"ipo yourself"

[Winston Yan]

http://www.wired.com/business/2013/03/ipo-man/all/

Long article, but here's a great part: 

"The corporate oversight got more complicated in August 2008, when Merrill moved in with shareholder number seven: his girlfriend, Willow McCormick. Though they’d been dating for two and a half years and generally got along great, it wasn’t an easy decision for Merrill. McCormick taught grade school, and her idea of fun was playing Boggle at night with her friends. Merrill couldn’t stand Boggle. He was more interested in things like planning the whiskey-drinking group with his buddies. “His ideal relationship was one in which we lived harmoniously independent lives, and I think mine was a little more traditional,” McCormick says.

Steve Schroeder, one of Merrill’s oldest friends, was upset that he hadn’t been consulted about the move-in. He may not have put much money in—just $139 for 66 shares—but that still gave him 4.8 percent of the voting stock. McCormick had only 19 shares, so technically Schroeder’s opinion should have carried approximately three times as much weight. If Merrill was now going to spend more time at home with his girlfriend, he would have less time to pursue activities that were priorities to shareholders with larger stakes.

Merrill hadn’t intended to give shareholders control over his private life, but he realized that Schroeder had a point. “I figured they’d make good decisions for me, since they had money on the line and wanted to see their investment appreciate,” Merrill says.

McCormick didn’t see it that way. Merrill started spending more time with Schroeder and his other shareholder friends, who jointly controlled a large block of stock. To McCormick, it seemed like a corporate takeover of her boyfriend and gave new resonance to the famous book about corporate buyouts, Barbarians at the Gate. “There were a ­couple of friends I did have some issues with, and they had a big say in how Mike spent his time,” McCormick says. But when she tried to talk to Merrill about it, he would offer what he said was a ­simple solution: “Buy more shares.”

[Yinan (Benny) Zhu]

I would buy shares in anyone on this list!

--
-------------------
 
Da Junto, mon
---
You received this message because you are subscribed to the Google Groups "Da Junto" group.
To unsubscribe from this group and stop receiving emails from it, send an email to da-junto+u...@googlegroups.com.
For more options, visit https://groups.google.com/groups/opt_out.
 
 

[Winston Yan]

are you coming on to me, benny?

[Daniel Suo]

Don't flatter yourself...he's just being promiscuous.

[Daniel Suo]

<3 brooomaaaance

[Yinan (Benny) Zhu]

I buy some shares of you, some shares of kane, maybe some of Tina, package that shit up, slice and dice it, tranche that shit up, and sell the mezzanine. 

[Daniel Suo]

Aaaaaaaaaaand it's gone. 

[Kane Hsieh]

I only sell nonvoting shares, sorry.

Kane Hsieh
www.kanehsieh.com

716.698.7508

[Yinan (Benny) Zhu]

Quote? Do you make your own markets?

That sounds dirty

On Friday, March 29, 2013, Kane Hsieh wrote:

I only sell nonvoting shares, sorry.

Kane Hsieh
www.kanehsieh.com

716.698.7508

On Fri, Mar 29, 2013 at 12:37 AM, Daniel Suo <dani...@gmail.com> wrote:

Aaaaaaaaaaand it's gone. 

On Mar 29, 2013, at 12:14 AM, "Yinan (Benny) Zhu" <okbu...@gmail.com> wrote:

I buy some shares of you, some shares of kane, maybe some of Tina, package that shit up, slice and dice it, tranche that shit up, and sell the mezzanine. 

On Fri, Mar 29, 2013 at 12:06 PM, Daniel Suo <dani...@gmail.com> wrote:

<3 brooomaaaance

On Fri, Mar 29, 2013 at 12:06 AM, Daniel Suo <dani...@gmail.com> wrote:

Don't flatter yourself...he's just being promiscuous.

On Fri, Mar 29, 2013 at 12:04 AM, Winston Yan <winst...@gmail.com> wrote:

are you coming on to me, benny?

On Fri, Mar 29, 2013 at 12:04 AM, Yinan (Benny) Zhu <okbu...@gmail.com> wrote:

I would buy shares in anyone on this list!

On Fri, Mar 29, 2013 at 11:35 AM, Winston Yan <winst...@gmail.com> wrote:

http://www.wired.com/business/2013/03/ipo-man/all/

Long article, but here's a great part: 

"The corporate oversight got more complicated in August 2008, when Merrill moved in with shareholder number seven: his girlfriend, Willow McCormick. Though they’d been dating for two and a half years and generally got along great, it wasn’t an easy decision for Merrill. McCormick taught grade school, and her idea of fun was playing Boggle at night with her friends. Merrill couldn’t stand Boggle. He was more interested in things like planning the whiskey-drinking group with his buddies. “His ideal relationship was one in which we lived harmoniously independent lives, and I think mine was a little more traditional,” McCormick says.

Steve Schroeder, one of Merrill’s oldest friends, was upset that he hadn’t been consulted about the move-in. He may not have put much money in—just $139 for 66 shares—but that still gave him 4.8 percent of the voting stock. McCormick had only 19 shares, so technically Schroeder’s opinion should have carried approximately three times as much weight. If Merrill was now going to spend more time at home with his girlfriend, he would have less time to pursue activities that were priorities to shareholders with larger stakes.

Merrill hadn’t intended to give shareholders control over his private life, but he realized that Schroeder had a point. “I figured they’d make good decisions for me, since they had money on the line and wanted to see their investment appreciate,” Merrill says.

McCormick didn’t see it that way. Merrill started spending more time with Schroeder and his other shareholder friends, who jointly controlled a large block of stock. To McCormick, it seemed like a corporate takeover of her boyfriend and gave new resonance to the famous book about corporate buyouts, Barbarians at the Gate. “There were a ­couple of friends I did have some issues with, and they had a big say in how Mike spent his time,” McCo

--

[Kane Hsieh]

I'm not IPO'ing - I'm selling common shares - but I hold 100% Series A which have participating preference.

Kane Hsieh
www.kanehsieh.com

716.698.7508

[Lisa Yu]

http://www.wired.com/business/2013/03/ipo-man/all/