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Venture Capitalists and the Upside-Down Pyramid

In response to my post on VC's increasing use of operationally focused team members, HBS professor Noam Wasserman sent me an excerpt of his dissertation on 'The Venture Capitalist as Entrepreneur: The Characteristics and Dynamics Within VC Firms'. A key point he makes in this paper is that, "Most [...continue reading]

HBS Club of CT, Nov. 19 event: Private Equity Operating Executives Panel with Goldman Sachs, General Atlantic, CVC Capital

The Harvard Business School Club of Connecticut invites you to a Panel Discussion on It's the People: Improving Private Equity Portfolio Company Valuations by Working with Operating Executives Bush-Holley Historic Site 39 Strickland Road, Cos Cob, CT [...continue reading]

Managing the Online Identify of a Venture Capital/Private Equity Firm

Seth Levine has posted the slides from his portion of Thomson Reuters Buyouts recent webinar on "Boosting Returns with Web 2.0 Technology". Also, Buyouts magazine has posted a detailed summary of the panel. You can get a sense of my slides on the deal origination page of my site. [...continue reading]

Venture Capital and Private Equity Funds’ Use of CRM

Paul Greenberg just posted a summary I wrote of how private equity and venture funds are using CRM at his blog. I've cross-posted it here: Paul asked me to write a brief summary of the findings of my research on Best Practices in Private Equity and Venture Capital Deal Origination. [...continue reading]

Asset Managers and How They Power Their Businesses with Salesforce CRM

For our research project on VC/private equity deal origination, Renny Monaghan of Salesforce pointed me to a 2008 Dreamforce panel on Asset Managers and How They Power Their Businesses with Salesforce CRM. The video and Powerpoint are downloadable here. My notes follow. I think [...continue reading]

Why Do Investors Choose High-fee Mutual Funds Despite the Lower Returns?

With their combination of low fees, tax efficiency and simple, autopilot investing style, index funds seem to have captivated American investors. At the same time, however, many investors still hold trillions of dollars in high-fee funds despite well-publicized evidence that low-fee alternatives [...continue reading]

Is It the Fund or the Fund Manager that Fuels Performance?

Is It the Fund or the Fund Manager that Fuels Performance?"When it comes to the world of work, mutual fund managers are a respected breed. Yet what part does the fund itself play in a successful outcome? Klaas P. Baks, assistant professor of finance at Emory University's Goizueta Business School, [...continue reading]

The Wisdom of Warren Buffett

Via Marty Schwimmer, here are notes from a meeting with Warren Buffett. This sounds extremely similar to the talk I heard from him when I was in business school. [...continue reading]

How Mutual Fund Managers Exploit Opportunities to Maximize Fees – Knowledge@Wharton

How Mutual Fund Managers Exploit Opportunities to Maximize Fees: yet more reasons to review the fees you're being charged carefully. [...continue reading]

A New Strategy for Venture Investors: Hedge

A New Strategy for Venture Investors: Hedge - Knowledge@Wharton [...continue reading]