“We just completed the acquisition of Forge Global… allows employees and founders to tender their shares… clients can get access… creates supply-demand and provides liquidity”

Schwab Asset Management · Masters in Business · Using Decision Science in Investing: Masters in Business with Omar Aguilar

Play from 27:47
27:47

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What was described

acquired Forge Global to create a marketplace where employees and founders can tender private-company shares, providing liquidity and giving Schwab clients access to semi-private assets

Said nearby on the same subject

“Our global liquidity cycle this is shown as an index um it's basically an index of the underlying momentum of global liquidity so this is the underlying growth rate and you can see that it moves in four in five to six year spans or cycles”
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“There are a number of different password managers available in the marketplace. Those can help to provide very strong passwords, and it also helps because those will create databases and remember the passwords.”
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Said on Public Risk Management
“We have one of the lowest fee rates… we basically give them third-party options… we roughly get 35% of net new assets in our ETFs that come from outside of Schwab”
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Schwab Asset Management
Masters in Business ·
Growth tactic 8 bps fee; 35% net new assets from outside Share this moment
“We wrote an open letter ... tender offer price was at 6,700 ... I felt fair value was at least 30,000 Korean won per share ... zero shares were tendered ... controlling shareholders then pursued enhancing corporate value”
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Ryan Albert
The Acquirers Podcast ·
How they work Tender offer price 6,700 KRW vs fair value estimate 30,000 KRW; contro… Share this moment

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