Almost every user of social media like Facebook and Twitter knows that information they post online will be read by someone else, and might even be repeated to others. But what if the social media user was someone in the financial industry or a giant corporation announcing a strategic move or product development, and the…
Author: Ethan Anderson
University of Michigan
JD Candidate, 2015
Northeastern University
BS in Economics, 2012
The Dilemma of Minimum Threshold Requirements
Recently, several well-known and publicly held private equity firms released their fourth quarter 2013 earnings. This self-imposed requirement at many private equity funds, however, creates an under the surface effect on earnings results—minimum threshold requirements. A significant source of profit for many private equity firms are the performance fees the general partners earn on the…
The $3 Billion Snapchat: Here Today, Gone Tomorrow?
The news first broke last week that Snapchat, the disappearing picture mobile app, had received an offer from Facebook to buy the two-year-old company for $3 billion in cash.1 But Snapchat’s 23-year-old co-founder and CEO, Evan Spiegel, turned down the offer that likely would have made him the world’s youngest billionaire.2 To most Americans, who…
Taking Back the Castle: Michael Dell, Silver Lake, and the Battle for Dell Inc.
On September 13, 2013, shareholders of the personal computer giant Dell Inc. voted to approve the proposed leveraged buyout of the company by founder Michael Dell and the private equity firm Silver Lake.1 The vote put an end to the nearly year-long saga that pitted two of the country’s wealthiest men against one another. Although…