Connect with us

Private Equity

How to evaluate the great job offer you just won

“The board has met and we’d like to extend you an offer to join the company.  We’ll send you all the details via email. We are excited to have you join us!” If you get that phone call, what should you be thinking about? I compiled the best resources I found here.  This is relevant […]

If this was helpful to you, please sign up for my newsletter.

The post How to evaluate the great job offer you just won appeared first on David Teten.

Avatar

Published

on

“The board has met and we’d like to extend you an offer to join the company.  We’ll send you all the details via email. We are excited to have you join us!”

If you get that phone call, what should you be thinking about? I compiled the best resources I found here.  This is relevant for any job offer, but I’m particularly focused on offers to C-level executives and board members:

Due Diligence as a Team Member

Ready to join a new management team? Here’s how to do your due diligence first

Due Diligence as an Investor

You’re investing your time, reputation, network, and probably also capital. So I recommend use the framework of an investor:

Venture capital investing checklist

Due Diligence as a Board Member

Look Before You Leap: The Importance Of Conducting In-Depth Due Diligence Before Accepting A Board Seat

Diligent.com’s Due Diligence Checklist for a Board of Directors

Due Diligence Check List for Board Directors

Interviewing

How Boards Interview CEO Candidates

Evaluating the Offer

How To Evaluate A Job Offer – Tips For Senior Managers And Executives

The Right Way to Evaluate a Job Offer

The Complete Guide to Evaluating a Job Offer

Negotiating the Offer

Practical Tactics to Negotiating Executive Employment Contracts

How to Negotiate Executive Employment Contracts

15 Rules for Negotiating a Job Offer

How to Evaluate, Accept, Reject, or Negotiate a Job Offer

As a benchmark, one academic study found that, “Outside replacement CEOs are typically paid 36% more than their predecessors”, reflecting the risk of an outsider taking on a new role.

Compensation Structure

Negotiating Key Terms in Your Next Executive Job Offer

Negotiating Employment with a Private Equity Firm – 7 Surprises to Expect

Structuring and Negotiating Executive Compensation Packages: Addressing Pay, Severance, Restrictive Covenants, and More

Executive Compensation & Severance

Interim CEO And Turnaround CEO Employment Agreements: Terms And Compensation

How will you be evaluated once on the job?

Assessing the CEO’s Performance

Compensation Benchmarks for Executives

Radford Surveys

ChiefExecutive Research

Executive Compensation Benchmarking Tool

ERI’s Executive Compensation Assessor

Ladders

CompStudy.com

Background: CEO Compensation Data Spotlight

Compensation Benchmarks for all personnel

Angel.co/salaries

Glassdoor

Indeed

Payscale

Salary.com

Vault.com

Options

Joining An Early Stage Startup? Negotiate Your Equity And Salary With Stock Option Counsel Tips

Here’s How Startup Founders Should Offer Employee Equity

Private company stock option grants: a founder’s guide to who gets what, when

How to assign stock options in early-stage startups

Compensation and Benefits for Startup Companies

Any survey data on stock grants in private companies?

How does a private company decide on the size of a stock grant? Any data on grant sizes

How to Make Startup Stock Options a Better Deal for Employees

Introducing our guide to stock options for European entrepreneurs

A No B.S. Guide to Startup Stock Option Grants

Starting Work

How To Start Your New Job And Not Get Fired

Lastly, your future employer might want to read:

Board best practices in onboarding a new CEO

When Is an Outsider CEO a Good Choice?

Insider or Outsider CEO?

Preparing to Fire an Executive (hopefully not with regards to you, but your predecessor)

Source: https://teten.com/blog/2019/09/10/evaluating-a-job-offer/

Private Equity

Boston startups expand region’s venture capital footprint

This year has shaken up venture capital, turning a hot early start to 2020 into a glacial period permeated with fear during the early days of COVID-19. That ice quickly melted as venture capitalists discovered that demand for software and other services that startups provide was accelerating, pushing many young tech companies back into growth […]

Avatar

Published

on

This year has shaken up venture capital, turning a hot early start to 2020 into a glacial period permeated with fear during the early days of COVID-19. That ice quickly melted as venture capitalists discovered that demand for software and other services that startups provide was accelerating, pushing many young tech companies back into growth mode, and investors back into the check-writing arena.

Boston has been an exemplar of the trend, with early pandemic caution dissolving into rapid-fire dealmaking as summer rolled into fall.

We collated new data that underscores the trend, showing that Boston’s third quarter looks very solid compared to its peer groups, and leads greater New England’s share of American venture capital higher during the three-month period.

For our October look at Boston and its startup scene, let’s get into the data and then understand how a new cohort of founders is cropping up among the city’s educational network.

A strong Q3, a strong 2020

Boston’s third quarter was strong, effectively matching the capital raised in New York City during the three-month period. As we head into the fourth quarter, it appears that the silver medal in American startup ecosystems is up for grabs based on what happens in Q4.

Boston could start 2021 as the number-two place to raise venture capital in the country. Or New York City could pip it at the finish line. Let’s check the numbers.

According to PitchBook data shared with TechCrunch, the metro Boston area raised $4.34 billion in venture capital during the third quarter. New York City and its metro area managed $4.45 billion during the same time period, an effective tie. Los Angeles and its own metro area managed just $3.90 billion.

In 2020 the numbers tilt in Boston’s favor, with the city and surrounding area collecting $12.83 billion in venture capital. New York City came in second through Q3, with $12.30 billion in venture capital. Los Angeles was a distant third at $8.66 billion for the year through Q3.

Source: https://techcrunch.com/2020/10/23/boston-startups-expand-regions-venture-capital-footprint/

Continue Reading

Private Equity

Alternative Investments/Real Estate: Housing Market Demand Is “Insane”

Speaking to CNBC on Power Lunch, Glenn Kelman, CEO of real estate brokerage Redfin (NASDAQ: RDFN), said he expected the current boom conditions in the housing market to last well into next year. He attributed the high demand to affluent professionals looking for remote homes as well as low interest rates. Also, he thinks some sellers will put their properties on the market only after the presidential election.

Avatar

Published

on

Alternative Investments/Real Estate: Housing Market Demand Is “Insane”

https://platodata.net/wp-content/uploads/2020/10/alternative-investments-real-estate-housing-market-demand-is-insane.jpg

Redfin CEO Glenn Kelman says the boom could last into next year.

Speaking to CNBC on Power Lunch, Glenn Kelman, CEO of real estate brokerage Redfin (NASDAQ: RDFN), said he expected the current boom conditions in the housing market to last well into next year. He attributed the high demand to affluent professionals looking for remote homes as well as low interest rates. Also, he thinks some sellers will put their properties on the market only after the presidential election. (CNBC)

Kelman: Too good to last forever

“This level of demand is absolutely insane. I would expect it to last into 2021, at least,” Kelman said.

Recent data from the National Association of Realtors shows up the strength in the housing market.

Existing home sales shot up 9.4% in September beating expectations. Even though the median purchase price of a home rose approximately 15% year over year, there is just a 2.7-month supply of for-sale homes, showing tight market inventory conditions.

The 30-year fixed-rate mortgage averaged 2.80% for the week ending Oct. 22, down from 2.81% in the previous week and 3.75% a year ago, according to the Freddie Mac Primary Mortgage Market Survey. Therefore, mortgage rates crept even lower in the latest week.

However, “there’s no way it can last forever,” Kelman warned of the bullish conditions.

Canada: Off the charts

Meanwhile, at the northern neighbor, home sales activity in September is described as “off-the-charts.”

Housing data released by the Canadian Real Estate Association (CREA) last week showed a nationwide year-over-year increase in sales of 45.6%.

This was a new all-time monthly record for the third month in a row.

“This is starting to sound like a broken record (about records being broken), but Canadian home sales and prices set records once again in September … as they did in July and August,” said Shaun Cathcart, senior economist at CREA, in a statement.

Real Estate ETFs in the U.S.

The year-to-date performance of some real estate ETFs is shown below:

iShares U.S. Home Construction ETF (ITB)              +24.61%

SPDR S&P Homebuilders ETF (XHB)                          +20.83%

Vanguard Real Estate Index Fund ETF                      -13.91%

It may be noted that despite the boom conditions in housing, real estate ETFs and stocks have declined in recent days.

According to Barron’s, this may be due to yields on the 10-year and 30-year Treasuries moving higher in recent weeks.

Other reasons could be fears of inflation ticking up in the future amidst an improving economic situation.

Nevertheless, the view is that interest rates are likely to remain low for longer. So demand may remain strong.

“Part of what is fueling this boom is that the economy has just split into two and rich people are able to access capital almost for free, so, of course, they’re going to use that money to buy homes,” said Redfin’s Kelman.

Related Story:   Mortgage Rates Set Another Record Low; Real Estate ETFs Could Benefit

Free Industry News

Subscribe to our free newsletter for updates and news about alternatives investments.

Shape

Latest Alternative Investment News

Source: https://dailyalts.com/alternative-investments-real-estate-housing-market-demand-is-insane/

Continue Reading

Private Equity

Asda’s new owner EG Group seeks new leadership ahead of IPO – report

EG Group is owned by the billionaire Issa brothers and the private equity firm TDR Capital, who teamed up for a £6.8 billion takeover of Asda last month

Avatar

Published

on

UK grocer Asda Group’s new owner EG Group is looking for a new chairman and independent directors as it prepares for a £10bn initial public offering, The Timesreports.

EG Group is owned by the billionaire Issa brothers and the private equity firm TDR Capital, who teamed up for a £6.8 billion takeover of Asda last month.

The move comes after Deloitte resigned last week as the company’s auditor because of concerns over the group’s governance and lack of internal controls, according to the publication.

A decision on candidates will be taken before the end of this year, although roles haven’t been finalised yet as the company is in the process of deciding whether to float in the UK or the US, The Times reports.

Write to Barcelona editors at barcelonaeditors@dowjones.com

From Dow Jones Newswires

Source: https://www.penews.com/articles/asdas-new-owner-eg-group-seeks-new-leadership-ahead-of-ipo-reports-20201023

Continue Reading
Saas55 mins ago

Saas55 mins ago

Saas55 mins ago

Saas55 mins ago

Saas55 mins ago

Saas55 mins ago

Saas55 mins ago

Saas55 mins ago

Saas55 mins ago

Saas55 mins ago

Press Releases4 hours ago

ACLU Calls Prop 24 “Fake Privacy,” Warns About its “Pay for Privacy” Provision

Press Releases4 hours ago

ESSA Pharma Presents Therapeutic Potential of EPI-7386 at 32nd EORTC-NCI-AACR Symposium

Press Releases4 hours ago

Lianluo Smart Limited and Newegg Inc. Announce Entering into Merger Agreement

Saas4 hours ago

Saas4 hours ago

Saas4 hours ago

Saas4 hours ago

Saas4 hours ago

Saas4 hours ago

Saas4 hours ago

Saas4 hours ago

Saas4 hours ago

Saas4 hours ago

Press Releases6 hours ago

Yes on Prop 24 Campaign Announces Endorsement from Data Privacy Advocate and Cambridge Analytica Whistleblower, Brittany Kaiser

Press Releases6 hours ago

Army’s Black Knights Accepts Invitation to Radiance Technologies 2020 Independence Bowl

Press Releases6 hours ago

SHAREHOLDER INVESTIGATION: Halper Sadeh LLP is Investigating the Following Companies; Investors are Encouraged to Contact the Firm – CEIX, GLIBA

Press Releases7 hours ago

BAK FINAL DEADLINE ALERT: ROSEN, TOP RANKED INVESTOR COUNSEL, Reminds Braskem S.A. Investors of Important October 26 Deadline in Securities Class Action – BAK

Press Releases7 hours ago

cCARE is on a Myth-Busting Mission to Boost Breast Cancer Awareness

Press Releases7 hours ago

cCARE is on a Myth-Busting Mission to Boost Breast Cancer Awareness

Press Releases7 hours ago

It’s Time To Celebrate #SecureHalloweenWithPureVPN

Saas8 hours ago

Saas8 hours ago

Saas8 hours ago

Saas8 hours ago

Saas8 hours ago

Saas8 hours ago

Saas8 hours ago

Saas8 hours ago

Saas8 hours ago

Saas8 hours ago

Trending