Getting the ‘Why’ When Making a Private Investment
Many years ago, I was asked to finance a start-up company that wanted to create a cigar vending machine business for sports arenas. I quickly passed. Didn’t get it. Couldn’t see why the world needed it. I’ve yet to see one at a ball game, so maybe I called that one...
Carofin’s Year To Remember
2022 was, in many ways, a validation of internal investments in technology and process management. It also helped set the direction of where we’re going as an operating company. Here are the results: Total from Investors: $96,388,000 Number of Meaningful Investments:...
Measuring Private Investment Returns
How should you measure investment returns? This should help you decide. The pricing of private securities is obscured by several factors: each is unique, analyses available for public securities don’t exist privately, and easy comparisons don’t exist. Let’s make...
