Blog Post Categories
Below are categories of topics covered by my blog and links to specific posts. What appears below is a small subset of my posts, and so if you don't find the topic you're looking for, either use the Search bar above, or go the the page Allen's Blog and look through the Categories section for an exhaustive list of post categories.
Below are categories of topics covered by my blog and links to specific posts. What appears below is a small subset of my posts, and so if you don't find the topic you're looking for, either use the Search bar above, or go the the page Allen's Blog and look through the Categories section for an exhaustive list of post categories.
What is Private Equity?
http://www.allenlatta.com/allens-blog/lp-corner-what-is-private-equity
What is the "Private" of Private Equity?
http://www.allenlatta.com/allens-blog/lp-corner-the-private-in-private-equity
Understanding the "Equity" of Private Equity
http://www.allenlatta.com/allens-blog/lp-corner-understanding-the-equity-of-private-equity-or-an-introduction-to-common-stock-and-preferred-stock
What is Venture Capital?
http://www.allenlatta.com/allens-blog/what-is-venture-capital-heres-my-definition
What are Buyouts?
http://www.allenlatta.com/allens-blog/what-are-buyouts-heres-my-definition
Venture Capital vs Growth Equity - A Comparison
http://www.allenlatta.com/allens-blog/venture-capital-vs-growth-equity-a-comparison
Webinar - Private Equity 101: An Overview for New Investors
http://www.allenlatta.com/allens-blog/webinar-private-equity-investing-101-an-overview-for-new-investors
Private Equity Funds-of-Funds: An Overview
http://www.allenlatta.com/allens-blog/lp-corner-private-equity-funds-of-funds-an-overview
An Overview of Fund Secondaries
http://www.allenlatta.com/allens-blog/lp-corner-an-overview-of-fund-secondaries
What "Vintage Year" Really Means in Private Equity
http://www.allenlatta.com/allens-blog/what-vintage-year-really-means-in-private-equity
The J-Curve
http://www.allenlatta.com/allens-blog/lp-corner-the-j-curve
Go To Top
http://www.allenlatta.com/allens-blog/lp-corner-what-is-private-equity
What is the "Private" of Private Equity?
http://www.allenlatta.com/allens-blog/lp-corner-the-private-in-private-equity
Understanding the "Equity" of Private Equity
http://www.allenlatta.com/allens-blog/lp-corner-understanding-the-equity-of-private-equity-or-an-introduction-to-common-stock-and-preferred-stock
What is Venture Capital?
http://www.allenlatta.com/allens-blog/what-is-venture-capital-heres-my-definition
What are Buyouts?
http://www.allenlatta.com/allens-blog/what-are-buyouts-heres-my-definition
Venture Capital vs Growth Equity - A Comparison
http://www.allenlatta.com/allens-blog/venture-capital-vs-growth-equity-a-comparison
Webinar - Private Equity 101: An Overview for New Investors
http://www.allenlatta.com/allens-blog/webinar-private-equity-investing-101-an-overview-for-new-investors
Private Equity Funds-of-Funds: An Overview
http://www.allenlatta.com/allens-blog/lp-corner-private-equity-funds-of-funds-an-overview
An Overview of Fund Secondaries
http://www.allenlatta.com/allens-blog/lp-corner-an-overview-of-fund-secondaries
What "Vintage Year" Really Means in Private Equity
http://www.allenlatta.com/allens-blog/what-vintage-year-really-means-in-private-equity
The J-Curve
http://www.allenlatta.com/allens-blog/lp-corner-the-j-curve
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Fundraising Tips for Emerging Managers
http://www.allenlatta.com/allens-blog/fundraising-tips-for-emerging-managers
Emerging Manager Fund Presentations From an Investor's Perspective
http://www.allenlatta.com/allens-blog/emerging-manager-fund-presentations-from-an-investors-perspective
Compelling PE Roadshows: The Investor Perspective
http://www.allenlatta.com/allens-blog/compelling-pe-roadshows-the-investor-perspective
An LP's Advice to GPs on Annual Investor Meetings
http://www.allenlatta.com/allens-blog/an-lps-advice-to-gps-on-annual-investor-meetings
GP Commitment
http://www.allenlatta.com/allens-blog/lp-corner-thoughts-on-gp-commitment
Go To Top
http://www.allenlatta.com/allens-blog/fundraising-tips-for-emerging-managers
Emerging Manager Fund Presentations From an Investor's Perspective
http://www.allenlatta.com/allens-blog/emerging-manager-fund-presentations-from-an-investors-perspective
Compelling PE Roadshows: The Investor Perspective
http://www.allenlatta.com/allens-blog/compelling-pe-roadshows-the-investor-perspective
An LP's Advice to GPs on Annual Investor Meetings
http://www.allenlatta.com/allens-blog/an-lps-advice-to-gps-on-annual-investor-meetings
GP Commitment
http://www.allenlatta.com/allens-blog/lp-corner-thoughts-on-gp-commitment
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Management Fee
http://www.allenlatta.com/allens-blog/lp-corner-fund-terms-management-fee
Management Fee Offsets
http://www.allenlatta.com/allens-blog/lp-corner-fund-terms-management-fee-offsets
Carried Interest Overview
http://www.allenlatta.com/allens-blog/lp-corner-fund-terms-carried-interest
Carried Interest - Preferred Return and GP Catchup
http://www.allenlatta.com/allens-blog/lp-corner-fund-terms-carried-interest-preferred-return-and-gp-catchup
Should Venture Capital Funds have a Preferred Return Hurdle?
http://www.allenlatta.com/allens-blog/lp-corner-should-venture-capital-funds-have-a-preferred-return-hurdle
Carried Interest - GP Clawback
http://www.allenlatta.com/allens-blog/lp-corner-fund-terms-gp-clawback
GP Commitment
http://www.allenlatta.com/allens-blog/lp-corner-thoughts-on-gp-commitment
Key Person Clauses
http://www.allenlatta.com/allens-blog/lp-corner-fund-terms-key-person-clause
For Cause Actions
http://www.allenlatta.com/allens-blog/lp-corner-fund-terms-for-cause-actions
No Fault Divorce
http://www.allenlatta.com/allens-blog/lp-corner-fund-terms-no-fault-divorce
Go To Top
http://www.allenlatta.com/allens-blog/lp-corner-fund-terms-management-fee
Management Fee Offsets
http://www.allenlatta.com/allens-blog/lp-corner-fund-terms-management-fee-offsets
Carried Interest Overview
http://www.allenlatta.com/allens-blog/lp-corner-fund-terms-carried-interest
Carried Interest - Preferred Return and GP Catchup
http://www.allenlatta.com/allens-blog/lp-corner-fund-terms-carried-interest-preferred-return-and-gp-catchup
Should Venture Capital Funds have a Preferred Return Hurdle?
http://www.allenlatta.com/allens-blog/lp-corner-should-venture-capital-funds-have-a-preferred-return-hurdle
Carried Interest - GP Clawback
http://www.allenlatta.com/allens-blog/lp-corner-fund-terms-gp-clawback
GP Commitment
http://www.allenlatta.com/allens-blog/lp-corner-thoughts-on-gp-commitment
Key Person Clauses
http://www.allenlatta.com/allens-blog/lp-corner-fund-terms-key-person-clause
For Cause Actions
http://www.allenlatta.com/allens-blog/lp-corner-fund-terms-for-cause-actions
No Fault Divorce
http://www.allenlatta.com/allens-blog/lp-corner-fund-terms-no-fault-divorce
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Private Equity Fund Performance - An Overview
http://www.allenlatta.com/allens-blog/lp-corner-private-equity-fund-performance-an-overview
Absolute Returns vs Comparative Returns
http://www.allenlatta.com/allens-blog/lp-corner-evaluating-private-equity-fund-performance
Multiples TVPI, DPI and RVPI
http://www.allenlatta.com/allens-blog/lp-corner-fund-performance-metrics-multiples-tvpi-dpi-and-rvpi
Internal Rate of Return (IRR) Parts 1 and 2
http://www.allenlatta.com/allens-blog/lp-corner-fund-performance-metrics-internal-rate-of-return-irr-part-one
http://www.allenlatta.com/allens-blog/lp-corner-fund-performance-metrics-internal-rate-of-return-irr-part-two
The J-Curve
http://www.allenlatta.com/allens-blog/lp-corner-the-j-curve
Gross vs Net Returns
http://www.allenlatta.com/allens-blog/lp-corner-gross-vs-net-returns
Public Market Equivalents (PME)
http://www.allenlatta.com/allens-blog/lp-corner-fund-performance-metrics-public-market-equivalent-pme
Some Thoughts on Venture Capital Returns
http://www.allenlatta.com/allens-blog/some-thoughts-on-venture-capital-returns
Go To Top
http://www.allenlatta.com/allens-blog/lp-corner-private-equity-fund-performance-an-overview
Absolute Returns vs Comparative Returns
http://www.allenlatta.com/allens-blog/lp-corner-evaluating-private-equity-fund-performance
Multiples TVPI, DPI and RVPI
http://www.allenlatta.com/allens-blog/lp-corner-fund-performance-metrics-multiples-tvpi-dpi-and-rvpi
Internal Rate of Return (IRR) Parts 1 and 2
http://www.allenlatta.com/allens-blog/lp-corner-fund-performance-metrics-internal-rate-of-return-irr-part-one
http://www.allenlatta.com/allens-blog/lp-corner-fund-performance-metrics-internal-rate-of-return-irr-part-two
The J-Curve
http://www.allenlatta.com/allens-blog/lp-corner-the-j-curve
Gross vs Net Returns
http://www.allenlatta.com/allens-blog/lp-corner-gross-vs-net-returns
Public Market Equivalents (PME)
http://www.allenlatta.com/allens-blog/lp-corner-fund-performance-metrics-public-market-equivalent-pme
Some Thoughts on Venture Capital Returns
http://www.allenlatta.com/allens-blog/some-thoughts-on-venture-capital-returns
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Some Thoughts for LPs During the COVID-19 Crisis
http://www.allenlatta.com/allens-blog/lp-corner-some-thoughts-for-lps-during-the-covid-19-crisis
The Four Phases in the Life of a Private Equity Fund
http://www.allenlatta.com/allens-blog/lp-corner-the-four-phases-in-the-life-of-a-private-equity-fund
US Private Equity Fund Structure - The Limited Partnership
http://www.allenlatta.com/allens-blog/lp-corner-us-private-equity-fund-structure-the-limited-partnership
On Committed Capital, Called Capital and Uncalled Capital
http://www.allenlatta.com/allens-blog/lp-corner-size-matters-on-committed-capital-called-capital-and-uncalled-capital
Understanding the Capital Call Model and the Impact of Cash Drag
http://www.allenlatta.com/allens-blog/lp-corner-understanding-the-capital-call-model-and-the-impact-of-cash-drag
Private Equity Fund Cash Flows from the LP Perspective
http://www.allenlatta.com/allens-blog/lp-corner-private-equity-fund-cash-flows-from-the-lp-perspective
The Denominator Effect and the Reverse Denominator Effect
http://www.allenlatta.com/allens-blog/lp-corner-the-denominator-effect-and-reverse-denominator-effect
How VCs Source Deals
http://www.allenlatta.com/allens-blog/lp-corner-how-vcs-source-deals
Thoughts on Listed Private Equity
http://www.allenlatta.com/allens-blog/thoughts-on-listed-private-equity
What LPs Need to Know about IPOs
http://www.allenlatta.com/allens-blog/lp-corner-what-lps-need-to-know-about-ipos
What an LP needs to know about Mergers & Acquisitions
http://www.allenlatta.com/allens-blog/lp-corner-what-an-lp-needs-to-know-about-mergers-and-acquisitions
Pre-Money and Post-Money Valuation
http://www.allenlatta.com/allens-blog/pre-money-and-post-money-valuation
Dilution: Ownership (Equity) Dilution
http://www.allenlatta.com/allens-blog/dilution-part-one-understanding-ownership-dilution
Dilution: Value Dilution
http://www.allenlatta.com/allens-blog/dilution-part-two-value-dilution
Rights of First Offer (aka Pre-Emptive Rights)
http://www.allenlatta.com/allens-blog/rights-of-first-offer-aka-pre-emptive-rights-an-overview
Anti-Dilution Provisions
http://www.allenlatta.com/allens-blog/anti-dilution-protection-an-overview
Venture Capital Scandals
http://www.allenlatta.com/allens-blog/venture-capital-scandals
http://www.allenlatta.com/allens-blog/fraud-by-venture-capital-fund-managers
Venture Capital Bubble
http://www.allenlatta.com/allens-blog/are-we-in-a-venture-capital-bubble-more-thoughts
http://www.allenlatta.com/allens-blog/is-venture-capital-in-a-bubble
Go To Top
http://www.allenlatta.com/allens-blog/lp-corner-some-thoughts-for-lps-during-the-covid-19-crisis
The Four Phases in the Life of a Private Equity Fund
http://www.allenlatta.com/allens-blog/lp-corner-the-four-phases-in-the-life-of-a-private-equity-fund
US Private Equity Fund Structure - The Limited Partnership
http://www.allenlatta.com/allens-blog/lp-corner-us-private-equity-fund-structure-the-limited-partnership
On Committed Capital, Called Capital and Uncalled Capital
http://www.allenlatta.com/allens-blog/lp-corner-size-matters-on-committed-capital-called-capital-and-uncalled-capital
Understanding the Capital Call Model and the Impact of Cash Drag
http://www.allenlatta.com/allens-blog/lp-corner-understanding-the-capital-call-model-and-the-impact-of-cash-drag
Private Equity Fund Cash Flows from the LP Perspective
http://www.allenlatta.com/allens-blog/lp-corner-private-equity-fund-cash-flows-from-the-lp-perspective
The Denominator Effect and the Reverse Denominator Effect
http://www.allenlatta.com/allens-blog/lp-corner-the-denominator-effect-and-reverse-denominator-effect
How VCs Source Deals
http://www.allenlatta.com/allens-blog/lp-corner-how-vcs-source-deals
Thoughts on Listed Private Equity
http://www.allenlatta.com/allens-blog/thoughts-on-listed-private-equity
What LPs Need to Know about IPOs
http://www.allenlatta.com/allens-blog/lp-corner-what-lps-need-to-know-about-ipos
What an LP needs to know about Mergers & Acquisitions
http://www.allenlatta.com/allens-blog/lp-corner-what-an-lp-needs-to-know-about-mergers-and-acquisitions
Pre-Money and Post-Money Valuation
http://www.allenlatta.com/allens-blog/pre-money-and-post-money-valuation
Dilution: Ownership (Equity) Dilution
http://www.allenlatta.com/allens-blog/dilution-part-one-understanding-ownership-dilution
Dilution: Value Dilution
http://www.allenlatta.com/allens-blog/dilution-part-two-value-dilution
Rights of First Offer (aka Pre-Emptive Rights)
http://www.allenlatta.com/allens-blog/rights-of-first-offer-aka-pre-emptive-rights-an-overview
Anti-Dilution Provisions
http://www.allenlatta.com/allens-blog/anti-dilution-protection-an-overview
Venture Capital Scandals
http://www.allenlatta.com/allens-blog/venture-capital-scandals
http://www.allenlatta.com/allens-blog/fraud-by-venture-capital-fund-managers
Venture Capital Bubble
http://www.allenlatta.com/allens-blog/are-we-in-a-venture-capital-bubble-more-thoughts
http://www.allenlatta.com/allens-blog/is-venture-capital-in-a-bubble
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Common Stock and Preferred Stock Introduction
http://www.allenlatta.com/allens-blog/lp-corner-understanding-the-equity-of-private-equity-or-an-introduction-to-common-stock-and-preferred-stock
Board Rights and Board Observer Rights
http://www.allenlatta.com/allens-blog/preferred-stock-financings-board-and-board-observer-rights
Co-Sale Rights (aka Tag-Along or Take-Me-Along Rights)
http://www.allenlatta.com/allens-blog/preferred-stock-financings-co-sale-rights
Convertible Preferred Stock: Understanding the Conversion Feature
http://www.allenlatta.com/allens-blog/convertible-preferred-stock-understanding-the-conversion-feature
Dilution and Anti-Dilution
http://www.allenlatta.com/allens-blog/dilution-part-one-understanding-ownership-dilution
http://www.allenlatta.com/allens-blog/dilution-part-two-value-dilution
http://www.allenlatta.com/allens-blog/anti-dilution-protection-an-overview
Dividends
http://www.allenlatta.com/allens-blog/preferred-stock-financings-understanding-dividends
Information Rights
http://www.allenlatta.com/allens-blog/preferred-stock-financings-information-rights
Liquidation Preferences
http://www.allenlatta.com/allens-blog/preferred-stock-financings-understanding-the-liquidation-preference
Pre-Money and Post-Money Valuation
http://www.allenlatta.com/allens-blog/pre-money-and-post-money-valuation
Protective Provisions
http://www.allenlatta.com/allens-blog/preferred-stock-financings-protective-provisions
Registration Rights (see also posts on IPOs below)
http://www.allenlatta.com/allens-blog/preferred-stock-financings-registration-rights-part-1
http://www.allenlatta.com/allens-blog/preferred-stock-financings-registration-rights-part-2
Rights of First Offer (aka Pre-Emptive Rights)
http://www.allenlatta.com/allens-blog/rights-of-first-offer-aka-pre-emptive-rights-an-overview
Rights of First Refusal (ROFRs)
http://www.allenlatta.com/allens-blog/rights-of-first-refusal-an-overview
Go To Top
http://www.allenlatta.com/allens-blog/lp-corner-understanding-the-equity-of-private-equity-or-an-introduction-to-common-stock-and-preferred-stock
Board Rights and Board Observer Rights
http://www.allenlatta.com/allens-blog/preferred-stock-financings-board-and-board-observer-rights
Co-Sale Rights (aka Tag-Along or Take-Me-Along Rights)
http://www.allenlatta.com/allens-blog/preferred-stock-financings-co-sale-rights
Convertible Preferred Stock: Understanding the Conversion Feature
http://www.allenlatta.com/allens-blog/convertible-preferred-stock-understanding-the-conversion-feature
Dilution and Anti-Dilution
http://www.allenlatta.com/allens-blog/dilution-part-one-understanding-ownership-dilution
http://www.allenlatta.com/allens-blog/dilution-part-two-value-dilution
http://www.allenlatta.com/allens-blog/anti-dilution-protection-an-overview
Dividends
http://www.allenlatta.com/allens-blog/preferred-stock-financings-understanding-dividends
Information Rights
http://www.allenlatta.com/allens-blog/preferred-stock-financings-information-rights
Liquidation Preferences
http://www.allenlatta.com/allens-blog/preferred-stock-financings-understanding-the-liquidation-preference
Pre-Money and Post-Money Valuation
http://www.allenlatta.com/allens-blog/pre-money-and-post-money-valuation
Protective Provisions
http://www.allenlatta.com/allens-blog/preferred-stock-financings-protective-provisions
Registration Rights (see also posts on IPOs below)
http://www.allenlatta.com/allens-blog/preferred-stock-financings-registration-rights-part-1
http://www.allenlatta.com/allens-blog/preferred-stock-financings-registration-rights-part-2
Rights of First Offer (aka Pre-Emptive Rights)
http://www.allenlatta.com/allens-blog/rights-of-first-offer-aka-pre-emptive-rights-an-overview
Rights of First Refusal (ROFRs)
http://www.allenlatta.com/allens-blog/rights-of-first-refusal-an-overview
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IPO 101: An Overview of the Initial Public Offering Process
http://www.allenlatta.com/allens-blog/ipo-101-an-overview-of-the-initial-public-offering-process
What LPs Need to Know about IPOs
http://www.allenlatta.com/allens-blog/lp-corner-what-lps-need-to-know-about-ipos
IPO 101: The Pros and Cons of Going Public
http://www.allenlatta.com/allens-blog/ipo-101-pros-and-cons-of-going-public
IPO 101: IPO Lockup Periods
http://www.allenlatta.com/allens-blog/ipo-101-ipo-lockup-periods
What is a successful IPO?
http://www.allenlatta.com/allens-blog/what-is-a-successful-ipo-updated
Understanding the Over-Allotment Option, or Green Shoe, in an IPO
http://www.allenlatta.com/allens-blog/understanding-the-over-allotment-option-or-green-shoe-in-an-ipo
Venture Capital Post-IPO Exit Strategies
http://www.allenlatta.com/allens-blog/venture-capital-post-ipo-exit-strategies-an-lps-thoughts
Thoughts on IPOs with Multi-Class Share Structures
http://www.allenlatta.com/allens-blog/thoughts-on-ipos-with-multi-class-share-structures
Some Thoughts on Spotify's Direct Listing
http://www.allenlatta.com/allens-blog/some-thoughts-on-spotifys-direct-listing
Facebook's IPO Deconstructed: What Happened?
http://www.allenlatta.com/allens-blog/facebooks-ipo-deconstructed-what-happened
Zynga's IPO Performance: An Analysis
http://www.allenlatta.com/allens-blog/zyngas-ipo-performance-an-analysis
Warning Signs for IPOs
http://www.allenlatta.com/allens-blog/warning-signs-for-ipos
Note that there are many more posts related to IPOs. To find them, use the search function at the top of the page or go to the Allen's Blog page and click on IPO in the Category section..
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http://www.allenlatta.com/allens-blog/ipo-101-an-overview-of-the-initial-public-offering-process
What LPs Need to Know about IPOs
http://www.allenlatta.com/allens-blog/lp-corner-what-lps-need-to-know-about-ipos
IPO 101: The Pros and Cons of Going Public
http://www.allenlatta.com/allens-blog/ipo-101-pros-and-cons-of-going-public
IPO 101: IPO Lockup Periods
http://www.allenlatta.com/allens-blog/ipo-101-ipo-lockup-periods
What is a successful IPO?
http://www.allenlatta.com/allens-blog/what-is-a-successful-ipo-updated
Understanding the Over-Allotment Option, or Green Shoe, in an IPO
http://www.allenlatta.com/allens-blog/understanding-the-over-allotment-option-or-green-shoe-in-an-ipo
Venture Capital Post-IPO Exit Strategies
http://www.allenlatta.com/allens-blog/venture-capital-post-ipo-exit-strategies-an-lps-thoughts
Thoughts on IPOs with Multi-Class Share Structures
http://www.allenlatta.com/allens-blog/thoughts-on-ipos-with-multi-class-share-structures
Some Thoughts on Spotify's Direct Listing
http://www.allenlatta.com/allens-blog/some-thoughts-on-spotifys-direct-listing
Facebook's IPO Deconstructed: What Happened?
http://www.allenlatta.com/allens-blog/facebooks-ipo-deconstructed-what-happened
Zynga's IPO Performance: An Analysis
http://www.allenlatta.com/allens-blog/zyngas-ipo-performance-an-analysis
Warning Signs for IPOs
http://www.allenlatta.com/allens-blog/warning-signs-for-ipos
Note that there are many more posts related to IPOs. To find them, use the search function at the top of the page or go to the Allen's Blog page and click on IPO in the Category section..
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What an LP needs to know about Mergers & Acquisitions
http://www.allenlatta.com/allens-blog/lp-corner-what-an-lp-needs-to-know-about-mergers-and-acquisitions
Do Mergers & Acquisitions Create or Destroy Value
http://www.allenlatta.com/allens-blog/do-mergers-acquisitions-create-or-destroy-value-ny-times-dealbook-article
Why Some Mergers Fail - The Integration Process
http://www.allenlatta.com/allens-blog/why-some-mergers-fail-the-integration-process
The Rationale Behind Facebook's Acquisition of Instagram
http://www.allenlatta.com/allens-blog/the-rationale-behind-facebooks-acquisition-of-instagram
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http://www.allenlatta.com/allens-blog/lp-corner-what-an-lp-needs-to-know-about-mergers-and-acquisitions
Do Mergers & Acquisitions Create or Destroy Value
http://www.allenlatta.com/allens-blog/do-mergers-acquisitions-create-or-destroy-value-ny-times-dealbook-article
Why Some Mergers Fail - The Integration Process
http://www.allenlatta.com/allens-blog/why-some-mergers-fail-the-integration-process
The Rationale Behind Facebook's Acquisition of Instagram
http://www.allenlatta.com/allens-blog/the-rationale-behind-facebooks-acquisition-of-instagram
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Market Capitalization v. Fully-Diluted Equity Valuation - The Facebook Example
http://www.allenlatta.com/allens-blog/market-capitalization-v-fully-diluted-equity-valuation-the-facebook-example
Unemployment, Employment and the Participation Rate
http://www.allenlatta.com/allens-blog/unemployment-employment-and-participation-rate
Unregistered Finders are Not Keepers
http://www.allenlatta.com/allens-blog/unregistered-finders-are-not-keepers
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http://www.allenlatta.com/allens-blog/market-capitalization-v-fully-diluted-equity-valuation-the-facebook-example
Unemployment, Employment and the Participation Rate
http://www.allenlatta.com/allens-blog/unemployment-employment-and-participation-rate
Unregistered Finders are Not Keepers
http://www.allenlatta.com/allens-blog/unregistered-finders-are-not-keepers
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