Sentences with phrase «liquidity events»

«The capital raise is down in part because of new regulatory rules, in part because of the impact of AR Capital and in part due to fewer liquidity events because the traded REIT market hasn't performed as well,» said Thomas Sittema, CEO of CNL Financial Group and the 2016 chairman of the board of the Investment Program Association, an industry trade group.

«I suspect that it is a sustained recovery, given the planned liquidity events with social - networking companies.»

And while the level of REIT IPOs, liquidity events and mergers probably won't match the records set in 2013, capital market transactions continue strong, and recent favorable rulings on REIT conversions have increased activity in non-traditional and specialty sectors such as data warehouses, outdoor advertising, cell phone towers, telecommunications networks, and even solar farms.

«That uncertainty clouded the picture and caused some firms and reps to pull back on non-traded REIT sales,» says Kevin Gannon, president and managing director at Robert A. Stanger & Co., which is based in Shrewsbury, N.J.. On top of that, the level of liquidity events has fallen off dramatically and the booming stock market has pulled more capital away from alternatives such as non-traded REITs, he adds.

Over the next few years, as some of these SF startups come to see their liquidity events, there are going to be a lot of rich kids looking for local real estate, and this will likely prop up SF prices for a the next few years (barring any major downturn in the tech sector overall).

These are companies that are well - capitalized and approaching liquidity events, and even still, they can't attract young engineering talent because they aren't located where all the 20 - somethings want to live.

The non-traded REIT sector has experienced a flurry of liquidity events of late and that activity shows no signs of slowing.

Additionally, while the fund is in investing in pre-ICO blockchain startups, which typically requires a fiat investment at the start, Starta said further liquidity events will be added in addition to traditional exits, with token distributions when they are sold by the fund on exchanges.

On this podcast, Mintz Levin partners who work with growing companies raising capital, building great management teams and achieving successful liquidity events will discuss with investors and entrepreneurs the key reasons that they were able to build successful companies and important lessons learned along the way.

Index additions would happen at things like IPOs and spinoffs, and deletions at things like takeovers — both of which are natural liquidity events.

Rather, the eREITs want regular liquidity events to enable growth.

Can Liquidity Events Explain the Low - Short - Interest Puzzle?

The past 12 months have been an active period for Yaletown, with liquidity events via the sales of Indicee and Partnerpedia, as well as the closing of new financings for Endurance Wind Power, Elastic Path and Bit Stew Systems, among others.

In addition, she has extensive experience counseling businesses in all aspects of the business life cycle from the initial structuring and formation of the business to financing that business; hiring employees; corporate governance; day - to - day operations; negotiating licensing and other commercial agreements; equity incentive plans; and liquidity events.

Jeff joined Runa Capital in 2016 and assists portfolio companies with capital raising and liquidity events.

With respect to certain stock awards, the performance conditions restrict exercisability or settlement until certain liquidity events occur, such as a qualifying initial public offering (IPO) or change in control.

The chart below illustrates the gap between venture capital investments and venture capital - funded liquidity events from the aforementioned time period.

You might not be able to get your money out for 5 - 10 years, depending on the success of the company and upcoming liquidity events.

Magic Leap had secondary liquidity events after its last two fundraising rounds.

These pools vary in depth and their risk exposure to liquidity events will vary significantly.

On paper, it's crucial to begin planning for a succession years in advance of an exit or liquidity event, and while the founder is still healthy.

Instead, it might just be the unintended consequences of Federal Reserve policy that could pose the biggest difficult if we do encounter a liquidity event.

Founders who were once in a race to get to a liquidity event such as a buyout or IPO now have viable options for continuing to add value beyond a Series B or C. Private investors also offer a more efficient transaction than going public and are more likely to offer lucrative valuations based on potential, vs. actual, performance.

If you don't plan a liquidity event, you won't find many investors interested.

Explaining the industry and what's going on takes the form of several audiences; one being the overly - optimistic entrepreneur who still has aspirations of raising capital to get their company to a liquidity event, another being the up and coming venture capitalist in training (think decades long training cycles) who recently finds themselves a free agent as the asset class shrinks and wants to start their own fund, and the final being ambitious MBA's switching careers and see venture capital as the preferred destination.

«We believe this vol shock / liquidity event has likely taken valuations too low at this point,» says Morgan Stanley's Michael Wilson.

«We believe this vol shock / liquidity event has likely taken valuations too low at this point but realize such events have a way of overshooting to the downside which is why we have advocated patience in buying this dip,» Wilson said.

The liquidity event of the 1990s dot - com bubble is back.

For most product - based companies, there's a formula used by professional investors that approximates how much capital they'll need to invest before the company will be ready for a liquidity event, whether that's an IPO or a merger or acquisition.

In other words, he still had many years to go for the shares to fully vest and for a liquidity event that would allow him to cash out.

By shifting the risks away from banks and to asset managers, Gross argues that the risk of herd behavior that causes a liquidity event in markets has been shifted away from the professional investing class and to a more amateur, less - informed, skittish class of investor: the public.

Most of the companies in these portfolios have not had a liquidity event, so any gains or losses are not yet realized.

Entrepreneurs should look for good partners who don't pressure companies to sell or go public, but wait until the time is right for a liquidity event when the company has matured.

Generally, this isn't possible with most technology companies as they usually take five to 10 years to mature to a liquidity event.

This didn't appear to hurt Spotify much, given its brand cachet among a wide swath of US households, as average Joe retail investors were willing to gobble up enough shares to get the company's liquidity event rolling.

For starters, it attracts investors with a long - term view, rather than just those seeking a quick liquidity event later in the cycle.

Many ultimately struggle for five to 10 more years, before they achieve «overnight» success, or a liquidity event.

RS: Options are a great retention package, but I think you're getting into a place in Silicon Valley where people are signing up for things and [immediately asking], «Where's the liquidity event?»

Investors who have been withholding their cash from the market or those who have recently had a liquidity event and are seeking to make substantial investments for the first time may have some things in common regarding investing readiness — or lack thereof.

considering the probability of a liquidity event such as the sale of the Company or an IPO and the potential impact of such an event on the exercise pattern.

While he isn't convinced we're seeing a repeat of the market dive we endured in 2008, he says this is still serious liquidity event.

Of course, for that to be true, you need to reach a liquidity event (IPO or M&A) at or above the last round valuation with no incremental dilution from new rounds.

While common stockholders are afforded certain voting rights, economic participation in the event of a liquidity event or declaration of dividends is subordinate to creditor and preferred shareholder cash distributions.

Our BEV reflected a non-marketability discount of 10 % based on a liquidity event expected to occur within approximately one year.

Listed in 2011, Republic Project was the first investment opportunity on the MicroVentures equity crowdfunding platform and is also the first liquidity event, or «exit,» for investors in this new space.

the likelihood of achieving a liquidity event for the shares of common stock underlying these stock options, such as an initial public offering or sale of our company, given prevailing market conditions;

In addition to a multiple preference, some preferred equity structures include participating provisions whereby preferred shareholders will receive a multiple of the original purchase price and then participate ratably on an as - converted basis in the remaining proceeds of the liquidity event.

Our BEV reflected a non-marketability discount of 27 %, which was allocated to the common stock on a non-controlling interest basis, based on a liquidity event expected to occur within approximately two years.

We reduced our non-marketability discount from 15 % to 12.5 % based on a reduction in the assumed time to a liquidity event to occur to approximately one year.

The OPM depends on key assumptions regarding the volatility and time to a liquidity event, but does not require explicit estimates of the possible future outcomes.