The Democratization of the Private Market

With no real background in economics, I once set out to write a super-hero story about the world’s financial situation. Flickers of Fortune was the result. Needless to say, I learned a lot a long the way. The experience left me with a new fascination for the world of money on a global scale and I’m always excited to find a book that addresses this.

So today it is my pleasure to welcome Carine Schneider and her financial analysis The Democratization of the Private Market.

Author’s description

Facebook, Uber, Robinhood: all were private companies at some point. Historically, there has been no way for investors to easily buy and sell shares in private companies. With the introduction of blockchain technology, digital securities, and decentralized financial solutions, the ability to grow the private market is on the horizon. Regulators around the world are rushing to catch up and understand how to protect investors who want to participate in this market. This book reviews the regulatory, technical, and societal challenges to open this asset class to more investors in the future.

About the Author

Carine Schneider, FGE (Fellow of Global Equity) is an experienced and well-connected leader in the private market and global compensation industry with deep experience working in consulting, technology, and financial services. She is the President of AST Private Company Solutions (AST PCS). She was named one of the 100 Influential Women in Silicon Valley by the Silicon Valley Business Journal and one of 17 “Women to Watch” in 2017 by Brown Brothers Harriman Center on Women and Wealth. Carine was formerly the President, Nasdaq Private Market and has been the founder and CEO of Global Shares, CEO of Certent, and Partner at PwC. She has also held senior level positions at Morgan Stanley and Willis Towers Watson. She was the founding Executive Director of the National Association of Stock Plan Professionals (NASPP) and founded the nonprofit Global Equity Organization (GEO) where she is now Chair Emeritus, after serving as Chair for eighteen years.
She started her career as Manager of Shareholder Relations at Oracle Corporation where she assisted in the IPO. Ms. Schneider was born in The Netherlands and received her degree in psychology and sociology from the University of California, Santa Cruz. She is a frequent speaker at conferences around the world, including at President Obama’s 2016 Global Entrepreneurial Summit, and has authored various articles and chapters in industry publications. She currently serves as a member of the Board of Professional Business Women of California (PBWC). In 2019, she received the UK ProShare Award for Service to Employee Share Ownership.


Find the Author

 

Buy the Book

Amazon

Yes, there is a giveaway

The author will be awarding a $10 Amazon/BN gift card to a randomly drawn winner via rafflecopter during the tour.

Enter here to win.

This post is part of a tour sponsored by Goddess Fish. Check out all the other tour stops. If you drop by each of these and comment, you will greatly increase your chances of winning.

My Favorite Excerpt

Currently, US residents who want to invest in the private market need to have a certain net worth to participate. Under the cover of this exclusive private club is access to investment opportunities, supporting innovation, and extreme risk. As the private market has grown, the types of investment instruments and the complexity of the investment structure has increased significantly. Unlike investing in the public market, investing in private ventures can be complicated and requires an understanding of securities law, tax strategy, and, in many cases, future technology that can only be envisioned by innovative entrepreneurs.

The key characteristics of the private market are:
• Less company regulation
• Limited public reporting requirements, especially for smaller companies
• A lack of information symmetry
• Only investment professionals, or the ultra-wealthy, can invest (accredited investors)

With the changes in technology solutions, the advent of new financial solutions, and a change in the way some founders approach building their companies, these characteristics may change as the private market grows. Dan Gallagher, General Counsel of Robinhood and a former Securities and Exchange Commission (SEC) Commissioner, describes the private market as “a vibrant ecosystem.” Capital is key to growth in a private company, and it can come from various sources — professional individual investors (sometimes called “angel investors”), venture capital firms (VC firms), friends and family, and crowdfunding campaigns. Private equity (PE) is sometimes confused with private company investment. PE firms tend to acquire mature companies and recapitalize and re-organize their targets. PE firms generally aren’t looking to make individual investments alongside other investors.

For the purposes of this book, we will mostly focus on non-PE owned companies, although we do discuss liquidity in PE funds. The private market is attractive because investors in privately held companies hope to quickly increase the company’s value, then sell their stakes later through a buyout, trade sale, recapitalization, or listing on a public market via initial public offerings (IPOs).

Thank you!

Carine Schneider — we appreciate your sharing your book The Democratization of the Private Market with us! Best of luck with sales, and with all of your future endeavors.

Can Machines Bring Peace

Today it is my pleasure to welcome author Floor Kist and his science fiction novel, Can Machines Bring Peace?

Author’s description

Can a machine bring peace? Or are humans built for war?

 

450 years after Earth was bombed back to the Stone Age, a young diplomat searches for lost human settlements. Kazimir Sakhalinsk narrowly escapes an exploration mission gone wrong and searches for ways to make future missions safer for his people. A festival introduces him to the Marvelous Thinking Machine.

 

A machine Kazimir believes can change everything

 

For his admiral it’s nothing more than a silly fairground gimmick. But Kazimir is convinced. Convinced enough to go against orders and build one of his own. Convinced enough to think he can bring peace. Convinced enough to think humanity is worth saving. What if he’s wrong?

 

He asks his hikikomori sister, a retired professor filling her empty days, the owner of the festival machine and the admiral’s daughter for help. Will that be enough?

About the Author

Floor Kist lives in a Dutch town called Voorburg with his wife, two sons, two cats and their dog Monty. He is currently deputy-mayor for the Green Party and an AI researcher. He’s concerned about current divisive public and political debates. But he’s also interested in how AI can be used to resolve society’s big issues.

This is his first novel. He’s been carrying the idea about a story about AI bringing peace for a long time. The Covid-19 lockdown in the Netherlands suddenly gave him time to actually write it.

Find the Author

Link to website: http://www.floorkist.nl/author
Blog: https://www.goodreads.com/author/show/21225715.Floor_Kist/blog

Buy the Book

Link to ebook: https://www.amazon.com/dp/B08XK42BMP
Link to paperback: https://www.amazon.com/dp/151368115X

Yes, there is a giveaway

The author will be awarding a $30 Amazon/BN gift card to a randomly drawn winner via rafflecopter during the tour.

Enter here to win.

This post is part of a tour sponsored by Goddess Fish.

 

A Guest Post

A big thank you to author Floor Kist for sharing the following guest post with us. I always find it fascinating to learn more about an author’s thought processes as they research a novel!

Hi, Sherrie. Thank you so much for having me on your site. I really like how you’re fascinated by superpowers, because deep down you believe each of us has extraordinary abilities we can draw on when forced to deal with dangers in our own lives. I never thought of it that way. I tend to believe each of us does have cool abilities that help us do extraordinary things. At least we’re both optimistic about what each of us can do.

Hello, everyone.

Sherrie asked this about my novel Can Machines Bring Peace? Hope in a Post-Apocalyptic Age.

How much vocabulary did you create for your world of the future and what, if anything, did you use to guide the creation of your words?

Boiling it down to the actual answer to that question, I only created one new word. But I’d like to explain the principles of the world building I did, and why it only led to one word.

I didn’t create an entirely new world, I retrofitted the existing one. The novel is set in Japan of the 25th century. However, it has a 1930s vibe, because of the loss of modern technology after the Final War. So, in a sense, it became a historical setting. And most of my research was on Japan today and in the past.

Besides, you don’t really need new vocabulary when dealing with the Japanese Imperial Family. A Japanese emperor can have several names. Let me give you an example with the previous emperor Akihito: During his reign, in Japan, Akihito was never referred to by his name, but only by “His Majesty the Emperor”. The era of his reign from 1989 to 2019 bears the name Heisei, and according to custom he will be renamed Emperor Heisei after his death.

In my novel, Empress Suiko starts out as Princess Nukatabe. I took the name from Japanese history. Suiko was the first of eight women to take on the role of empress regnant, an empress who rules, not an empress because she’s the emperor’s wife.

So, do I really need new vocabulary?!

But I did need new technology.

I needed to adapt existing technological knowledge to the 1930s. The backstory is that just before the Final War, the Japanese government quickly built underground vaults. However, during that time primary systems began failing as well. Specifically, air filtering systems. Those suddenly broke down in more than half the vaults, killing everyone living there. They simply couldn’t revert those systems in time. Then, a brilliant engineer called Kirisu Mikase literally saved the Empire. She developed an oxygen-assisted aluminum/carbon dioxide power cell that uses electrochemical reactions to both sequester carbon dioxide and produce electricity. In one amazing swoop, air filtration systems kept working and also became efficient energy producers.

Her innovation led to more hydrogen-based energy. Because they didn’t have enough room in the vaults, they needed a power source that could be stored efficiently: electro-chemical hydrogen can be packed into small power cells. And with the CO2 sequestering power source, manufacturing hydrogen wasn’t a problem anymore. The cells are used to power surface households, factories and even airplane engines.

And, for the Thinking Machine computer, I needed vacuum tubes technology. A rudimentary model would need 3000 tubes. This has to do with the amount of memory that can be stored into the tubes. The vault engineers improved upon the basic vacuum tube by creating vacuum-channel transistors. An important benefit was that these were just as easily fabricated. By using field emission rather than the thermionic electron emission, the vacuum-channel transistors don’t require a heat source. And they don’t really need vacuum either. Instead, they use helium. That means the electrons traverse the air gap a lot faster than if they had to pass through an electrode. So, they are smaller and can be packaged more effectively.

No new vocabulary here either, I’m afraid.

So, what about that one new word: “tairikusei”. It means “continental” in the novel. And it is used as a derogatory word for outsider. I didn’t want to use existing Japanese words for obvious reasons. The protagonist is the son of Russian parents (or what’s left of it).  And in the traditionalistic setting of the 1930s Japan his heritage doesn’t work in his favor. However, he and his band of outcasts-in-their-own-way actually build a machine that brings peace. And it’s their diversity that makes them succeed.

No new words, but an age old story.

My Favorite Excerpt

The memorial service is solemn. The admiral thanks the fallen officers for the ultimate sacrifice they made for the Empire. To the gathered wives, children, parents and grandparents he swears that they will not be forgotten. He tells the assembled men that he will do everything in his power to avoid these catastrophes in the future. And finally, he decorates the survivors, for their bravery and courage under fire. They are fine examples of Imperial officers.

Sugimoto shares the sentiment, of course. He is glad the admiral arranged this event. But it does feel a bit hollow, considering what happened to Kazimir Sakhalinsk. He steps forward when the admiral calls his name, announcing that he will lead the next mission.

He’s not surprised with his new orders. After Maeda’s death, Sugimoto expected as much. He gave his new team the report he received from the Kirisu-device as an example of what he expected. And they worked on the new one diligently. But he had to ask them to perfect it three times. And it took more than a week to prepare. Sakhalinsk’s Thinking Machine did it in half an hour. And Sakhalinsk’s is better.

Ogata will court-martial him for sure if Sugimoto visits Kazimir. But that’s preferable to dying in the middle of nowhere, isn’t it? It’s not as if Sakhalinsk will tell. He decides to risk it.

Thank you!

Floor Kist — we appreciate your sharing your book Can Machines Bring Peace? with us! Best of luck with sales, and with all of your future writing.

Life on Your Terms: How to Get What You Really Want

Today it is my pleasure to welcome author Tanya Russell and her self-help book, Life on Your Terms: How to Get What You Really Want.

Author’s description

What a shame it would be to come to the end of your life and look back and say, “That was it?”

Life on Your Terms is a practical blueprint for how to feel fulfilled while creating the life you imagine. No matter what situation you find yourself in today, there is a bright future waiting for you. Applying the skills and practices in this book will launch you to that place and beyond, faster than you ever imagined possible.

In this practical guidebook, the author compresses decades of lessons learned from her wins and failures as a businesswoman and single mother into actionable steps to achieve the life you truly desire. Once bankrupt but now financially free, her courage, faith and strong desire for something more for herself and her children have driven her to seek out ways to create exactly that.

Don’t live the same day every day and call it a life. Apply these foundational principles and rewrite your future today.

About the Author

Tanya Russell is a successful multi-business owner and life coach. Her passions are her family, continued personal growth, and empowering others to live their very best lives. Tanya enjoys fast cars, motorcycles and travelling. She is currently enjoying the Okanagan lifestyle in Kelowna, BC, Canada.

Find the Author

WEBSITE: lifemyway.ca
FACEBOOK: @lifeandloveonyourterms
INSTAGRAM: @tanyarussell_author_coach
GOODREADS: Tanya Russell

Buy the Book

AMAZON.COM https://amazon.com/dp/022885069X
AMAZON.CA https://amazon.ca/dp/022885069X
BOOKSHOP https://bookshop.org/books/life-on-your-terms-how-to-get-what-you-really-want-9780228850700/9780228850694
BARNES & NOBLE https://www.barnesandnoble.com/w/life-on-your-terms-tanya-russell/1139625062
BOOK DEPOSITORY https://www.bookdepository.com/Life-on-Your-Terms-Tanya-Russell/9780228850694
KOBO https://www.kobo.com/ca/en/ebook/life-on-your-terms-1
SMASHWORDS https://www.smashwords.com/books/view/1087256
APPLE BOOKS https://books.apple.com/us/book/life-on-your-terms-how-to-get-what-you-really-want/id1570530448

Yes, there is a giveaway

The author will be awarding a $15 Amazon/BN gift card to a randomly drawn winner via rafflecopter during the tour.

Enter here to win.

This post is part of a tour sponsored by Goddess Fish. Check out all the other tour stops. If you drop by each of these and comment, you will greatly increase your chances of winning.

An Exclusive Excerpt

Think BIG

As we come to the action section of this chapter, I want you to think big. You have to set goals that are almost out of reach.

If you set a goal that is attainable without much work or thought, you are stuck with something below your true talent and potential. —Steve Garvey

So often we limit what we believe is possible for ourselves. It doesn’t cost us anything to have big goals, but what might the long-term cost be to not dreaming big enough? Michelangelo once said, “The greater danger for most of us is not that our aim is too high and we miss it, but that it is too low, and we reach it.”

Obituary Test

When goal setting, I often start with my long-term goals and then work backwards. One fun way to do this is to think about your funeral. On the day that they’re putting me in the ground, what’s going to be said about me? What would I want to be said about me? Will my children stand up there and say, “Wow, friends, don’t be sad. My mom lived an amazing, full life. She helped so many people. She made a positive impact everywhere she went. She traveled to all these incredible places. She lived in the home of her dreams. She left us a legacy. She lived life to the fullest.”

What do you want to be said about you? When you are on your deathbed, don’t have regrets. Really think about this and include all the things that are super important for you to achieve in your time here on Earth.

Thank you!

Tanya Russell — we appreciate your sharing your book Life on Your Terms: How to Get What You Really Want with us! Best of luck with sales, and with all of your future writing.