The Robots Are Coming for Investment Bankers, Not Just Truck Drivers

Hunter Walker

Fascinating New York Times article of the impact an analytics startup called Kensho is having in investment banking. Maybe in ten years investment bankers will stand alongside truck drivers in discussions about safety nets, universal basic income and skills retraining.

The Robots Are Coming for Investment Bankers, Not Just Truck Drivers

Hunter Walker

Fascinating New York Times article of the impact an analytics startup called Kensho is having in investment banking. Maybe in ten years investment bankers will stand alongside truck drivers in discussions about safety nets, universal basic income and skills retraining.

Trending Sources

How One Woman Went From Investment Banker to International Fashion Blogger

Inc Startups

Heidi Nazarudin shares the five habits that took her from Wall Street to sitting in the front row at international fashion shows

3 Reasons to Take an Investment Banker's Call

Inc Startups

If a reputable investment bank is interested in your company, they have a good reason for contacting you. Perhaps the market for your type of company has changed, or the banker may already have a buyer lined up that can take your business to the next level.

VC Whisperer Thought #5: VCs and Entrepreneurs Need To Smarten Up and Hire Investment Bankers

VC Whisperer

Why are both groups so allergic to investment bankers? fund investment money skills success VC venture capital entrepreneur CEO startup cash investment banker finance business VCs and entrepreneurs need to smarten up. You aren''t good at everything, you don''t have infinite amounts of free time, and you don''t know everyone. So why is it that both VCs and entrepreneurs feel they are particularly well-positioned to spend all kinds of time raising money?

How to Choose the Right Investment Banker

Inc Startups

The right investment banker won''t be at all like the guys you see in the movies. Movies and media have painted a pretty grim picture of investment bankers. The almost constant feeding frenzy by network news focused on Wall Street bankers hasn’t helped, either.

Life Lessons From 2 Professionals Who Lived on $0.39 a Day

Inc Startups

Here's what happened when an MIT grad and an investment banker decided to live in poverty in India

Information Arbitrage - ?At many firms, a lot of investment bankers.

Information Arbitrage

How to Find and Leverage an Investment Banker

Inc Startups

A good investment banker is more than just a deal-maker; they can also provide important insights about your business and industry. Investment bankers can be helpful as you weigh your options and can have a meaningful impact on the outcome.

3 Things That Worked When I Pulled an All-Nighter (And 3 That Didn't)

Inc Startups

Level-up your performance the next time you're working late with these 6 strategies from seasoned investment bankers, "hackathon" sleep doctors, and battle-hardened Navy SEALs.

7 Important Ways to Prepare For Your Next Career

Inc Startups

This successful investment banker and now Stanford Fellow shares his second career learning Rarely do people stay in the same career their entire life.

Is Your Investment Banker Willing To L.E.A.R.N.?

Inc Startups

Meet with and interview multiple bankers who are willing to hear what you have to say. A skilled investment banker has the ability to market your company. To achieve this perfect scenario, your investment banker needs five skills that are honed to perfection.

Techstars Equity Back Guarantee

Feld Thoughts

While I wish my lawyers, accountants, and investment bankers offered a money back guarantee, I accept that isn’t changing anytime soon. Today Techstars announced an “ equity back guarantee ” for any company that goes through the Techstars program starting in 2015.

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Public Closing Dinner For Gnip/Twitter Deal – #BoulderWin

Feld Thoughts

The people in the room are the founders of the company, the executives, the board members, other major investors, the lawyers who worked on the deal, and the investment bankers – if any were involved. My Investments #boulderwin EFCO entrepreneurs foundation gnip twitter Whenever a company gets acquired or goes public, there is often a fancy closing dinner. It’s usually at a nice restaurant in a private room. The wine is expensive and the toasts are many.

Outsource things you don’t care about

Chris Dixon

You probably shouldn’t hire an investment banker during an acquisition unless your company is later stage. A fundamental principle of business is that you do things in house that you think can give you a competitive advantage and outsource things that you don’t. At an early-stage technology company this means you do in house: product design, software and/or hardware development, PR, recruiting, and costumer relations/community management.

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Techstars and The Nature Conservancy

Feld Thoughts

One of my favorite ideas of his is that we can ensure more financial resources go toward conservation by getting the world to fully appreciate the opportunity to invest in nature. We had a good exchange about a number of creative approaches TNC taking to conservation and sustainability and I started referring to Mark as Nature’s Investment Banker. The Nature Conservancy and Techstars just announced a partnership to create the Techstars Sustainability Accelerator.

Three types of acquisition – view from a public company CEO

The Equity Kicker

This sort of tallies with my experience and what I’ve heard lots of investment bankers say over the years, which is that companies get acquired for up to around $100m without having to show that they are sustainable in the long term. At a conference last week Autodesk CEO Carl Bass said that he thinks about acquisitions in three buckets: companies that are really people who have a technology that Autodesk wants to build up (acquihires).

Grinfucking

Feld Thoughts

I first heard the word “ grinfucker ” a decade or so ago from a close friend who was a former investment banker. He said, in response to a meeting we were in with a person who was very polite and charming “he’s such a grinfucker.” ” I loved the word and, as I found out later, it described the person perfectly.

The Importance of Proprietary Deal Flow in Early-Stage VC

Both Sides of the Table

There is one source that was always problematic for me – intros from investment bankers. This is no criticism of the investment banking industry (although I’m sure some will read it this way) for which there are very useful purposes.

What you need to know about warrants

StartupCFO

Warrants are typically given to investors as an incentive for investing. The lender now holds a warrant enabling them to invest $ 500K to buy shares in your company at the price of the most recent financing round. So for every $100 of investment you will issue $5 – $10 of warrants. As such, one place where you should not give warrants is to investment banker types.

Agile success generates great feelings

Taffy Williams

One investment banker working on a current deal says: “When the ducks quack you feed them.” He means that investors wax and wane relative to investment opportunity. The highs and lows may not match your need and timings for obtaining cash investment.

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How To Get The Right Investor To Fund Your Startup

Startup Professionals Musings

They call first investments at this stage the “A-round,” and often follow with a B-round through G-round. Growth stage investments from VCs are usually $5 million and up. Time is too precious to waste trying to close a deal with the wrong investors at the wrong time.

What Gladwell's 10,000 Hour Rule Means For Selling Your Business

Inc Startups

That pro is an investment banker. The best investment bankers in the world also have a support team. Some other traits of investment bankers: Many investment bankers hold advanced degrees in finance, management, economics, and/or other related degrees.

Corporate Development 101: What Every Startup Should Know

OnStartups

Our charter was simple: add significant market cap value through acquisitions, investments, and partnerships. Sometimes the charter includes strategic partnerships and minority investing - for example, at BEA Systems, we adopted the former model.

How To Match Your Startup Stage To Investor Interest

Startup Professionals Musings

They call first investments at this stage the “A-round,” and often follow with a B-round through G-round. Growth stage investments from VCs are usually $5 million and up. Time is too precious to waste trying to close a deal with the wrong investors at the wrong time.

A Founder's Guide to M&A

Hazard Lights

As a result, there is not much of a role that an investment banker can play, although a third party consultant or adviser might be helpful with introductions or unique insights into companies you don''t know well yourself.

Find Your Calling: How to Ask Yourself the Right Questions

Inc Startups

After graduating from Cornell, I followed the herd and became a Wall Street investment banker. I knew I had to stop doing the whole banker thing (much to the chagrin of my Asian parents) and "find my calling."

In Bankruptcy Again, American Apparel Still Takes On Massive Debt

Chaganomics

Every investment banker appreciates a good loan. Filene's Basement filed Chapter 11 three times in 12 years, essentially Chapter 33, before closing for good. The idea is that a company goes into Chapter 11, restructures and emerges ready to whether the current economic industry conditions, and packed full of long term plan after long term plan for success, or at least an event that leads to value. However, apparel companies in this day and age cannot afford debt with a premium.

The Best Product Person of 2011 is…

The Product Guy

Giff’s career path has traveled that of entrepreneur, artist, and investment banker — no doubt, all contributing to his outstanding product person success. The Best Product Person of 2011 nominations have begun!

The emotional off-switch

The Equity Kicker

It isn’t just bankers and investors that need an ‘emotional off-switch’ Entrepreneurs (and possibly everyone who takes big decisions) needs one too.

UK-Israel High-Tech Council will bring together the key figures in tech on both sides

VC Cafe

On the Israeli side, the Hub will be led by Carmel Gerber , a former investment banker and entrepreneur who relocated from the US to Israel. Help Israeli companies secure UK investments and gain access to UK’s capital markets.

Financial firm heads accused in Chicago of insider trading

Winston-Salem Journal State/Region News

CHICAGO (AP) — Federal prosecutors in Chicago have charged a former financial analyst and former investment banker with securities fraud for alleged insider trading

Getting Introductions to Investors - The Ranking Algorithm

Seeing Both Sides

He personally invested (another huge positive signal in the ranking algorithm) and we ended up leading the company''s seed and Series A. VC investors may have 8-12 actives investments at any time. Service providers they respect (lawyers, bankers, accountants, headhunters).

Is A 180 Day Lockup Typical When A Company Goes Public?

Ask The VC

There are exceptions, but when you see different provisions, it’s always driven by the investment bankers, not the company or investors. Question: A company I used to work for has registered to IPO. Apparently I have to wait 180 days until after the company goes public to sell. Is this typical? When do investors get to sell? What happens when everyone gets to sell at that 180 day point? Does the stock usually tank? Or is there a provision to spread out the sales?

7 Fintech Start-up Companies Changing Our Relationship With Money

YoungUpstarts

So, here are 7 fintech start-ups looking to change how we save, spend, invest and create money: 1. Kensho can potentially replace all of those market strategists on Wall Street, and it can offer advice and crunch data, which should also make many investment bankers nervous as well.

When to Be Wary of Investment Bankers

Inc Startups

It is critical to choose the right investment banker for your exit, as they can make or break the process

12 Tips for Choosing Effective KPIs

Up and Running

Contact an investment banker, and ask how similar companies are being evaluated and acquired. Vanity metrics measure how much you’re being seen, but they don’t tell you much about how your business is doing.

Startups: 10 Things MBA Schools Won't Teach You

OnStartups

a moderate amount of harm was inflicted on MBAs — and investment bankers, in the. investment banker after getting an MBA. (I investment banker before getting an MBA).

A Message To Graduating MBA’s

Feld Thoughts

If you’ve dreamed of being an investment banker or consultant to Fortune 1000 companies since you were 10, then Goldman Sachs or McKinsey is looking for you. If you want to be an entrepreneur, working at an investment bank or consulting firm for a while is pointless. I gave a talk yesterday to a class of soon-to-graduate MBA students at CU Boulder yesterday.

5 Reasons Investors Should Keep Their Eyes On Omaha, Nebraska

YoungUpstarts

Warren Buffett is known to avoid embracing new technologies ever since his famous remark during the dot-com bubble of the 1990s that he doesn’t invest in technology because he doesn’t understand it. Admittedly, many Omaha investors are still wary of early stage investments.

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