eventually invested more than $500 million into them. In fact, the area interested me so much that I eventually went on to start my own heavy metal and tattoo digital media and e-commerce company, Project M. Investing in these private companies can present a huge moneymaking opportunity. However, it’s basically impossible for the average investor, most of whom don’t have the access, the time, or the skillset to go out and do the deep research on hundreds of ideas to
generating massive returns by investing in nascent companies with incredible growth potential. These businesses weren’t publicly traded, which meant this market wasn’t transparent. I had to work hard to find these opportunities... and they weren’t available to most retail investors. Each of the deals took a ton of work. There were no public filings, analyst reports, or any of the usual paperwork you would have with a publicly traded stock. But that’s exactly why they had such incredible upside potential... and also why I was so interested. It’s basically impossible for the average investor, most of whom don’t have the access, the time, or the skillset to go out and do the deep research on hundreds of ideas to identify the best private investments. Despite my initial plans to join the prestigious fixed-income desk, I ended up joining the private-equity desk, where I stayed for a couple of years. Peter eventually moved on to start a chain of laundromats of all things... and with my mentor gone, I decided to move into the hedge fund side of the business. Still, my interest in private equity never went away... And over the years, I continued to look for these kinds of opportunities. My last hedge fund, Falcon Edge Capital, was particularly active in this market and
identify the best private investments. Remember, with no publicly available
information on any of these companies, the process is extremely tricky and time-consuming. But what if I told you that you can partner with some of the best investors in the world to get in on the ground floor of these kinds of opportunities? They’ll go out and find these opportunities... they invest their own money alongside you... and best of all, when you invest, you have the option to decide whether you like the deal they’re making... or you get your money back. I know that sounds too good to be true, but this type of investment exists... and this little- known corner of the market is getting bigger every day. I’m talking about special purpose acquisition companies (SPACs). SPACs have been around for decades. Their earliest predecessors were called “blank-check companies.” These were pools of money that were raised for the purpose of eventually acquiring
60
June 2021
Made with FlippingBook - professional solution for displaying marketing and sales documents online