#Equity Financing

[motilaloswaljaipur1]

Investing Future with Motilal Oswal Jaipur: A Path to Financial Growth

One of the most successful strategies of generating money and safeguarding your financial future is equitiesinvestment. It might make a world of difference to have a reliable financial partner by your side whereas stock markets continue to change.Motilal Oswal has come to represent dependability & knowledgeable suggestion, and a strong emphasis on building wealth for investors in Jaipur.

Why Equity Investing?

Investing in equity has the potential to yield better returns than assets with fixed income and particularly in the long run. They present chances for rapid development, yet also carry an appropriate amount of danger. By purchasing stock, you can participate in the growth of businesses that have the potential for significant returns if they are successful.

The Motilal OswalAdvantage Offering reliableinvestments solutions catered to each person's financial objectives, Motilal Oswal Jaipur has been a pioneer in this field. The firm assists clients in making well-informed selections and assures that investments are in line with long-term wealth objective of equities research and market analysis. One of the biggest advantages of partnering with Motilal Oswal is the tailored strategy. regardless of your level of experience, their staff can provide tailored plans that reflect your risk patience and your financial goals & the current state of the market.

Why Invest in Equityfor Motilal Oswal Jaipur?

Research: Motilal Oswal is well known for producing exhaustive & high-quality research.

personalized Advisory: The financial path of each investor is distinct. A devoted financial advisor at Motilal Oswal Jaipur will assist you in building a portfolio that is customised to meet your individual goals.

Long-Term money Creation: Using equity investments as the primary means for guaranteeing a stable fiscal future & Motilal Oswal emphasizes on accumulating money over an extended period of time.

Technological Edge: Clients can simply navigate their portfolios and get real-time updates and execute transactions quickly thanks to modern instruments and software.

 Investing in Your Future Whilst the stock market can be unpredictable, risks can be reduced and rewards can be increased with professional advice. Investingin the decades to come with Motilal Oswal of Jaipur guarantees you the backing of one of India's top financial service companies. Motilal Oswal Jaipur's equities spending can put you on the road to success whether the objectives are to grow your wealth, save for retiring, or reach other financial goals. In conclusion, partnering with Motilal Oswal Jaipur is a wise move for everyone wishing to invest in stocks and build an enjoyable financial future as markets change and possibilities present themself.

[projectfundingservices]

Global Star Capital founder Rich Cocovich recently met with principals in both New York City and Los Angeles California on a $5 Million USD entertainment sector project and bridged the gap of funding with a private California based investor. Since 1991, Cocovich has serviced clients in 126 countries and all 50 states in America as the top expert and private funding. Over 30 billion USD from private investors awaits the projects Global Star Capital and Rich Cocovich represent. If you are a solvent and prepared project principal who understands that high end, professional expertise is not free, not contingent, not pro bono, and not wrapped into a closing, then you are welcome to visit one of our two main websites www.globalstarcapital.com or https://lnkd.in/eFeNm-pb and begin in the Our Process Section. Our engagement process and fee structure is etched in stone and non-negotiable. Project principals who follow our protocol, including the mandatory face-to-face meeting steps, succeed in gaining the attention their project deserves. Within seven days of meeting Rich Cocovich in person, a greenlight from a private funding facilitator/investor will be established.

#richcocovich #globalstarcapital #privefunding #projectfunding #richcocovichreviews #globalstarcapitalreviews #cocovich #capitalraising #topconsultant #familyoffice #equity #equityfunding #projectequity #equityinvesting

[globalstarcapital]

Global Star Capital founder Rich Cocovich recently met with principals in both New York City and Los Angeles California on a $5 Million USD entertainment sector project and bridged the gap of funding with a private California based investor. Since 1991, Cocovich has serviced clients in 126 countries and all 50 states in America as the top expert and private funding. Over 30 billion USD from private investors awaits the projects Global Star Capital and Rich Cocovich represent. If you are a solvent and prepared project principal who understands that high end, professional expertise is not free, not contingent, not pro bono, and not wrapped into a closing, then you are welcome to visit one of our two main websites www.globalstarcapital.com or www.globalstarcapital.international and begin in the Our Process Section. Our engagement process and fee structure is etched in stone and non-negotiable. Project principals who follow our protocol, including the mandatory face-to-face meeting steps, succeed in gaining the attention their project deserves. Within seven days of meeting Rich Cocovich in person, a greenlight from a private funding facilitator/investor will be established.

#richcocovich #globalstarcapital #privefunding #projectfunding #richcocovichreviews #globalstarcapitalreviews #cocovich #capitalraising #topconsultant #familyoffice #equity #equityfunding #projectequity #equityinvesting

[privatefunding]

Global Star Capital founder Rich Cocovich recently met with principals in both New York City and Los Angeles California on a $5 Million USD entertainment sector project and bridged the gap of funding with a private California based investor. Since 1991, Cocovich has serviced clients in 126 countries and all 50 states in America as the top expert and private funding. Over 30 billion USD from private investors awaits the projects Global Star Capital and Rich Cocovich represent. If you are a solvent and prepared project principal who understands that high end, professional expertise is not free, not contingent, not pro bono, and not wrapped into a closing, then you are welcome to visit one of our two main websites www.globalstarcapital.com or www.globalstarcapital.international and begin in the Our Process Section. Our engagement process and fee structure is etched in stone and non-negotiable. Project principals who follow our protocol, including the mandatory face-to-face meeting steps, succeed in gaining the attention their project deserves. Within seven days of meeting Rich Cocovich in person, a greenlight from a private funding facilitator/investor will be established.

#richcocovich #globalstarcapital #privefunding #projectfunding #richcocovichreviews #globalstarcapitalreviews #cocovich #capitalraising #topconsultant #familyoffice #equity #equityfunding #projectequity #equityinvesting

[financeio]

Home equity loan

[magistralconsulting1]

Maximize Your Investment Returns with Expert Buy-Side Research

[jananilakshmi]

What Everyone Must Know About Take Over Loan In 2024

INTRODUCTION

In the ever-changing landscape of real estate financing, takeover loans, also known as assumption loans, are emerging as an alternative option for astute homebuyers in 2024. While this concept may seem unfamiliar to many, it's crucial to comprehend the ins and outs of takeover loans, as they could potentially offer significant advantages. This comprehensive guide will provide you with the essential knowledge you need to navigate this unique financing opportunity successfully.

What is a Takeover Loan?

Before delving into the details, let's first define what a take-over loan is. Simply stated, it's a type of financing arrangement where a buyer assumes (or takes over) the existing mortgage from the current property owner. Instead of applying for a new loan, the buyer steps into the shoes of the seller and continues making payments on the existing mortgage.

The Advantages of Takeover Loans

Takeover loans offer several prospective benefits that make them an attractive option for homebuyers in 2024. Here are some important advantages:

Lower Closing Costs: By assuming an existing mortgage, buyers can avoid many of the traditional closing costs associated with procuring a new loan, such as origination fees, appraisal fees, and title insurance premiums. These savings can add up to thousands of dollars.

If the current mortgage has a lower interest rate than the prevailing market rates, the new buyer can benefit from those more favourable terms, potentially saving significant amounts over the life of the loan.

Quicker Closing Process: Compared to traditional mortgages, takeover loans typically involve less documentation and fewer administrative requirements, resulting in a faster closing process.

Bypass Strict Lending Criteria: For buyers who may not qualify for a new mortgage due to credit issues or income constraints, taking over an existing loan can provide an alternative path to homeownership, provided they satisfy the necessary requirements.

Important Considerations

While takeover loans offer appealing advantages, it's crucial to approach them with a comprehensive understanding of the potential drawbacks and considerations. 

Loan Qualification: Lenders will still evaluate the new borrower's creditworthiness, income, and capacity to make payments before approving a takeover loan. Meeting their specific requirements is essential.

Assumption Fees: Some lenders may charge assumption fees, or administrative fees, for transferring the loan to a new borrower. These expenditures should be factored into the overall savings calculation.

Remaining Loan Terms: The new borrower will be constrained by the existing loan's terms, including the remaining balance, interest rate, and repayment period. It's crucial to ensure these terms align with your financial goals and plans.

Property Value Considerations: If the remaining loan balance is higher than the property's current market value, the lender may require the new borrower to pay the difference or provide additional collateral.

Steps to Secure a Takeover Loan in 2024

To increase your odds of successfully securing a Sundaram home finance takeover loan in 2024, follow these steps:

Research and Understand the Existing Loan Terms

Obtain a copy of the current mortgage statement and examine the details, such as the remaining balance, interest rate, and repayment period.

Determine if the existing loan terms are favourable compared to current market rates and your financial situation.

Gather the Required Documentation

Prepare your financial documents, including tax returns, pay receipts, bank statements, and credit reports.

Be prepared to provide proof of income, employment, and assets to demonstrate your ability to make payments.

Seek Professional Guidance

Work with experienced real estate agents and mortgage professionals who specialise in takeover loans.

They can guide you through the process, ensure you meet the lender's requirements, and negotiate favourable terms on your behalf.

Submit the Assumption Application

Once you've identified a suitable takeover loan opportunity, submit the assumption application to the lender, along with all required documentation.

Be prepared to respond promptly to any additional requests or clarifications from the lender.

Obtain Lender Approval

If approved, the lender will provide the necessary paperwork to finalise the loan transfer to your name.

Review all documents carefully and ensure you completely understand the terms and conditions before signing.

 The Future of Takeover Loans

As the housing market continues to evolve and affordability remains a concern for many, takeover loans are expected to acquire traction in 2024 and beyond. Their potential cost savings and flexible requirements make them an attractive option for both buyers and vendors. For more details click learn More…

However, it's essential to approach taking over loans with a thorough comprehension of the process, requirements, and potential pitfalls. By following the steps outlined in this guide and seeking professional guidance, you can position yourself for success and potentially uncover significant financial advantages through this innovative financing solution. By educating yourself about takeover loans, you'll be better equipped to make informed decisions and navigate the complexities of the homebuying process in 2024 and beyond.

To get more information about takeover loan, click this link

[klubwork]

Equity Financing: Equity financing, a cornerstone for startups, involves selling ownership stakes in the company in exchange for capital.

[faspconsultingllc]

Unlocking Growth: Your Ultimate Guide to Equity Funding with FASP Consulting LLC

Today, we delve into the realm of equity funding, exploring its benefits, the role of equity funding investors, and the top-notch services provided by FASP Consulting LLC, a renowned name in the industry.

[isprevolution]

Raising Capital for WISPs and ISPs: Beyond Grants

Introduction

The world of wireless internet service providers (WISPs) and traditional internet service providers (ISPs) is both dynamic and competitive. To thrive and expand in this space, companies often need substantial capital investment. While grants can be a valuable source of funding, they are not always guaranteed. In this blog post, we will explore best practices and potential sources for raising capital for WISPs and ISPs beyond grants. From traditional financing options to innovative strategies, we’ll provide you with a comprehensive guide to help your internet business grow and succeed.

1. Equity Financing

One of the most common ways to raise capital for your WISP or ISP is through equity financing. This involves selling ownership shares (equity) of your company to investors in exchange for capital. Equity financing can be an effective way to secure the funds needed for network expansion, technology upgrades, and operational scaling.

Venture Capital (VC): VC firms are actively seeking opportunities in the telecommunications industry. To attract VC funding, your business should demonstrate strong growth potential, a clear market niche, and a solid business plan. Be prepared to offer equity in exchange for the capital infusion.

Angel Investors: Angel investors are individuals who provide capital to startups and small businesses. They often have industry expertise and can bring valuable insights in addition to funding. To attract angel investors, focus on building relationships within your industry and network, and craft a compelling pitch that highlights your business’s potential.

2. Debt Financing

Debt financing involves borrowing money that you will later repay with interest. This approach allows you to maintain full ownership of your business while obtaining the necessary capital. Here are some sources of debt financing:

Bank Loans: Traditional banks offer various types of loans, including term loans, lines of credit, and Small Business Administration (SBA) loans. Interest rates and terms can vary, so shop around for the best deal. A strong business plan and a good credit history are often required to secure bank loans.

Private Lenders: Private lending institutions, including online lenders and peer-to-peer lending platforms, provide alternative financing options. These lenders may offer more flexible terms and faster approval processes than traditional banks. However, interest rates can be higher.

Bonds: Municipal bonds or revenue bonds can be an option for WISPs or ISPs that serve specific geographic regions. These bonds are typically used to fund infrastructure projects and can be an attractive choice for community-based internet providers.

3. Strategic Partnerships

Forming strategic partnerships can provide not only capital but also access to valuable resources and expertise. Consider these partnership options:

Infrastructure Sharing: Partnering with other WISPs or ISPs to share infrastructure costs can be a cost-effective way to expand your network. This collaboration can lead to a win-win situation, reducing capital requirements for both parties.

Telecom Equipment Manufacturers: Collaborate with telecom equipment manufacturers to obtain favorable terms on equipment purchases, financing, or even co-development of customized solutions. These partnerships can enhance your technological capabilities and competitiveness.

4. Crowdfunding and Community Investment

Crowdfunding platforms have gained popularity as an alternative way to raise capital. Crowdfunding allows you to secure funds from a broad audience, including individuals who believe in your mission. Consider these crowdfunding options:

Equity Crowdfunding: Platforms like SeedInvest and StartEngine enable you to offer equity in your company to a crowd of investors. This can be an effective way to raise capital while gaining support from your customer base.

Rewards-Based Crowdfunding: Platforms like Kickstarter and Indiegogo allow you to raise funds by offering backers rewards, such as early access to your services or branded merchandise. This can be particularly effective for WISPs and ISPs looking to fund specific projects or initiatives.

Community Investment: If your WISP or ISP serves a specific community, consider offering community members the opportunity to invest directly in your business. Community investment can foster strong customer loyalty and a sense of ownership among residents.

5. Strategic Grants and Subsidies

While this article focuses on capital sources beyond grants, it’s worth noting that some grants and subsidies specifically target the telecommunications industry. Look for grants that support rural broadband development, digital inclusion, or innovative technology projects. These grants can provide a significant financial boost while aligning with your business goals.

6. Revenue Generation and Retention Strategies

Increasing revenue and retaining existing customers can also free up capital for expansion. Implement the following strategies to maximize your income:

Upselling and Cross-Selling: Identify opportunities to offer additional services or upgraded packages to your existing customers. This can lead to increased monthly recurring revenue (MRR).

Customer Retention: Reducing churn and retaining customers for longer periods can boost your bottom line. Focus on providing exceptional customer service and addressing customer concerns promptly.

New Customer Acquisition: Invest in marketing and sales efforts to attract new customers to your network. Calculate the customer acquisition cost (CAC) and lifetime value (LTV) to ensure your efforts are cost-effective.

7. Government Programs and Subsidies

Government programs and subsidies, separate from traditional grants, can provide significant financial support to WISPs and ISPs. Explore programs such as:

Universal Service Fund (USF): In the United States, the USF is designed to promote universal access to telecommunications services, including broadband. Eligible companies can receive subsidies to expand and maintain their networks in underserved or rural areas.

Rural Digital Opportunity Fund (RDOF): The RDOF is a multi-billion-dollar program in the U.S. that supports the deployment of high-speed broadband to underserved and unserved rural areas. Participating in RDOF auctions can provide substantial funding opportunities.

Government Loans and Grants: Some governments offer low-interest loans or grants specifically tailored to broadband infrastructure development. Research the programs available in your region and consider applying.

Conclusion

Raising capital for WISPs and ISPs beyond grants is a multifaceted process that requires creativity, strategy, and persistence. While grants can be an excellent source of funding, don’t limit your options. Explore equity financing, debt financing, strategic partnerships, crowdfunding, and government programs to secure the capital needed for your business’s growth and success. Remember that a well-thought-out business plan and a clear vision for your company’s future are essential when seeking capital from any source. By diversifying your funding strategies and pursuing multiple avenues, you can strengthen your financial position and position your WISP or ISP for sustainable growth in the competitive telecommunications market.

Checkout more topics — https://isprevolution.io/blog/

[bizzview]

Navigating tax equity in the US presents its fair share of challenges. However, by skillfully leveraging tax incentives and mastering the system's intricacies, one can unlock the full potential of renewables. It's a clever way not only to drive economic success but also to make a significant positive impact on the environment. 💚💼 Making Green by Going Green! ✨ What sets this model apart? ✨  🔹 Tailored financial analysis that precisely addresses the needs of PV farm projects.  🔹 Efficient management of capital accounts and careful consideration of tax basis.  🔹 Flexibility to explore back leverage loan options for optimized financing.  🔹 Seamless allocation of income and cash flow/waterfall among partners.  🔹 Reliable projections to empower confident decision-making.  🔹 Robust reporting and analysis capabilities.

👉 Access the model now to unlock the full potential of your PV farm partnerships. Let's propel the renewable energy revolution forward! 

[projectfundingservices]

In the past 45 days, Global Star Capital founder Rich Cocovich has met with clients in multiple sectors, executives and established entertainment brass on multiple projects in Los Angeles, Pittsburgh, Phoenix, San Diego, Washington DC and Miami. He is a gearing up for international clients in Spain, Italy, The UAE and South Africa also. If you are a solvent and prepared project principal who understands that high end professional services are not free, not “wrapped into a closing” and not contingent then you are welcome to apply at our website www.globalstarcapital.com beginning in the Our Process section. Projects $1 Million and up are welcome. We are the top experts in private funding with clients in 126 countries and all 50 states since 1991. Our mandatory protocol is etched in stone with fre structure that includes meeting face to face. Over $30 Billion USD awaits our clients from private investors worldwide who cannot be reached without Global Star Capital and our founder.

#richcocovichreviews #richcocovich #globalstarcapital #globalstarcapitalreviews #projectfunding #projectfinance #capitalraising #equityinvesting #equityfunding #topconsultant #privateequity #privatemoney #privatefunding #funding #fundingnews

[globalstarcapital]

Global Star Capital founder Rich Cocovich recently met with new clients in Newport Beach California USA on a $5 Million project to bring a new alcohol spirit to market. Since 1991, Global Star Capital and Cocovich have assisted project principals in 126 Countries and all states in America to align private funding. If you are a solvent and prepared project principal who understands that high end professionals and their services are not free, not commission based, not contingent, not wrapped into a closing and not pro-bono, then you are welcome to apply at our main company website www.globalstarcapital.com beginning in the Our Process section. Our protocol is etched in stone and is non-negotiable. Over $30 Billion USD from private investors world wide awaits the projects we represent.

#richcocovichreviews #richcocovich #capitalraising #cocovich #globalstarcapitalreviews #globalstarcapital #projectfinance #projectfunding #equityinvesting #equityfunding

[privatefunding]

In the past 45 days, Global Star Capital founder Rich Cocovich has met with clients in multiple sectors, executives and established entertainment brass on multiple projects in Los Angeles, Pittsburgh, Phoenix, San Diego, Washington DC and Miami. He is a gearing up for international clients in Spain, Italy, The UAE and South Africa also. If you are a solvent and prepared project principal who understands that high end professional services are not free, not “wrapped into a closing” and not contingent then you are welcome to apply at our website www.globalstarcapital.com beginning in the Our Process section. Projects $1 Million and up are welcome. We are the top experts in private funding with clients in 126 countries and all 50 states since 1991. Our mandatory protocol is etched in stone with fre structure that includes meeting face to face. Over $30 Billion USD awaits our clients from private investors worldwide who cannot be reached without Global Star Capital and our founder.

#richcocovichreviews #richcocovich #globalstarcapital #globalstarcapitalreviews #projectfunding #projectfinance #capitalraising #equityinvesting #equityfunding #topconsultant #privateequity #privatemoney #privatefunding #funding #fundingnews

[mostlysignssomeportents]

Leveraged buyouts are not like mortgages

I'm coming to DEFCON! On FRIDAY (Aug 9), I'm emceeing the EFF POKER TOURNAMENT (noon at the Horseshoe Poker Room), and appearing on the BRICKED AND ABANDONED panel (5PM, LVCC - L1 - HW1–11–01). On SATURDAY (Aug 10), I'm giving a keynote called "DISENSHITTIFY OR DIE! How hackers can seize the means of computation and build a new, good internet that is hardened against our asshole bosses' insatiable horniness for enshittification" (noon, LVCC - L1 - HW1–11–01).

Here's an open secret: the confusing jargon of finance is not the product of some inherent complexity that requires a whole new vocabulary. Rather, finance-talk is all obfuscation, because if we called finance tactics by their plain-language names, it would be obvious that the sector exists to defraud the public and loot the real economy.

Take "leveraged buyout," a polite name for stealing a whole goddamned company:

Identify a company that owns valuable assets that are required for its continued operation, such as the real-estate occupied by its outlets, or even its lines of credit with suppliers;

Approach lenders (usually banks) and ask for money to buy the company, offering the company itself (which you don't own!) as collateral on the loan;

Offer some of those loaned funds to shareholders of the company and convince a key block of those shareholders (for example, executives with large stock grants, or speculators who've acquired large positions in the company, or people who've inherited shares from early investors but are disengaged from the operation of the firm) to demand that the company be sold to the looters;

Call a vote on selling the company at the promised price, counting on the fact that many investors will not participate in that vote (for example, the big index funds like Vanguard almost never vote on motions like this), which means that a minority of shareholders can force the sale;

Once you own the company, start to strip-mine its assets: sell its real-estate, start stiffing suppliers, fire masses of workers, all in the name of "repaying the debts" that you took on to buy the company.

This process has its own euphemistic jargon, for example, "rightsizing" for layoffs, or "introducing efficiencies" for stiffing suppliers or selling key assets and leasing them back. The looters – usually organized as private equity funds or hedge funds – will extract all the liquid capital – and give it to themselves as a "special dividend." Increasingly, there's also a "divi recap," which is a euphemism for borrowing even more money backed by the company's assets and then handing it to the private equity fund:

https://pluralistic.net/2020/09/17/divi-recaps/#graebers-ghost

If you're a Sopranos fan, this will all sound familiar, because when the (comparatively honest) mafia does this to a business, it's called a "bust-out":

https://en.wikipedia.org/wiki/Bust_Out

The mafia destroys businesses on a onesy-twosey, retail scale; but private equity and hedge funds do their plunder wholesale.

It's how they killed Red Lobster:

https://pluralistic.net/2024/05/23/spineless/#invertebrates

And it's what they did to hospitals:

https://pluralistic.net/2024/02/28/5000-bats/#charnel-house

It's what happened to nursing homes, Armark, private prisons, funeral homes, pet groomers, nursing homes, Toys R Us, The Olive Garden and Pet Smart:

https://pluralistic.net/2023/06/02/plunderers/#farben

It's what happened to the housing co-ops of Cooper Village, Texas energy giant TXU, Old Country Buffet, Harrah's and Caesar's:

https://pluralistic.net/2021/05/14/billionaire-class-solidarity/#club-deals

And it's what's slated to happen to 2.9m Boomer-owned US businesses employing 32m people, whose owners are nearing retirement:

https://pluralistic.net/2022/12/16/schumpeterian-terrorism/#deliberately-broken

Now, you can't demolish that much of the US productive economy without attracting some negative attention, so the looter spin-machine has perfected some talking points to hand-wave away the criticism that borrowing money using something you don't own as collateral in order to buy it and wreck it is obviously a dishonest (and potentially criminal) destructive practice.

The most common one is that borrowing money against an asset you don't own is just like getting a mortgage. This is such a badly flawed analogy that it is really a testament to the efficacy of the baffle-em-with-bullshit gambit to convince us all that we're too stupid to understand how finance works.

Sure: if I put an offer on your house, I will go to my credit union and ask the for a mortgage that uses your house as collateral. But the difference here is that you own your house, and the only way I can buy it – the only way I can actually get that mortgage – is if you agree to sell it to me.

Owner-occupied homes typically have uncomplicated ownership structures. Typically, they're owned by an individual or a couple. Sometimes they're the property of an estate that's divided up among multiple heirs, whose relationship is mediated by a will and a probate court. Title can be contested through a divorce, where disputes are settled by a divorce court. At the outer edge of complexity, you get things like polycules or lifelong roommates who've formed an LLC s they can own a house among several parties, but the LLC will have bylaws, and typically all those co-owners will be fully engaged in any sale process.

Leveraged buyouts don't target companies with simple ownership structures. They depend on firms whose equity is split among many parties, some of whom will be utterly disengaged from the firm's daily operations – say, the kids of an early employee who got a big stock grant but left before the company grew up. The looter needs to convince a few of these "owners" to force a vote on the acquisition, and then rely on the idea that many of the other shareholders will simply abstain from a vote. Asset managers are ubiquitous absentee owners who own large stakes in literally every major firm in the economy. The big funds – Vanguard, Blackrock, State Street – "buy the whole market" (a big share in every top-capitalized firm on a given stock exchange) and then seek to deliver returns equal to the overall performance of the market. If the market goes up by 5%, the index funds need to grow by 5%. If the market goes down by 5%, then so do those funds. The managers of those funds are trying to match the performance of the market, not improve on it (by voting on corporate governance decisions, say), or to beat it (by only buying stocks of companies they judge to be good bets):

https://pluralistic.net/2022/03/17/shareholder-socialism/#asset-manager-capitalism

Your family home is nothing like one of these companies. It doesn't have a bunch of minority shareholders who can force a vote, or a large block of disengaged "owners" who won't show up when that vote is called. There isn't a class of senior managers – Chief Kitchen Officer! – who have been granted large blocks of options that let them have a say in whether you will become homeless.

Now, there are homes that fit this description, and they're a fucking disaster. These are the "heirs property" homes, generally owned by the Black descendants of enslaved people who were given the proverbial 40 acres and a mule. Many prosperous majority Black settlements in the American South are composed of these kinds of lots.

Given the historical context – illiterate ex-slaves getting property as reparations or as reward for fighting with the Union Army – the titles for these lands are often muddy, with informal transfers from parents to kids sorted out with handshakes and not memorialized by hiring lawyers to update the deeds. This has created an irresistible opportunity for a certain kind of scammer, who will pull the deeds, hire genealogists to map the family trees of the original owners, and locate distant descendants with homeopathically small claims on the property. These descendants don't even know they own these claims, don't even know about these ancestors, and when they're offered a few thousand bucks for their claim, they naturally take it.

Now, armed with a claim on the property, the heirs property scammers force an auction of it, keeping the process under wraps until the last instant. If they're really lucky, they're the only bidder and they can buy the entire property for pennies on the dollar and then evict the family that has lived on it since Reconstruction. Sometimes, the family will get wind of the scam and show up to bid against the scammer, but the scammer has deep capital reserves and can easily win the auction, with the same result:

https://www.propublica.org/series/dispossessed

A similar outrage has been playing out for years in Hawai'i, where indigenous familial claims on ancestral lands have been diffused through descendants who don't even know they're co-owner of a place where their distant cousins have lived since pre-colonial times. These descendants are offered small sums to part with their stakes, which allows the speculator to force a sale and kick the indigenous Hawai'ians off their family lands so they can be turned into condos or hotels. Mark Zuckerberg used this "quiet title and partition" scam to dispossess hundreds of Hawai'ian families:

https://archive.is/g1YZ4

Heirs property and quiet title and partition are a much better analogy to a leveraged buyout than a mortgage is, because they're ways of stealing something valuable from people who depend on it and maintain it, and smashing it and selling it off.

Strip away all the jargon, and private equity is just another scam, albeit one with pretensions to respectability. Its practitioners are ripoff artists. You know the notorious "carried interest loophole" that politicians periodically discover and decry? "Carried interest" has nothing to do with the interest on a loan. The "carried interest" rule dates back to 16th century sea-captains, and it refers to the "interest" they had in the cargo they "carried":

https://pluralistic.net/2021/04/29/writers-must-be-paid/#carried-interest

Private equity managers are like sea captains in exactly the same way that leveraged buyouts are like mortgages: not at all.

And it's not like private equity is good to its investors: scams like "continuation funds" allow PE looters to steal all the money they made from strip mining valuable companies, so they show no profits on paper when it comes time to pay their investors:

https://pluralistic.net/2023/07/20/continuation-fraud/#buyout-groups

Those investors are just as bamboozled as we are, which is why they keep giving more money to PE funds. Today, the "dry powder" (uninvested money) that PE holds has reached an all-time record high of $2.62 trillion – money from pension funds and rich people and sovereign wealth funds, stockpiled in anticipation of buying and destroying even more profitable, productive, useful businesses:

https://www.institutionalinvestor.com/article/2di1vzgjcmzovkcea8f0g/portfolio/private-equitys-dry-powder-mountain-reaches-record-height

The practices of PE are crooked as hell, and it's only the fact that they use euphemisms and deceptive analogies to home mortgages that keeps them from being shut down. The more we strip away the bullshit, the faster we'll be able to kill this cancer, and the more of the real economy we'll be able to preserve.

If you'd like an essay-formatted version of this post to read or share, here's a link to it on pluralistic.net, my surveillance-free, ad-free, tracker-free blog:

https://pluralistic.net/2024/08/05/rugged-individuals/#misleading-by-analogy

[femmefatalevibe]

Hey, I've recently discovered a Youtube channel, The Financial Diet, and they have some really good material. I've mostly been listening to the stuff about how domestic chores aren't evenly distributed in marriage. Whether a woman chooses to be a career woman or a housewife, she's still getting the short end of the stick and will usually bare the majority of the weight for the household. I'd recommend this video in particular, Solving The Problem Of The Adult Toddler Husband. They bring up some really good points that have sat with me since I first watched it. For example, a group of very accomplished women left the house for 2 hours and WWIII broke out at home because their husbands couldn't manage. All the women had to abandon their plans and go tend to the house. Hearing stuff like this gives me pause. I'd really like to get married and be a mother, but it just seems like a bad business move, no matter the type of man a woman marries. I'm not the sacrificial type--I want to be a mother and a wife and still maintain my own identity. Just thought I'd share this here because I live in a region where I'm not allowed to bring up these issues lest I sound like a, feminist (*gasp*).

Hi love! Yes, I think The Financial Diet channel is great. Chelsea has some great, easy-to-understand tips regarding personal finance/money management, and I love her guest contributors/podcast guest episodes. Oh, this notion highlighted in this episode is SO true IRL. A 2008 study found that husbands add 7 hours of housework a week to their wives' plates, while wives decreased a husband's household chores by 1 hour per week.

Check out Melanie Hamlett on TikTok if you want to dive further into this topic. She labels the man in this dynamic under the patriarchy as "King Baby," and it gets me every time!

The Commercialization Of Intimate Life by Arlie Russell Hochschild is a wonderful read on this topic (and the most intersectional text I've found on the subject).

Glad to share more on this topic in the future if there's interest xx