16
05
Aug

Comments(Reply)
Category: Blog

If You Can’t Beat Them, Buy Them:

Unilever is purchasing Dollar Shave Club, a five-year-old start-up for men’s shaving and grooming products. The online business founded in 2011 by Mark Levine and Michael Dubin in order to beat the high costs of razors. The company was able to disrupt the industry through its subscription based platform for ordering shaving products at a cheaper cost than purchasing supplies from a brick and mortar store. The leading brand that dominated the industry, Gillette, had Procter & Gamble paying approximately $57 billion in advertising and shelf space. The Dollar Shave Club posted a non-comical advertisement on Youtube in 2012, and within 2 ...


16
29
Jul

Comments(Reply)
Category: Blog

Twilio Publicly Traded

Twilio is trading on the NYSE ticker symbol $TWLO while the globe is awaiting the outcome of the United Kingdom’s referendum on its European Union membership. The stock opened 60% higher, at $23.99 before extending gains to $24.71, up to approximately 65%. Twilio’s IPO marks the first US venture-backed tech IPO in 2016 despite the volatility throughout the year. The cloud software developer priced its IPO at $15 per share, above the $12-$14 range that was proposed in an updated IPO prospectus. It is currently trading at approximately $40.00 per share as of July 29, 2016. The company is entering the public market with tracti ...


16
22
Jul

Comments(Reply)
Category: Blog

Spotify Planning IPO

Spotify struck up a deal to raise $1 billion in convertible debt from investors – a deal that extends the company’s runway but comes with guarantees. In return for the financing, Spotify promised its new investors strict guarantees tied to an IPO. If Spotify holds a public offering in the next year, TPG and Dragoneer will be able to convert the debt into equity at a 20% discount to the share price of the public offering, according to two people briefed on the deal. After a year, that discount increases by 2.5 percentage points every six months, the people said. Spotify also agreed to pay annual interest on the debt that starts a ...


16
15
Jul

Comments(Reply)
Category: Blog

Don’t Bet on the Unicorn, Bet on the Jockey:

As of, June 23rd, Twilio is leading the pack of technology companies to go public. The stock priced its IPO at $15 dollar per share, an increase from the original $12-$14 per share range, and it opened 60% higher at $23.99 on its IPO. With such an explosive IPO, investors should ask themselves how they should seek out alternative investments and secondary market pre-IPOs. One method is to invest directly into private companies where investors must assess if the company financial healthy and if there is a foreseeable liquidity event. With this method of investment, it is unclear if the company will be of value for your portfolio without ...