Monday, June 27, 2005

Beware of People Proclaiming That They Are Reasonable

Much like people who ask if they can "Tell you something honestly".


If you say no, does that mean you are going to get lied to?

5 Comments:

Blogger The Complimenting Commenter said...

A very interesting possibility. I like the way you look at that. Nice post.

3:15 PM  
Blogger Franklin said...

Hey Josh -

I like the blog. I noticed how you seem to like raising capital for small, unique companies. [hopefully i gathered this to be true] If this is, then what are your thoughts about publicly traded companies.

Being publicly traded seems like the most efficient way to raise capital, yet in this day & age they seem like they're exactly what's wrong with modern businesses.

- Franklin

11:54 PM  
Blogger Josh Kerbel said...

Franklin,

thanks for stopping by. Technically, we don't raise capital for small companies, as for the most part, we use our own capital to finance them.

Having said that sometimes, we go to outside sources, but we always stay in the asset based world and basically use a company's internal assets to finance its working capital needs. This is in contrast to traditional lending that looks at cash flow and historical ratios in order to make the lending decision

Unless you need large amounts of money, and you have the potential to grow to a huge business, the public markets are no place to be, both due to the costs associated with the activities and the rip offs and scams associated with small public companies.

Debt is the way to go baby!

5:50 AM  
Blogger mkfreeberg said...

I like that post.

You could probably make a whole list of such things.

6:40 AM  
Blogger Josh Kerbel said...

I'm thinking of putting out a book on it!

3:52 PM  

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