Discover and read the best of Twitter Threads about #SPV

Most recents (6)

Air India were nationalised by Nehru in 1953

Since it's merger with Indian Airlines in 2007-08,Air India never made profit

Accumulated losses at Rs70820Cr till Aug2021,showcase how #AirIndia was bled for decades by corrupt Congress

@narendramodi finally did what had to be done
As on Aug 31,2021,Air India had total debt of Rs 61562Cr

About 75% of the debt has been transferred to a SPV,#AIAHL,before handing over airline to Tata Group

Indian taxpayers will no longer have to pay Rs 20Cr per day,to keep loss making #AirIndia flying,thx to @narendramodi
Congress expectedly attacked the decision,as selling of family silver

What Tata is getting is not a cash cow but an airline which is bleeding &money needs to be pumped in to refurbish obsolete aircraft

No employee to be sacked for 1yr &resizing of staff only after paying VRS
Read 9 tweets
#KOAV-Pflichtenheft 2/6
1) Versorgungsstrukturen in Gesundheit und Pflege sektorenübergreifend planen und  Vergütungssysteme angleichen
2) Preiswettbewerb in der GKV durch Qualitätswettbewerb und -transparenz ablösen
3) Gesundheitsförderung zum Kernelement der Versorgung machen
#KOAV-Pflichtenheft 3/6
4) #Pflegebedürftige aus der Armutsfalle ziehen, #Eigenanteile substanziell senken und deckeln
5) Zugang zu ambulanten #Pflegeleistungen vereinfachen, pflegende Angehörige endlich besser unterstützen, Arbeit der Betreuungskräfte rechtssicher ausgestalten
Read 6 tweets
1/ A quick primer on #SPVs

First an #SPV in the VC context simply means an entity setup to provide financing to startups or to acquire secondary shares in pre-IPO companies.

SPV #structures:
-LLC (common)
-LP
-Series LLC: Alumni Ventures Group
-Series LP: Assure/AngelList/etc
2/ Traditionally, #SPVs (special purpose vehicles) were used for structured financing transactions. These entities blew up in the 2009 financial crisis.

Today, it's very common to see SPVs on a Silicon Valley startup cap table. For example, in @Uber's #IPO there were 100+ SPVs.
3/ Founders & employees are more active as operator angel investors. The broad swath of Silicon Valley CEOs invest. As a bridge between solo angel investor & full time GP, SPVs close that gap. They offer a chance for future GPs to test the waters. See @jmj @briannekimmel, et al.
Read 7 tweets
While the country was distracted by the holidays, @PowerMinNigeria, Sale Mamman, said he'd suspended the MD of #Nigerian Bulk Electricity Trading Co, #NBET. This is an example of abuse that pervades power in Nigeria. This Minister has no such powers.

energycentral.com/news/nbet-boss…
#NBET, @nbetnigeria is an #SPV wholly owned by @NigeriaGov and incorporated since 2010. Its shares are subscribed by the Ministry of Finance Inc (MOFI) & by the Bureau of Public Enterprises, BPE, which is the majority shareholder.

nbet.com.ng/about-us/who-w…
#NBET, @nbetnigeria has a Board of Directors, chaired under its instruments by the @FinMinNigeria. At incorporation in 2010, it was @NOIweala. Currently, it is @ZShamsuna. Before her, it was @HMKemiAdeosun.

thecable.ng/adeosun-board-…
Read 13 tweets
7. United States decided to label #IRGC terrorists. But who are the real terrorists? Who created, trained, armed & financed the worst terrorist groups in the world?

#Hypocrites #DoubleStandards #Liars #Warlords #USRealTerrorists
1. United States decided to label #IRGC terrorists. But who are the real terrorists? Who created, trained, armed & financed the worst terrorist groups in the world?
🤨👇🏼
threadreaderapp.com/thread/1116293…
2. United States decided to label #IRGC terrorists. But who are the real terrorists? Who created, trained, armed & financed the worst terrorist groups in the world?
🤨👇🏼
threadreaderapp.com/thread/1121015…
Read 108 tweets
1. The conventional wisdom has been that #China's strategic trade + energy interests would see it defy US secondary sanctions on #Iran. Our new @BourseBazaar report, drawing on recent China-Iran trade data, suggests that the conventional wisdom is wrong.
bourseandbazaar.com/research-1/201…
2. The years when #Iran was under multilateral sanctions were boom years for China-Iran trade. China openly flouted US sanctions by purchasing historic volumes of Iranian oil while exporting a wide range of goods, winning marketshare as European traders pulled back.
3. At the heart of this trade was Bank of Kunlun, a subsidiary of state oil giant CNPC. Kunlun was the "bad bank" designated by the Chinese government to facilitate payments for trade with Iran. The bank thrived as it carried billions of dollars of trade on its ledgers.
Read 20 tweets

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