November 22, 2016

It’s Tough to Sell a Dirty Truck

A friend of my son who lives across the street has been trying to sell his 4X4 pick up.  Yesterday, I saw him come home from off-roading with it.  How did I know he was off-roading?  The truck was covered in mud. He parked the truck and promptly put the “For Sale” sign back in the window.  I scratched my head wondering if he had thought […]
September 3, 2016

Make It Easy To Say Yes

I’ve either prepared or reviewed numerous financing or investment packages over the years. It kills me when one is not prepared in a manner that flows, but makes the reader work to figure out what is being requested. I recently read a proposal from a very experienced developer seeking equity for a new project.  It was hard to follow what was being asked of the reader.  The […]
August 3, 2016

Considerations for Capital Stack Structure

When deciding how to fund a new project, several factors should be considered. In most cases it will be a combination of equity and debt.  The question becomes how much of each and under what terms.  Whether you are an experienced developer with a preferred funding program or not, here are some things to consider. What is the long term strategy for the project?  If you […]