“In exchange, you can have fee concessions… you're really taking that stake in exchange for providing material LP capital.”
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Said on How I Invest with David Weisburd
Law The Podcast · Michael Green. Lawyer, Podcaster and a Richmond Champion from the 60s and 70s
Audio streams from the publisher’s own feed. Verbatim does not host or copy it.
Worked as a barrister's clerk, providing marketing, booking and administrative services to barristers in exchange for a commission
“In exchange, you can have fee concessions… you're really taking that stake in exchange for providing material LP capital.”
“Payment services provider takes your money for a credit card and behind the scenes, they convert it into something called cycles… providers can turn those cycles back into cash because there's a market for them.”
“The trail commission structured usually it's between 0.15 to 0.175 um and then the upfronts are anywhere between sort of 65 to 75 points up front as well so like it's decent and but because everything pays trail like every million bucks you draw down like it's straight on to your straight onto your recurring revenue book”
“We started to partner with Amazon. ... added it as a subscription service and really getting into the market.”
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