Tag: investors

Why Angel Investors Should Have an Investment Thesis

Loknath Das

Few angel investors have investment theses, short summaries of the person’s strategy for what kinds of startups he or she will fund. Fewer still have these theses written down in a form that can be shared with others. That’s a mistake. Angels should have clear, written investment theses. Having them imposes discipline on their investment selection and facilitates communication with entrepreneurs and other investors. Venture capitalists all have investment theses, which they need to raise money from their limited partners. Because venture capitalists have a fiduciary duty to invest the LPs’ money…

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NBFC Indian School Finance plans to raise $30-35 million from PE investors

Loknath Das

 Indian School Finance Co. Pvt. Ltd (ISFC), which lends to companies in the education sector, is looking to raise around $30-35 million (approximately Rs200-230 crore) from private equity investors, said two people aware of the development. ISFC, a non-banking financial services company (NBFC), founded in 2008, lends to schools and education institutions. It lends to private schools, affordable schools, vocational institutes and coaching classes to help them build their infrastructure such as setting up of computer and science labs, construction of additional floors or wings in existing premises or for…

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Does It Make Sense for Investors to Pay Carried Interest?

Loknath Das

For years, I have resisted paying carried interest to accelerators as a way to invest in start-up companies because I have thought about the decision incorrectly. Recently, a couple of smarter investors than me set me straight by getting me to focus on what really matters — the math. Over the years I have resisted paying carry for two reasons, neither of which is very good. First, I get a lot of utility out of investing in startups. I like working with and talking to founders. If I put money…

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Wall Street rises with oil; investors shrug off Italian referendum

subhadip

Financial shares and strong oil prices bolstered U.S. stocks on Monday while currency and bond investors shrugged off Italian Prime Minister Matteo Renzi’s resignation, following voters’ rejection of his constitutional reforms. The Italian referendum stoked worries about Italy’s political stability and its banking system, but U.S. Treasury yields reversed their fall as the initial demand for low-risk U.S. government debt faded with a euro and stock price revival. “The initial reaction was quite negative, but as we have seen recently with other political events, risks will likely be played out…

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