Not exact matches
Historically, options contracts were created to help farmers and other
commodity producers lock in a sales price for their crops before they were ready to sell
on an
open market.
The company has also had to take big losses related to write - downs of the value of its oil and gas assets, to reflect the lower prices these energy
commodities are garnering
on the
open market.
Interestingly, just as in every other
commodity market, the greatest defense for venture capitalists turns out to be brand: firms like Benchmark, Sequoia, or Andreessen Horowitz can buy into firms at superior prices because it matters to the startup to have them
on their cap table.5 Moreover, Andreessen Horowitz in particular has been very
open about their goal to offer startups far more than money, including dedicated recruiting teams,
marketing teams, and probably most usefully an active business development team.
Like other classes of assets such as stocks,
commodities have value and can be traded
on open markets.
Niederhoffer — the only player to wrest the North American
Open title from Khan in the»70s, which he accomplished in 1975 — thinks there are similarities between playing squash and dealing
on the
commodities market: the pressure, the necessity for making quick decisions, the elbowing for position.