Audiobook: Good to Great: Why Some Companies Make the Leap & Others Don't by Jim Collins
Get the New Kindle for $109 www.amazon.com
Good to Great Why Some Companies Make the Leap... and Others Dont by Jim Collins
Get the New Kindle for $109 www.amazon.com
Investors lost trust in the financial system, they lost trust in bankers, ratings agencies, federal regulators, the words “collateral” and “obligation,” and in the American dream of home ownership. And it’s not an issue solely relevant to Brazil and/or Latin America, as it is an issue facing any early-stage or middle-market company worldwide looking to raise capital via the private equity market. Call it “The Great Recession,” “The Great Depression 2. It is the subject of much frustration among private equity professionals and company executives alike, and perhaps the single most common reason why most potential transactions reach an unfortunate and untimely death. This is perhaps the mother of all issues when considering the more common challenges in successfully raising private equity capital. The point is that financial transparency fell by the wayside and with it went investor trust. Let’s first remember that a principal factor of the current financial crisis was the simple annihilation and obliteration of trust....