I've thought about this, instead of investing in any single company, a fund would co-invest in a patent pool within broad classes (eg smart-grid power efficiency). so rather than punt on a winner-take all, it'll be more of a trifetta.
however a pure software play is more challenging.as harder to ensure market coverage. >I've had discussions about getting private equity and venture capital into more super options and even this is >considered too risky. So startups is a whole other level of risk :). There are mechanisms but they are not trivial, and to interest superfunds, it has to be multiple millions ... for one client, I've put together a sale-leaseback arramgement where the IP is embedded into a plant/equipment, sold to the target fund at a premium, then leased back (with with premium going back into R&D). The fund gets the rental, the startup gets monetarised royalties. both sides win. You just have to do the sums and work out whether the underlying technology trends improves faster than the rental yield On Friday, October 26, 2012 8:28:04 PM UTC+8, Tristan wrote: > > There is a simple answer to this. Lack of liquidity. > > Big funds will never put any percentage into anything without liquidity. > If somebody were to put some sort of fund together that invested in > startups and had a stock price with some liquidy itself, then super money > might head to startups. But I suspect there just aren't enough decent > startups out there to get to a point of liquidity for a fund for startups. > > I've had discussions about getting private equity and venture capital into > more super options and even this is considered too risky. So startups is a > whole other level of risk :). > > > Tristan > > -- You received this message because you are subscribed to the Silicon Beach Australia mailing list. Vist http://siliconbeachaustralia.org for more Forum rules 1) No lurkers! It is expected that you introduce yourself. 2) No jobs postings. You can use http://siliconbeachaustralia.org/jobs To post to this group, send email to silicon-beach-australia@googlegroups.com To unsubscribe from this group, send email to silicon-beach-australia+unsubscr...@googlegroups.com For more options, visit this group at http://groups.google.com/group/silicon-beach-australia?hl=en?hl=en
