YouSaid · the spoken record
Darin Soat
- lines on the record
- 51
- first
- 2022-12-08
- most recent
- 2022-12-08
- sittings or episodes
- 1
- sources
- podcast
Every line below is reproduced as it was said and linked to the record it came from. Nothing here is summarised or generated. Directory · Search · Corrections
“Yeah. And, you know, what I was doing previously kind of segues into what I'm doing now. Investment banking is a pretty broad term. The way that I like to describe it or at least compare it is like to a blood bank, right? In the same way that a blood bank matches a donor to a recipient, an investment bank matches an investor to an investment. That could take many forms. It could take the form of debt capital markets where you're essentially advising companies on how to structure their debt capital. It could take the form of equity capital raising or it could take the form of mergers and acquisitions, which in a way is a form of equity capital raising and debt equity combined. Or it could take the form of mergers and acquisitions, which is kind of both, right? So in a way that you're raising equity, but in the kind of arena I played in, a lot of these deals happened using leverage, which is a fancy term for debt. Basically, what I was doing was I was advising companies that were seeking a sort of exit.”
2022-12-08 · We Study Billionaires · TIP502: How to Run Your Own Private Equity Portfolio w/ Darin Soat · IDENTIFIED FROM THE TRANSCRIPT