We live in a global market and money's fungible and hedge fund private equity is looking for momentum … - Kevin Kinsella

Same topic Authors

Quote of the day

Eradication of microbial disease is a will-o'-the-wisp; pursuing it leads into a morass of hazy biological concepts and half truths.

Kevin Kinsella

We live in a global market and money's fungible and hedge fund private equity is looking for momentum plays, and there ain't no momentum plays in bonds, right? When the interest rates were spiking up or down, well they never really spike down they do spike up though. Something's got to happen, there's got to be motion, the dice has to be rolling on the board, and if it's not then they're not going to play because they're not going to get the adrenaline rush from looking at. . . you know, money markets fund interest rates or bond interests or whatever. It's got to be sexy.

Dice, Money, Play, Rolling, Sexy, Spiking

Same Author Quotes

The stock market has gone up and if you are stock picking, that's fine, you may do a bit better than the market. But if you want to play in another game where you can get rapid increases of value and so on and so forth, this apparently has become the new parlour game, to invest in these companies and many their cases, the private equity that has been piling in onto of the venture capital is creating the unicorn, in other words the company with the $1 billion valuation.

Capital, Creating, Games, Invest, Play, Private

We're in one of the biggest tech bubbles we've ever had.

Biggest, Bubbles, Tech

Basically my point of view on unicorns is that private companies which have sky high valuations, it doesn't really mean anything in the real world until it's marked to market. And there's only two ways things get marked to market in venture capital: Either a company is acquired by another company for cash or marketable security, or it goes public, and then it has reporting requirements and then the market will determine the value.

Basically, Capital, Company, Mean, Real, Two

For venture capital, one of the original principles is people you want to invest in are people who've done it before with someone else's money. Not people who've just came out of business school.

Business, Capital, Invest, People, Principles, School

I think mobile web enabled services can be great business but A): it doesn't apply to everything, I think the markets will ultimately get a bit fragmented when the crunch stars to happen. And the other thing is, B): it doesn't necessarily work with everything.

Business, Crunch, Great Business, Stars, Thinking, Ultimately