A cement company just created one of the best commercials I've ever seen.
Proof that "boring" work can have a beautiful impact.
No better way to spend the next 2 minutes.
@PrivatEquityGuy 1) What does the governance look? What interactions do they have with the CEOs and GMs of each
2) how do they pay people (I.e., cash, equity, and distributions)?
3) Do they own assets forever or sell them in a few years? How do they get paid (I.e., carry, distributions, etc.)?
Why I'm on X and have a newsletter?
I see writing as life changing.
Writing changes how people think,
Thinking changes how people live,
and How they live impacts everyone around them.
You can impact generations of people, by the words you put on a page.
Learned today that the little p “partner” and capital p “Partner” concept is a very, very real thing in private equity. That and the arbitrary fund cycle time horizon really creates interesting questions about the business model.
It was a joy to spend time with @shaneparrish, and we hit record on a few hours of it. We get into some territory that's only possible after a decade of friendship.
I hope something we discussed is helpful.
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The @dartmouth Class of 2027 is the first to benefit from financial aid enhancements including 100% fundingof demonstrated need and loan free aid packages. @kapsi1911 boasts a 53% participation rate in the Annual Fund and we look forward to an exciting future for all students.
Congratulations to another amazing nupe on kampus (#nupesonkampus) as brother Elijah C. DeVaughn of the Theta Iota Chapter (Harvard University) was selected as a 2021 Rhodes Scholar. #achievement. Give this amazing brother a 👌🏽👌🏽👌🏽 under this for sure to celebrate! @the.trvthh