
4 min read · 19 April 2009
Dan Doman, an associate at G-51 Capital, won our March Madness Extravaganza this year, which prompted the following thoughts. Thanks for the opportunity peHUB readers. Hopefully you’ll enjoy my tortured sports metaphors, and laugh instead of grimace at my attempts at comedy. So here are my three rules for winning your office pool and making solid seed-stage investments… or how business and sports sometimes merge in the same lane of the brain. 1. Advance good teams In college basketball, good teams typically have a great floor leader playing the point (CEO), a dependable big man (techie) and a third player that if he gets hot can really carry a team deep (biz dev, sales stud or maybe even a marketer). As an investor, you want the ball in the CEO’s hands; you trust him to lead the attack and minimize costly turnovers, and you depend on him to get the best out of his teammates. This player needs to be coachable or have experience under the spotlight in good times and bad.
6 min read · 17 April 2009
