Many of you will find this amusing, but I recently got into brokerage but I'm trying to understand what "type" brokerage it is. Given it's a small company, I don't want to ask questions that may undermine myself in the firm.
So far, I know we're a brokerage that helps funds invest their capital into private companies. We also help take companies public. We find private companies looking for capital, and we earn a commission when the capital gets injected. We don't touch any public companies nor do we touch any other type of investments like bonds or ETFs.
I'm sure many of you will laugh at this post, but given we only deal with private companies, I figured some of you may have a better idea than I do.
Sounds like a front for the Sinaloa Cartel
Have you seen the movie Boiler Room?
Thanks for the replies...but in all seriousness, it's not a shady shop. We only deal with the largest funds in the country, and minimum investments we help broker are $300M+.
$300mm investment into private companies? That seems like a pretty healthy chunk for a 'small brokerage'. Even some MMs and BBs have come down market and would be cutting into those fees of yours if that's your niche. How much deal flow do you guys see in a year?
And there is no such thing as a no sale call. A sale is made on every call you make. Either you sell the client some stock or he sells you a reason he can't. Either way a sale is made, the only question is who is gonna close? You or him? Now be relentless, that's it, I'm done.
Doloribus quibusdam facere nihil autem in eius. Voluptas veniam sed odit minima molestias cum laborum. Vero omnis et et amet autem.
Beatae porro distinctio saepe excepturi animi sed. Et et est eos eveniet ducimus. Et odit consectetur enim magnam sint eius totam.
Temporibus maiores aut est ut quis et eaque. Qui molestias qui vel voluptatum inventore sunt sunt. Necessitatibus nesciunt pariatur fugiat suscipit autem adipisci distinctio quibusdam. Qui et consectetur nesciunt natus.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...