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所在平台: Udemy |
课程主页: https://www.udemy.com/course/dont-go-chasing-waterfalls/
课程评论：没有评论
课程名称：不要追逐资本回报 概述：资本回报模型常常被赞助方提及，但对被动投资者而言却鲜有解释。本课程旨在揭示资本回报的含义及其运作方式。我们将讨论资本回报与直接收益分配模型的优劣，进一步分析为何资本回报模型对投资者有利，同时指出需要注意的事项。课程将定义关键术语，帮助您在审阅投资者方案时更加明确。我们将深入探讨优先回报的概念及其运作机制，并提供一个示例模型，让您理解利润如何在不同的层级中流动，以及您何时能获得回报。课程还将教您如何审查有限合伙协议中的分配部分，以帮助您验证赞助方所告知的信息是否符合法律规定。如果您是一名希望在经济环境中提高投资水平的被动投资者，本课程将助您深入理解资本回报结构，帮助您在投资时更具信心。本课程基于与许多希望参与更具吸引力交易、但因对资本回报结构理解不透而感到犹豫的被动投资者的交流而开发。我的目标是让您能够以成熟投资者的身份向赞助方提出有见地的问题，从而评估您所考虑投资的交易。
Equity Waterfalls are often mentioned by sponsors, but never explained to passive investors. This course is designed to demystify what waterfalls are and how they work. We will talk through the advantages of waterfalls vs. straight split profit share models. Then we will discuss why waterfall models are advantageous to investors and what to watch out for. Next we will define key terms to allow you to have more certainty when reviewing investor packages. We will deep dive on what preferred returns are and how preferred returns work. We feature an example waterfall, so you can begin to understand how profits flow through the hurdles/tiers and have a better understanding of when you get paid. The class finishes by teaching you how to review the distribution section of an LP agreement to help you verify what the sponsor told you is legally correct. This course is for you if you are a passive investor looking to up your game in the difficult economic environment. This course will help you to invest at a higher level by gaining an in-depth understanding of waterfall structures. This course was made based on conversations with numerous passive investors who wanted to participate in more exciting deals, but were hesitant due to not understanding the nuances of waterfall structures. My goal for this course is for you to be able to ask educated questions as a sophisticated investor to sponsors whose deals you are considering investing in.
