Wow, what a year 2010 has been so far. It is quite fascinating what our turmoiled economy has created, and equally impressive are the new opportunities that have emerged. To date, this year has been filled with mass restructuring and creative thinking, as well as reflection on past experiences.
Over the past decade, I've worked primarily in the industries and fields of finance, real estate and media, all of which has been directly affected by the latest "in the news." Conventional finance methods and techniques have become virtually extinct in some cases, yet the economy has also created the opportunity for non-traditional financial structures which have resulted in higher overall yields and IRRs. The emergence of the new distressed portfolio market has become significant and deal flow has not ceased by any means. Good deal flow, well that's another story.
Media and distribution have really gone towards what I call "mobile and global." The focus of the internet is almost secondary as new emerging platforms are the mobile social networking worlds and fast growing cutting-edge brands. Market value and priorities have shifted significantly, forcing out-of-the-box strategies and the ability to reach hundreds of millions, not tens of millions.
2010, amazing indeed.
