Remove 2019 Remove Deal Flow Remove Taxes
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SuperAngel.Fund x Q4 2023 Recap ?

SuperAngel.Fund

If I am doing my job right the first time in “picking winners”, at least for a few subsequent rounds, our best deal flow should come from our existing portfolio. since 2019. There were approximately 15k total deals completed representing $170 billion invested (see chart 1 below).

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How I got here

SuperAngel.Fund

Overseeing all the paperwork, legal, tax, and accounting docs required to make each investment and manage each SPV on an ongoing basis was time-consuming and onerous. For each one, I had to file tax returns, issue K1s, track expenses, pay annual franchise tax and registered agent fees, and communicate investor updates to the group.

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Markel Group (MKL) Q2 2023 Earnings Call Transcript

The Motley Fool

The tax-efficient net unrealized gain on our equity portfolio now stands at $5.4 Our effective tax rate for the first half of 2023 was 21%, compared to 22% in the same period last year. billion for the year, up 7% from last year, while generating pre-tax operating income, $325 million. billion, compared to $4.2 casualty book.

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Real talk on fundraising for a small fund

This is going to be BIG.

I kicked off the idea to my current LPs that there would be another fund in February of 2019. She wound up pulling through—but yeah, after my wedding, things in 2019 kind of sucked. That’s not to mention that they’re doing it with dollars that are incentivized to come their way because of favorable tax treatment and loopholes.

Funds 136
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Grocery Outlet (GO) Q4 2023 Earnings Call Transcript

The Motley Fool

We continue to experience healthy deal flow, which helped offset the margin impact of our system integration, which we estimate was approximately 130 basis points in the quarter. Our effective GAAP tax rate during the quarter was 19.3%. Gross profit increased 6.3% million, representing a 30.2% Turning to expenses.

Banks 130
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Grocery Outlet (GO) Q2 2024 Earnings Call Transcript

The Motley Fool

Our effective GAAP tax rate during the quarter was 31.9%. We are now forecasting a normalized tax rate of about 32% due to higher non-deductible share-based compensation expense. They're now back close to where they were in 2019. This includes a $3.8 Net interest expense increased 16.6% Adjusted EBITDA was $67.9

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BlackRock (BLK) Q3 2024 Earnings Call Transcript

The Motley Fool

increased 5%, reflecting a higher tax rate compared to a year ago. Our as-adjusted tax rate for the third quarter was 26%. The prior-year quarter included $215 million of discrete tax benefits, while the third quarter of 2024 was impacted by $22 million of discrete expense. Earnings per share of $11.46

Assets 130