Union square ventures has always been a “thesis” driven firm we maintain specific principles about the internet that guide our investment decisions while other things like stage and to a lesser extent geography, also matter, our thesis or point of view is the primary thing andy weissman — december 12, 2015. An investment thesis is the analysis performed by a buyer to assess a potential acquisition against an established set of investment criteria the investment thesis may be formally written up as a document or slide presentation to the buyer's investment committee for deal approval private equity firms in particular usually. Your three-minute investment thesis yesterday i returned from the amazing casey conference in beautiful carlsbad, ca once again the speakers were phenomenaland this time i even got to interview a few of them and pick their brains on what it really takes to make money on your investments i will of. You can turn to many places online and offline to find someone articulating an investment thesis depending on the presenter, an investment thesis can sound extremely compelling at the time, only to turn out a dud or worse it seems a lot easier to construct a compelling-sounding investment thesis than it is. His most helpful responses, however, came in the form of examples on that note, here are two more examples -- both based on my two largest holdings in my real money portfolio: apple (nasdaq:aapl) and tesla (nasdaq: tsla) but first, here is another interpretation of what an investment thesis is and.
Investment thesis pacific rise supports the development of a new impact investment market in the pacific, connecting investment funds and managers to investible businesses that have a measurable social impact an australian government-funded initiative, pacific rise applies a gender lens across all activities to. Investors should have discipline on where their money goes and having a written investment thesis will help keep the investor disciplined. As a new vc, i often ponder the investment theses that drive other, more established investors i look at their clear focus, specific direction, and well- articulated investment goals with a bit of envy i'm not sure how other investors were able to develop their strategies however, i wanted to share my thoughts. By david harding and sam rovit every deal your company proposes to do—big or small, strategic or tactical—should start with a clear statement how that particular deal would create value for your company we call this the investment thesis the investment thesis is no more or less than a definitive statement, based on a.
This is important because investing is also about determining what is not important and then eliminating those assumptions from your analysis and investment thesis in many cases, a company is mispriced because the market believes that one potentially negative aspect of the business is more important than it actually is. “thesis driven investing involves drawing a picture of where your particular area of focus is going”, says fred wilson of union square ventures as david rosskamp puts it: “deductive thesis investing starts with a vision of the future the investor will formulate a narrative of a target industry's development.
At thesis, we manage individual investment portfolios for our clients, and develop relationships with professionals in financial advice, law, accountancy and tax to help them deliver investment solutions for their clients. But both thematic investing and thesis driven investing are better than a generalist approach because they both promote domain expertise which is critical to building a sustainable investment advantage i think generalist or opportunistic investing is likely to underperform domain expert driven investing.
Editor's note: dave chase is the ceo of avadocom, a patient portal & relationship management company that was a techcrunch disrupt finalist previously he was a management consultant for accenture's healthcare practice and founder of microsoft's health platform business you can follow him on. Slides for my talk on creating an investment thesis (april 2016. 1843 capital is an early stage venture capital firm investing in technology companies with diverse founding teams we focus on series a & b investments in cyber security, enterprise software and tech-enabled consumer products.
For an investor, the good thing about defining an investment thesis is that it is actually not that difficult there are a few aspects you should focus on, depending on your experience and motivations, but you absolutely need to have one before taking the investment plunge it forms the foundation of your. Now that you understand what characteristics make up attractive long and short ideas, it is time to explain how to formulate an investment thesis being able to construct a real and actionable investment idea is in the heart and soul of an analyst's work in the hedge fund industry building a successful thesis begins with (1). It's a mixture of several factors if the thesis is so great that it is self-evident, then the investment is already too crowded, and you don't get in at the right price: your upside is very limited, your downside may not be the best ideas, the best thesis are those that early on seemed bad: venture capital is entirely a game of.