Strategy

What Happened to Venture Capital? UBC Sauder School of Business

by Basil Peters | January 10, 2014 | no responses

What Happened to Venture Capital

This was a lecture to the MBA Entrepreneurial Finance Course at the University of British Columbia Sauder School of Business.

Here's what happened to the Venture Capital industry:

  • Intel, Microsoft and Cisco aren't making money for their shareholders
  • Or, more importantly, for their employees
  • That's part of the reason the best and brightest are now working in startups
  • Big companies have lost their a...

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Exit Execution

The Psychology of Exits

by Basil Peters | September 12, 2012 | 6 Comments

Basil Peters at the AM&AA Summer Conference 2012

When a saleable company fails to sell, it's often the seller's psychology that kills the transaction. Most of the time, the seller doesn't even know that they were the reason their company failed to sell. This talk describes the seller psychologies that can kill exits. The Psychology of Exits Presented at the Alliance of Merger and Acquisition Advisors Summer Conference July 10, 2012 in Chicago

Highlights:

Exit Strategy

Why Exits are So Hard to Learn – Part 1

by Basil Peters | April 21, 2012 | 4 Comments

Exits in 2012- Part 1

How Exits Have Changed in 2012 - Presented at the National Angel Capital Association Summit - March 8, 2012 in Austin, Texas -

Highlights of Part 1:

  • Investing is easy - getting our money back is much more challenging
  • Three reasons why it's more challenging to learn about exits than investing
  • Exits just don't happen very often - learning ...

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M&A Buyers

New M&A Buyers and Our Sellers Market – Part 2

by Basil Peters | April 20, 2012 | 8 Comments

Exits in 2012 - Part 2

How Exits Have Changed in 2012 - Presented at the National Angel Capital Association Summit - March 8, 2012 in Austin, Texas -

Highlights of Part 2:

  • Boomer buyers - a new category of buyers for companies in the $20 million range
  • Family offices - not a term we heard much in North America until recently
  • A surprising new ty...

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Exit Timing

Exit Timing – Exits are Happening Earlier – Part 3

by Basil Peters | April 19, 2012 | 2 Comments

Exits in 2012 - Part 3

How Exits Have Changed in 2012 - Presented at the National Angel Capital Association Summit - March 8, 2012 in Austin, Texas -

Highlights of Part 3:

  • Story of a Vancouver company that was acquired before it's first year end
  • A possible new record - the company acquired by AOL just four days after its product launched
  • Ideal exit timing for your company and ...

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Exit Timing

Waves of Consolidation – The CEO’s Most Important Job – Part 4

by Basil Peters | April 18, 2012 | 2 Comments

Exits in 2012 - Part 4

This video explains why I believe that not missing the "Wave of Consolidation" may the successful CEO's most important job. How Exits Have Changed in 2012 - Presented at the National Angel Capital Association Summit - March 8, 2012 in Austin, Texas -

Highlights of Part 4:

  • The most devastating reason that companies fail to ...

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Entrepreneurship

Being an Entrepreneur in the 21st Century -Part 1

by Basil Peters | | no responses

Being-an-Entrep-Part1_200X97

Highlights of Being an Entrepreneur in the 21st Century - Part 1:

  • Everyone living here has enjoyed a very high standard of living.
  • Unfortunately, that's changing. The economy has changed. The whole world is changing.
  • Entire countries are bankrupt and more are certain to follow. Lehman Brothers is gone. GM was bankrupt.
  • Why is this happening? Quite simply - global trade. The world has become a very ...

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Entrepreneurship

Being an Entrepreneur in the 21st Century -Part 2

by Basil Peters | | no responses

Being-an-Entrep-Part2_200X98

Highlights of Being an Entrepreneur in the 21st Century - Part 2:

  • Uh, Oh. These are our friends and family! And we really need their money.
  • The solution: Fairness, Alignment and Governance. All built into the structure of the company.
  • More good news is that there are lots of angel investors.
  • Angel Co-Investment - groups of angels now often invest $5 to $10 million in a company over several rounds.<...

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Entrepreneurship

Being an Entrepreneur in the 21st Century -Part 3

by Basil Peters | | no responses

Being-an-Entrep-Part3_200X97

Highlights of Being an Entrepreneur in the 21st Century - Part 3:

  • Many big companies have so much cash that it's a problem.
  • Big companies are not the only buyers. There are many more medium and small sized buyers.
  • And an even larger number of successful, wealthy, boomers who have realized they aren't ready to retire.
  • A "weekender" is where entrepreneurs build an entire company in a weekend.
  • ...

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