SlideShare une entreprise Scribd logo
1  sur  19
Télécharger pour lire hors ligne
HUMAN STOCK EXCHANGE
©PelhamMediaLtd.LaetitiaPuyfaucher’stalkatTedxAix.May92014.
SOURCE: MFS INVESTING SENTIMENT SURVEY
« I think they make investment products
overly complex to confuse the average investors. »
AGE 35- AGE 68+
40 %
45 %
©PelhamMediaLtd.LaetitiaPuyfaucher’stalkatTedxAix.May92014.
SOURCE: MFS INVESTING SENTIMENT SURVEY
« I will never feel comfortable investing
in the stock market. »
Nov. 13
AGE 35- AGE 68+
23 %
46 %
©PelhamMediaLtd.LaetitiaPuyfaucher’stalkatTedxAix.May92014.
-35 35-44 45-54 55-64 65-74 75+
20,2 %
19,1 %
21,3 %
18,6 %
17 %
13,7 %
Direct holding by age group
in the US
SOURCE: US BUREAU, STATISTICAL ABSTRACT. FACTA MEDIA.
©PelhamMediaLtd.LaetitiaPuyfaucher’stalkatTedxAix.May92014.
SOURCE: US BUREAU, STATISTICAL ABSTRACT. FACTA MEDIA.
Evolution of direct or indirect holding
by age group in the US
1989 1992 1995 1998 2001 2004 2007
60%
50%
40%
30%
55%
45%
35%
25%
ALL AGES
<35
“Within a firm, these market
transactions are eliminated and in place
of the complicated market structure with
exchange transactions is substituted
the entrepreneur-co-ordinator,
who directs production.”
Ronald Coase
1910-2013. The Nature of the firm (1937).
©AP
Relative valuation of Instagram
In April 2012,
Instagram was sold to Facebook
for $1 billion.
Instagram In April 2012, Kodak
had a market cap
of $77 million.
Kodak
#employees: 13
# of years: 1,5
#employees: 17 000
# of years: 131
©PelhamMediaLtd.LaetitiaPuyfaucher’stalkatTedxAix.May92014.
billioninvested(in$)
2009 2010 2011 2012 2013
5,1
2,7
1,5
0,85
0,53
The crowdfunding
SOURCE: MASSOLUTION
BOOM
©PelhamMediaLtd.LaetitiaPuyfaucher’stalkatTedxAix.May92014.
©Dargaud.HumanStockExchange
1997 1998 1999 2000 2001 2002 2003 2005 2007 20092004 2006 2008 2010 2011 2012 2013 2014
> DAVID BOWIE
$55 million • life: 10 years
Credit rating AAA by Moody’s
> HOLLAND-DOZIER-HOLLAND
$30 million • Issue date: 1998
life: 15 years
> JAMES BROWN
$26 million • Issue date: 1999
Credit rating: single "A"
lawsuit when he died
> IRON MAIDEN
$30 million • Issue date: 1999
life: 10 years
> ROD STEWART
$15.4 million • Issue date: 1998

life: 10 years
> ANNIE LEIBOVITZ
$24 million • Issue date: 2008
Lawsuit in 2009
> VERNON DAVIS
421,000 shares • $10 each
Issue date: April 28 2014 • 10% cut of Davis'
future earnings
> DYLAN AND NEIL DIAMOND
2011: cancelled
©GettyImages@Fantex
“The purchase of such ‘stock’
would be profitable as long as
the expected return on investment
in training exceeded the market
rate of interest.”
Milton Friedman & Simon Kuznets
1954	
  -­‐	
  Income	
  from	
  Independent	
  Professional	
  Prac7ce
©PelhamMediaLtd.LaetitiaPuyfaucher’stalkatTedxAix.May92014.
Nicholas Felton
infographic designer, co-founder of Daytum.com and
publishing its own annual reports since 2005
©StaticPhotography
Back the
next generation.
SOURCE: PAVE.COM
7tips to succeed your self IPO
©PelhamMediaLtd.LaetitiaPuyfaucher’stalkatTedxAix.May92014.
©J.ScottApplewhite/AP
©PelhamMediaLtd.LaetitiaPuyfaucher’stalkatTedxAix.May92014.
©PeteSouzaWhiteHouse
©SpencerTunick,Munich6.2(BayerischeStaatsoper),2012

Contenu connexe

Similaire à The Human Stock Exchange: a TedxAix talk

Emerging Trends In Real Estate - 2015 [Canadian Edition]
Emerging Trends In Real Estate - 2015 [Canadian Edition]Emerging Trends In Real Estate - 2015 [Canadian Edition]
Emerging Trends In Real Estate - 2015 [Canadian Edition]globacorp
 
Emerging Trends in Real Estate - Canada and United States 2015
Emerging Trends in Real Estate - Canada and United States 2015Emerging Trends in Real Estate - Canada and United States 2015
Emerging Trends in Real Estate - Canada and United States 2015Darren Shaw, SIOR
 
Actively managed VS. Passively-Managed Investing: The Debate
Actively managed VS. Passively-Managed Investing: The DebateActively managed VS. Passively-Managed Investing: The Debate
Actively managed VS. Passively-Managed Investing: The DebateWelch LLP
 
Why do people make irrational investment decisions? How to make sure you don't.
Why do people make irrational investment decisions? How to make sure you don't.Why do people make irrational investment decisions? How to make sure you don't.
Why do people make irrational investment decisions? How to make sure you don't.netwealthInvest
 
pwc-emerging-trends-in-real-estate-2015
pwc-emerging-trends-in-real-estate-2015pwc-emerging-trends-in-real-estate-2015
pwc-emerging-trends-in-real-estate-2015Derrick A. Logan
 
Insights and perspectives 2016 e
Insights and perspectives 2016 eInsights and perspectives 2016 e
Insights and perspectives 2016 eManocher Jamal
 
40 Years is a long time for a rabbit not to appear by Steven Nathan
40 Years is a long time for a rabbit not to appear by Steven Nathan40 Years is a long time for a rabbit not to appear by Steven Nathan
40 Years is a long time for a rabbit not to appear by Steven Nathan10X Investments
 
pwc-emerging-trends-in-real-estate-2022.pdf
pwc-emerging-trends-in-real-estate-2022.pdfpwc-emerging-trends-in-real-estate-2022.pdf
pwc-emerging-trends-in-real-estate-2022.pdfMuninder1
 
September 13 Quarterly: Gotta' know when to hold 'em, when to fold 'em
September 13 Quarterly: Gotta' know when to hold 'em, when to fold 'emSeptember 13 Quarterly: Gotta' know when to hold 'em, when to fold 'em
September 13 Quarterly: Gotta' know when to hold 'em, when to fold 'emMark_Krygier
 
2018 LAS seminar - FIA and RFIA product trends
2018 LAS seminar - FIA and RFIA product trends2018 LAS seminar - FIA and RFIA product trends
2018 LAS seminar - FIA and RFIA product trendsNicholas Carbo, FSA, MAAA
 
Julex Dynamic Alpha Strategies
Julex Dynamic Alpha StrategiesJulex Dynamic Alpha Strategies
Julex Dynamic Alpha StrategiesHenry Ma
 
Navigating Current Market Turmoil
Navigating Current Market TurmoilNavigating Current Market Turmoil
Navigating Current Market Turmoilubsdinger
 
[PREMONEY 2014] Scale Venture Partners >> Kate Mitchell, "The Fundraising Tre...
[PREMONEY 2014] Scale Venture Partners >> Kate Mitchell, "The Fundraising Tre...[PREMONEY 2014] Scale Venture Partners >> Kate Mitchell, "The Fundraising Tre...
[PREMONEY 2014] Scale Venture Partners >> Kate Mitchell, "The Fundraising Tre...500 Startups
 
11 eaton vance volatility - the black widow returns
11 eaton vance volatility - the black widow returns11 eaton vance volatility - the black widow returns
11 eaton vance volatility - the black widow returns123jumpad
 

Similaire à The Human Stock Exchange: a TedxAix talk (20)

Emerging Trends In Real Estate - 2015 [Canadian Edition]
Emerging Trends In Real Estate - 2015 [Canadian Edition]Emerging Trends In Real Estate - 2015 [Canadian Edition]
Emerging Trends In Real Estate - 2015 [Canadian Edition]
 
Emerging Trends in Real Estate - Canada and United States 2015
Emerging Trends in Real Estate - Canada and United States 2015Emerging Trends in Real Estate - Canada and United States 2015
Emerging Trends in Real Estate - Canada and United States 2015
 
Are bonds in a bubble?
Are bonds in a bubble?Are bonds in a bubble?
Are bonds in a bubble?
 
Actively managed VS. Passively-Managed Investing: The Debate
Actively managed VS. Passively-Managed Investing: The DebateActively managed VS. Passively-Managed Investing: The Debate
Actively managed VS. Passively-Managed Investing: The Debate
 
Why do people make irrational investment decisions? How to make sure you don't.
Why do people make irrational investment decisions? How to make sure you don't.Why do people make irrational investment decisions? How to make sure you don't.
Why do people make irrational investment decisions? How to make sure you don't.
 
Sample Seminar slides
Sample Seminar slidesSample Seminar slides
Sample Seminar slides
 
pwc-emerging-trends-in-real-estate-2015
pwc-emerging-trends-in-real-estate-2015pwc-emerging-trends-in-real-estate-2015
pwc-emerging-trends-in-real-estate-2015
 
Insights and perspectives 2016 e
Insights and perspectives 2016 eInsights and perspectives 2016 e
Insights and perspectives 2016 e
 
40 Years is a long time for a rabbit not to appear by Steven Nathan
40 Years is a long time for a rabbit not to appear by Steven Nathan40 Years is a long time for a rabbit not to appear by Steven Nathan
40 Years is a long time for a rabbit not to appear by Steven Nathan
 
Ten Ways to Wealth
Ten Ways to WealthTen Ways to Wealth
Ten Ways to Wealth
 
Ten Ways to Wealth
Ten Ways to WealthTen Ways to Wealth
Ten Ways to Wealth
 
Financing innovation 2013
Financing innovation 2013 Financing innovation 2013
Financing innovation 2013
 
pwc-emerging-trends-in-real-estate-2022.pdf
pwc-emerging-trends-in-real-estate-2022.pdfpwc-emerging-trends-in-real-estate-2022.pdf
pwc-emerging-trends-in-real-estate-2022.pdf
 
September 13 Quarterly: Gotta' know when to hold 'em, when to fold 'em
September 13 Quarterly: Gotta' know when to hold 'em, when to fold 'emSeptember 13 Quarterly: Gotta' know when to hold 'em, when to fold 'em
September 13 Quarterly: Gotta' know when to hold 'em, when to fold 'em
 
2018 LAS seminar - FIA and RFIA product trends
2018 LAS seminar - FIA and RFIA product trends2018 LAS seminar - FIA and RFIA product trends
2018 LAS seminar - FIA and RFIA product trends
 
Julex Dynamic Alpha Strategies
Julex Dynamic Alpha StrategiesJulex Dynamic Alpha Strategies
Julex Dynamic Alpha Strategies
 
Navigating Current Market Turmoil
Navigating Current Market TurmoilNavigating Current Market Turmoil
Navigating Current Market Turmoil
 
[PREMONEY 2014] Scale Venture Partners >> Kate Mitchell, "The Fundraising Tre...
[PREMONEY 2014] Scale Venture Partners >> Kate Mitchell, "The Fundraising Tre...[PREMONEY 2014] Scale Venture Partners >> Kate Mitchell, "The Fundraising Tre...
[PREMONEY 2014] Scale Venture Partners >> Kate Mitchell, "The Fundraising Tre...
 
Investor discipline
Investor disciplineInvestor discipline
Investor discipline
 
11 eaton vance volatility - the black widow returns
11 eaton vance volatility - the black widow returns11 eaton vance volatility - the black widow returns
11 eaton vance volatility - the black widow returns
 

Dernier

SaaStr Workshop Wednesday w/ Kyle Norton, Owner.com
SaaStr Workshop Wednesday w/ Kyle Norton, Owner.comSaaStr Workshop Wednesday w/ Kyle Norton, Owner.com
SaaStr Workshop Wednesday w/ Kyle Norton, Owner.comsaastr
 
SBFT Tool Competition 2024 -- Python Test Case Generation Track
SBFT Tool Competition 2024 -- Python Test Case Generation TrackSBFT Tool Competition 2024 -- Python Test Case Generation Track
SBFT Tool Competition 2024 -- Python Test Case Generation TrackSebastiano Panichella
 
call girls in delhi malviya nagar @9811711561@
call girls in delhi malviya nagar @9811711561@call girls in delhi malviya nagar @9811711561@
call girls in delhi malviya nagar @9811711561@vikas rana
 
Dutch Power - 26 maart 2024 - Henk Kras - Circular Plastics
Dutch Power - 26 maart 2024 - Henk Kras - Circular PlasticsDutch Power - 26 maart 2024 - Henk Kras - Circular Plastics
Dutch Power - 26 maart 2024 - Henk Kras - Circular PlasticsDutch Power
 
Anne Frank A Beacon of Hope amidst darkness ppt.pptx
Anne Frank A Beacon of Hope amidst darkness ppt.pptxAnne Frank A Beacon of Hope amidst darkness ppt.pptx
Anne Frank A Beacon of Hope amidst darkness ppt.pptxnoorehahmad
 
Event 4 Introduction to Open Source.pptx
Event 4 Introduction to Open Source.pptxEvent 4 Introduction to Open Source.pptx
Event 4 Introduction to Open Source.pptxaryanv1753
 
Mathan flower ppt.pptx slide orchids ✨🌸
Mathan flower ppt.pptx slide orchids ✨🌸Mathan flower ppt.pptx slide orchids ✨🌸
Mathan flower ppt.pptx slide orchids ✨🌸mathanramanathan2005
 
Simulation-based Testing of Unmanned Aerial Vehicles with Aerialist
Simulation-based Testing of Unmanned Aerial Vehicles with AerialistSimulation-based Testing of Unmanned Aerial Vehicles with Aerialist
Simulation-based Testing of Unmanned Aerial Vehicles with AerialistSebastiano Panichella
 
The Ten Facts About People With Autism Presentation
The Ten Facts About People With Autism PresentationThe Ten Facts About People With Autism Presentation
The Ten Facts About People With Autism PresentationNathan Young
 
PHYSICS PROJECT BY MSC - NANOTECHNOLOGY
PHYSICS PROJECT BY MSC  - NANOTECHNOLOGYPHYSICS PROJECT BY MSC  - NANOTECHNOLOGY
PHYSICS PROJECT BY MSC - NANOTECHNOLOGYpruthirajnayak525
 
Work Remotely with Confluence ACE 2.pptx
Work Remotely with Confluence ACE 2.pptxWork Remotely with Confluence ACE 2.pptx
Work Remotely with Confluence ACE 2.pptxmavinoikein
 
THE COUNTRY WHO SOLVED THE WORLD_HOW CHINA LAUNCHED THE CIVILIZATION REVOLUTI...
THE COUNTRY WHO SOLVED THE WORLD_HOW CHINA LAUNCHED THE CIVILIZATION REVOLUTI...THE COUNTRY WHO SOLVED THE WORLD_HOW CHINA LAUNCHED THE CIVILIZATION REVOLUTI...
THE COUNTRY WHO SOLVED THE WORLD_HOW CHINA LAUNCHED THE CIVILIZATION REVOLUTI...漢銘 謝
 
Call Girls in Rohini Delhi 💯Call Us 🔝8264348440🔝
Call Girls in Rohini Delhi 💯Call Us 🔝8264348440🔝Call Girls in Rohini Delhi 💯Call Us 🔝8264348440🔝
Call Girls in Rohini Delhi 💯Call Us 🔝8264348440🔝soniya singh
 
Genshin Impact PPT Template by EaTemp.pptx
Genshin Impact PPT Template by EaTemp.pptxGenshin Impact PPT Template by EaTemp.pptx
Genshin Impact PPT Template by EaTemp.pptxJohnree4
 
Call Girls In Aerocity 🤳 Call Us +919599264170
Call Girls In Aerocity 🤳 Call Us +919599264170Call Girls In Aerocity 🤳 Call Us +919599264170
Call Girls In Aerocity 🤳 Call Us +919599264170Escort Service
 
James Joyce, Dubliners and Ulysses.ppt !
James Joyce, Dubliners and Ulysses.ppt !James Joyce, Dubliners and Ulysses.ppt !
James Joyce, Dubliners and Ulysses.ppt !risocarla2016
 
Presentation for the Strategic Dialogue on the Future of Agriculture, Brussel...
Presentation for the Strategic Dialogue on the Future of Agriculture, Brussel...Presentation for the Strategic Dialogue on the Future of Agriculture, Brussel...
Presentation for the Strategic Dialogue on the Future of Agriculture, Brussel...Krijn Poppe
 
Genesis part 2 Isaiah Scudder 04-24-2024.pptx
Genesis part 2 Isaiah Scudder 04-24-2024.pptxGenesis part 2 Isaiah Scudder 04-24-2024.pptx
Genesis part 2 Isaiah Scudder 04-24-2024.pptxFamilyWorshipCenterD
 
PAG-UNLAD NG EKONOMIYA na dapat isaalang alang sa pag-aaral.
PAG-UNLAD NG EKONOMIYA na dapat isaalang alang sa pag-aaral.PAG-UNLAD NG EKONOMIYA na dapat isaalang alang sa pag-aaral.
PAG-UNLAD NG EKONOMIYA na dapat isaalang alang sa pag-aaral.KathleenAnnCordero2
 
The 3rd Intl. Workshop on NL-based Software Engineering
The 3rd Intl. Workshop on NL-based Software EngineeringThe 3rd Intl. Workshop on NL-based Software Engineering
The 3rd Intl. Workshop on NL-based Software EngineeringSebastiano Panichella
 

Dernier (20)

SaaStr Workshop Wednesday w/ Kyle Norton, Owner.com
SaaStr Workshop Wednesday w/ Kyle Norton, Owner.comSaaStr Workshop Wednesday w/ Kyle Norton, Owner.com
SaaStr Workshop Wednesday w/ Kyle Norton, Owner.com
 
SBFT Tool Competition 2024 -- Python Test Case Generation Track
SBFT Tool Competition 2024 -- Python Test Case Generation TrackSBFT Tool Competition 2024 -- Python Test Case Generation Track
SBFT Tool Competition 2024 -- Python Test Case Generation Track
 
call girls in delhi malviya nagar @9811711561@
call girls in delhi malviya nagar @9811711561@call girls in delhi malviya nagar @9811711561@
call girls in delhi malviya nagar @9811711561@
 
Dutch Power - 26 maart 2024 - Henk Kras - Circular Plastics
Dutch Power - 26 maart 2024 - Henk Kras - Circular PlasticsDutch Power - 26 maart 2024 - Henk Kras - Circular Plastics
Dutch Power - 26 maart 2024 - Henk Kras - Circular Plastics
 
Anne Frank A Beacon of Hope amidst darkness ppt.pptx
Anne Frank A Beacon of Hope amidst darkness ppt.pptxAnne Frank A Beacon of Hope amidst darkness ppt.pptx
Anne Frank A Beacon of Hope amidst darkness ppt.pptx
 
Event 4 Introduction to Open Source.pptx
Event 4 Introduction to Open Source.pptxEvent 4 Introduction to Open Source.pptx
Event 4 Introduction to Open Source.pptx
 
Mathan flower ppt.pptx slide orchids ✨🌸
Mathan flower ppt.pptx slide orchids ✨🌸Mathan flower ppt.pptx slide orchids ✨🌸
Mathan flower ppt.pptx slide orchids ✨🌸
 
Simulation-based Testing of Unmanned Aerial Vehicles with Aerialist
Simulation-based Testing of Unmanned Aerial Vehicles with AerialistSimulation-based Testing of Unmanned Aerial Vehicles with Aerialist
Simulation-based Testing of Unmanned Aerial Vehicles with Aerialist
 
The Ten Facts About People With Autism Presentation
The Ten Facts About People With Autism PresentationThe Ten Facts About People With Autism Presentation
The Ten Facts About People With Autism Presentation
 
PHYSICS PROJECT BY MSC - NANOTECHNOLOGY
PHYSICS PROJECT BY MSC  - NANOTECHNOLOGYPHYSICS PROJECT BY MSC  - NANOTECHNOLOGY
PHYSICS PROJECT BY MSC - NANOTECHNOLOGY
 
Work Remotely with Confluence ACE 2.pptx
Work Remotely with Confluence ACE 2.pptxWork Remotely with Confluence ACE 2.pptx
Work Remotely with Confluence ACE 2.pptx
 
THE COUNTRY WHO SOLVED THE WORLD_HOW CHINA LAUNCHED THE CIVILIZATION REVOLUTI...
THE COUNTRY WHO SOLVED THE WORLD_HOW CHINA LAUNCHED THE CIVILIZATION REVOLUTI...THE COUNTRY WHO SOLVED THE WORLD_HOW CHINA LAUNCHED THE CIVILIZATION REVOLUTI...
THE COUNTRY WHO SOLVED THE WORLD_HOW CHINA LAUNCHED THE CIVILIZATION REVOLUTI...
 
Call Girls in Rohini Delhi 💯Call Us 🔝8264348440🔝
Call Girls in Rohini Delhi 💯Call Us 🔝8264348440🔝Call Girls in Rohini Delhi 💯Call Us 🔝8264348440🔝
Call Girls in Rohini Delhi 💯Call Us 🔝8264348440🔝
 
Genshin Impact PPT Template by EaTemp.pptx
Genshin Impact PPT Template by EaTemp.pptxGenshin Impact PPT Template by EaTemp.pptx
Genshin Impact PPT Template by EaTemp.pptx
 
Call Girls In Aerocity 🤳 Call Us +919599264170
Call Girls In Aerocity 🤳 Call Us +919599264170Call Girls In Aerocity 🤳 Call Us +919599264170
Call Girls In Aerocity 🤳 Call Us +919599264170
 
James Joyce, Dubliners and Ulysses.ppt !
James Joyce, Dubliners and Ulysses.ppt !James Joyce, Dubliners and Ulysses.ppt !
James Joyce, Dubliners and Ulysses.ppt !
 
Presentation for the Strategic Dialogue on the Future of Agriculture, Brussel...
Presentation for the Strategic Dialogue on the Future of Agriculture, Brussel...Presentation for the Strategic Dialogue on the Future of Agriculture, Brussel...
Presentation for the Strategic Dialogue on the Future of Agriculture, Brussel...
 
Genesis part 2 Isaiah Scudder 04-24-2024.pptx
Genesis part 2 Isaiah Scudder 04-24-2024.pptxGenesis part 2 Isaiah Scudder 04-24-2024.pptx
Genesis part 2 Isaiah Scudder 04-24-2024.pptx
 
PAG-UNLAD NG EKONOMIYA na dapat isaalang alang sa pag-aaral.
PAG-UNLAD NG EKONOMIYA na dapat isaalang alang sa pag-aaral.PAG-UNLAD NG EKONOMIYA na dapat isaalang alang sa pag-aaral.
PAG-UNLAD NG EKONOMIYA na dapat isaalang alang sa pag-aaral.
 
The 3rd Intl. Workshop on NL-based Software Engineering
The 3rd Intl. Workshop on NL-based Software EngineeringThe 3rd Intl. Workshop on NL-based Software Engineering
The 3rd Intl. Workshop on NL-based Software Engineering
 

The Human Stock Exchange: a TedxAix talk

  • 2. SOURCE: MFS INVESTING SENTIMENT SURVEY « I think they make investment products overly complex to confuse the average investors. » AGE 35- AGE 68+ 40 % 45 % ©PelhamMediaLtd.LaetitiaPuyfaucher’stalkatTedxAix.May92014.
  • 3. SOURCE: MFS INVESTING SENTIMENT SURVEY « I will never feel comfortable investing in the stock market. » Nov. 13 AGE 35- AGE 68+ 23 % 46 % ©PelhamMediaLtd.LaetitiaPuyfaucher’stalkatTedxAix.May92014.
  • 4. -35 35-44 45-54 55-64 65-74 75+ 20,2 % 19,1 % 21,3 % 18,6 % 17 % 13,7 % Direct holding by age group in the US SOURCE: US BUREAU, STATISTICAL ABSTRACT. FACTA MEDIA. ©PelhamMediaLtd.LaetitiaPuyfaucher’stalkatTedxAix.May92014.
  • 5. SOURCE: US BUREAU, STATISTICAL ABSTRACT. FACTA MEDIA. Evolution of direct or indirect holding by age group in the US 1989 1992 1995 1998 2001 2004 2007 60% 50% 40% 30% 55% 45% 35% 25% ALL AGES <35
  • 6. “Within a firm, these market transactions are eliminated and in place of the complicated market structure with exchange transactions is substituted the entrepreneur-co-ordinator, who directs production.” Ronald Coase 1910-2013. The Nature of the firm (1937). ©AP
  • 7. Relative valuation of Instagram In April 2012, Instagram was sold to Facebook for $1 billion. Instagram In April 2012, Kodak had a market cap of $77 million. Kodak #employees: 13 # of years: 1,5 #employees: 17 000 # of years: 131 ©PelhamMediaLtd.LaetitiaPuyfaucher’stalkatTedxAix.May92014.
  • 8. billioninvested(in$) 2009 2010 2011 2012 2013 5,1 2,7 1,5 0,85 0,53 The crowdfunding SOURCE: MASSOLUTION BOOM ©PelhamMediaLtd.LaetitiaPuyfaucher’stalkatTedxAix.May92014.
  • 10. 1997 1998 1999 2000 2001 2002 2003 2005 2007 20092004 2006 2008 2010 2011 2012 2013 2014 > DAVID BOWIE $55 million • life: 10 years Credit rating AAA by Moody’s > HOLLAND-DOZIER-HOLLAND $30 million • Issue date: 1998 life: 15 years > JAMES BROWN $26 million • Issue date: 1999 Credit rating: single "A" lawsuit when he died > IRON MAIDEN $30 million • Issue date: 1999 life: 10 years > ROD STEWART $15.4 million • Issue date: 1998
 life: 10 years > ANNIE LEIBOVITZ $24 million • Issue date: 2008 Lawsuit in 2009 > VERNON DAVIS 421,000 shares • $10 each Issue date: April 28 2014 • 10% cut of Davis' future earnings > DYLAN AND NEIL DIAMOND 2011: cancelled
  • 12. “The purchase of such ‘stock’ would be profitable as long as the expected return on investment in training exceeded the market rate of interest.” Milton Friedman & Simon Kuznets 1954  -­‐  Income  from  Independent  Professional  Prac7ce ©PelhamMediaLtd.LaetitiaPuyfaucher’stalkatTedxAix.May92014.
  • 13. Nicholas Felton infographic designer, co-founder of Daytum.com and publishing its own annual reports since 2005 ©StaticPhotography
  • 15. 7tips to succeed your self IPO ©PelhamMediaLtd.LaetitiaPuyfaucher’stalkatTedxAix.May92014.