Well, the time to start an organization related to “charity ratings” in any way: not right now. GiveWell, mentioned in an earlier post, has admitted to astroturfing charges. (Astroturfing is when you pretend that there’s a grassroots supporters of your business or cause. Basically, one of the founders asked questions under a fake name and…
Read MoreIn refining our vision for the Wolfhound Fund, we’ve come across different ideas that are relevant to our plans but don’t capture the entire idea. In this post, we’ll discuss some other approaches, but note that we will not go over what we’ve already discussed, namely Robin Hood. The NYT recently published an article on…
Read MoreCerberus Capital, a well-known private equity fund, recently won a short trial in the Delaware Chancery Court allowing it to terminate its acquisition agreement with United Rentals and pay the $100 million termination fee set forth in the contract. The WSJ article spells out the details and the background well, referencing the actual parties and…
Read MoreMichael Princi and Rick Colosimo announce the founding of The Wolfhound Fund, a nonprofit entity, whose mission is to help nonprofits and their officers and directors with increasing the returns on the social capital invested in and by the organization. This ROSC measure corresponds to the use of ROIC for for-profit entities. In general, ROSC…
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