2min chapter

The Education of a Value Investor cover image

Ben Feder on Video Games, Artificial Intelligence and his VC Firm TIRTA

The Education of a Value Investor

CHAPTER

How to Organize a Shareholder in a Hub and Spoke System

management never wanted to do anything hostile to management we figured out a way to do without a fight so the subtext and all of that is that because of all the trouble the company had been under the auditor's wouldn't sign off on the financials. The shareholders themselves came to us and sort of set help right me know then the reason we did it with no money down is when you do activists and activists things like this if you want to coordinate among mutual funds and hedge funds and the other shareholders you have to file as a group with the SEC. capital on the line there as well so it's not just you'd want a proxy battle no no capital just get no money down so just

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