Can someone help me understand how did MindGeek Raise Financing?
From the likes of JPM, Fortress, and others? Is it really a colossal joke to raise funding these days? Anyone who worked on the RFP or the decks? What did the decks look like? More interested in learning how the presentation was structured and the associated titles appearing at the top. Kind of reminds me of this app, "YO", which raised funding in 2014, when I Was an analyst. I thought I was living in some different universe when I had heard and checked out this YO platform. But seems like the alternative universe keeps on expanding.
Anyways re Mindweek, I am assuming that there would have been titles such as: "Best-in-class Porn Streaming Service". "High quality library of diverse videos transcending , situations, demographics, geographies". "Top Management Team With Relevant Adult Content Background". "B2C Subscriptions Have Grown x% CAGR over L10 Years". "Strong Focus on Leveraging Company's Sex Trafficking Links". "High Quality Institutional Shareholder Base". "Recession-Resilient Industry With Clear Growth Catalysts". "Focused on Attracting Pedophiles (both young & old)". "Select Images & Videos Here To Enable Your Jacking Movement".
Reminds me of two jokes someone told me were safe to share when I was recruiting for summer analyst roles in IB. I didn't really know what was appropriate / what wasn't. If anyone asked you , during an interview, to tell a joke, there were 2 safe options you could go with:
1. What Did Batman Say to Robin Before Robin Got in The Car?...Pause, wait for the interviewer to say something, which they never do...And then add: "Robin, get in the car"
2. What pitchbook did the banker enjoy working the most on? Pause. And then say "Playboy".
Seems like the PlayBoy joke has now been Supplanted with MindGeek
My first knockout angel investment was in an "adult health and wellness" startup. It's a legitimate industry and MindGeek is a cutting edge business. A lot of what they've done on the site side and delivering that level of service with constrained CPM they can charge is really impressive. Part of the reason it was so well priced was because prudes wouldn't invest, so we got in at a valuation that sounds unbelievably cheap.
What's going to be your next play here? Doing some roll-ups of brothels (maybe you're in Netherlands doing DD right now in the Amsterdam area?)
And what is your angel investment vehicle called -- Global Sex Angels LLC?
I really thought people would have some morals in terms of which businesses they back, but clearly I am misguided here.
If your mandate is investing in businesses with morals, doubt you'd find many.
all of your statements are so stupid lmfao.
Anyone in banking who believes they're somehow morally superior because they invest in natural resource / technology companies over a porn company is seriously delusional.
Is your investment vehicle called "Global slave runners LLC"? or "Causing Anarchy LLC"? Have you watched the Social Dilemma? Dirty Money? Surely you have netflix right? Have you never done a sustainability risk assessment of the companies your funds back? I'm sure if you gave me a list of the companies your fund has invested in the last 12 months I'd easily dig up a load of dirt on each of them.
You sound like one of those elitist pricks who thinks he's somehow better than other people - I can sense it through the post. Also don't talk shit to M_1 or Rabbit they're OGs you pussy bitch.
stupid retard, was it your fucking dirty Connecticut white bitch excuse of a father who gave you your job at a hedge fund??
Thanks for your thoughtful response, Analyst 2 in IB-CB.
HF isn’t prestigious anymore “Mr. sub-S&P”
Missed a key investment highlight, "Sticky customer base"
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