Podcasts about tranches

Ecoutez L'oeil de Philippe Caverivière du 09 juin 2026.Hébergé par Audiomeans. Visitez audiomeans.fr/politique-de-confidentialite pour plus d'informations.

Ecoutez L'oeil de Philippe Caverivière du 09 juin 2026.Hébergé par Audiomeans. Visitez audiomeans.fr/politique-de-confidentialite pour plus d'informations.

Ecoutez L'oeil de Philippe Caverivière du 09 juin 2026.Hébergé par Audiomeans. Visitez audiomeans.fr/politique-de-confidentialite pour plus d'informations.

Josh Rutledge is an established UFO/UAP researcher, investigator, and commentator who has earned a reputation for exploring some of the most intriguing mysteries surrounding the phenomenon. Known for his interest in the bizarre and unexplained, Josh investigates reports involving UFO encounters, cryptid activity, paranormal experiences, and other high-strangeness events that challenge conventional understanding. His research often focuses on uncovering overlooked details and connecting patterns that may help shed light on the unknown.A frequent participant in discussions surrounding UFO disclosure, Josh regularly joins fellow researchers, authors, and investigators to examine government transparency, intelligence community involvement, whistleblower testimony, and the growing public interest in UAPs. His thoughtful approach and willingness to ask difficult questions have made him a respected voice within the UFO community, as he continues to explore the potential implications of non-human intelligence and humanity's place in a much larger universe.Spaced Out Radio is your nightly source for alternative information, starting at 9pm Pacific, 12am Eastern.  We broadcast LIVE every night. #UFO #UAP #AlienDisclosure #UFOSightings #UFOCoverUp #Aliens #SpacedOutRadio #Paranormal #UFOCommunity #disclosure -------------------------------------------------------You can now join the Space Traveler's Club;Join us at  https://www.patreon.com/sor_space_travelers_club  --------------------------------------------------------Grab Our Latest Spaced Out Radio Gear At:http://spacedoutradio.com/shop  It's a great way to support our show!--------------------------------------------------------OUR LINKS:TWITTER: https://www.twitter.com/spacedoutradio   FACEBOOK:https://www.facebook.com/spacedoutradioshow  SPACED OUT RADIO - INSTAGRAM:https://www.instagram.com/spacedoutradioshow  DAVE SCOTT - INSTAGRAM:https://www.instagram.com/davescottsor   TWITCH: https://www.twitch.com/spacedoutradioshow  WEBSITE: http://www.spacedoutradio.comGUEST IDEAS OR QUESTIONS FOR SOR?Contact Klaus at bookings@spacedoutradio.comBecome a supporter of this podcast: https://www.spreaker.com/podcast/spaced-out-radio--1657874/support.

Bienvenue dans cette nouvelle capsule de En Toute Transparence, celle où les étudiants prennent la main sur l'interview de l'invité.Pourquoi avoir choisi les légumineuses entières plutôt que les meat analog déjà lancés par les concurrents ?Comment développer une filière française grâce à l'aide des agriculteurs ?Comment assumer une innovation “sans viande” tout en restant fidèle à l'ADN charcutier de l'entreprise ?Dans cet extrait, Peggy Kerjean, directrice de la transformation et de la RSE chez Fleury Michon, répond aux questions des étudiants à propos des tranches végé, portées par Amandine et Bérénice avec qui j'ai le bonheur de travailler au sein de Transformation Positive.On y découvre les coulisses d'une innovation qui dépasse largement la recette : usages, filière, culture du risque, exigence gustative, …Un dialogue franc, vivant, qui montre comment la nouvelle génération interroge les choix stratégiques de l'entreprise, à la fois en tant que futurs clients et potentiels futurs collaborateurs.Chers dirigeants, ils attendent beaucoup de vous et c'est une bonne nouvelle ! Hébergé par Acast. Visitez acast.com/privacy pour plus d'informations.

durée : 00:23:59 - Les saveurs du Pays Basque Vous aimez ce podcast ? Pour écouter tous les autres épisodes sans limite, rendez-vous sur Radio France.

Are consumers actually holding up—or are cracks starting to form beneath the surface?In this episode of In the Tranches of Structured Finance, Vadim Verkhoglyad returns to break down what the latest data is really saying across consumer credit markets—and where the narrative doesn't match reality.We cover: Why consumer unsecured continues to outperform, with record-high cure rates and strong returns—even as newer vintages show signs of stress  How originations just hit new highs, but with a very different (and higher-quality) borrower profile than previous peaks  The growing divide in Non-QM mortgages, where performance continues to deteriorate and risk is becoming more concentrated  A new regional lens on mortgage credit, highlighting why the Northeast is improving while the Southeast and Texas lag  And why subprime auto is flashing warning signs, with rising delinquencies, record-low cure rates, and loss severity becoming the real story The takeaway: not all credit markets are moving together—and understanding where they're diverging is critical for investors right now.Subscribe to our free research to stay up-to-date on the latest trends. Contact sales@dv01.co to learn how dv01 data can help you understand what's going on in the market, and to better analyze your whole loan portfolio and securitizations. 

Avec : Emmanuelle Dancourt, journaliste indépendante. Daniel Riolo, journaliste RMC. Et Juliette Briens, journaliste à L'Incorrect. - Accompagnée de Charles Magnien et sa bande, Estelle Denis s'invite à la table des français pour traiter des sujets qui font leur quotidien. Société, conso, actualité, débats, coup de gueule, coups de cœurs… En simultané sur RMC Story.

Noah Funderburk, Portfolio Manager and Director of Securitized Credit at Pioneer Investments, joins the InsuranceAUM.com Podcast for a deep dive into the mechanics that matter most in structured credit.   In this episode, he explores why risk and discomfort are often the source of return, how credit risk and interest rate convexity can compound drawdowns, and why sponsor incentives should never be overlooked. The conversation moves beyond headline yield to focus on tranche-level analysis, correlation risk, asset obsolescence, and securitization structures that delever over time.   For insurance investors allocating to ABS, RMBS, CMBS, and multi-sector portfolios, this discussion offers a practical framework for evaluating complexity, pricing uncertainty, and managing downside risk in an evolving market environment.

On arrête la mièvrerie et on rentre dans le vif du sujet : du sang, de l'action, de la violence ! La Bande Dessinée est sans aucun doute toute aussi dangereuse que le jeu vidéo ! Bonne écoute ! Télécharger l'émission (61 Mo) – Regarder sur YoutubeS'abonner au One Eye Club – S'abonner à toutes nos émissionsChroniques[04:54] Leave them Alone Roger Seiter Chris Regnault[13:34] Helen de Wyndhorn Tom King Bilquis Evely Matheus Lopes[21:26] Frankenstein – Au Nom du Père Marco Cannavò, d'après Mary Shelley Corrado Roi[40:23] Les Foudroyants n°1-2 Mathieu Burniat KerascoëtUn Œil sur …[47:24] Avatar : De Feu et de Cendres James CameronLégende : Scénario – Dessin – Couleur – Coup de cœur – Service de PresseGénérique et jingles : Spanish Samba (Oursvince) / Dialup (Jlew) / backstraight (Heigh-hoo)

On arrête la mièvrerie et on rentre dans le vif du sujet : du sang, de l'action, de la violence ! La Bande Dessinée est sans aucun doute toute aussi dangereuse que le jeu vidéo ! Bonne écoute ! Télécharger l'émission (61 Mo) – Regarder sur YoutubeS'abonner au One Eye Club – S'abonner à toutes nos émissionsChroniques[04:54] Leave them Alone Roger Seiter Chris Regnault[13:34] Helen de Wyndhorn Tom King Bilquis Evely Matheus Lopes[21:26] Frankenstein – Au Nom du Père Marco Cannavò, d'après Mary Shelley Corrado Roi[40:23] Les Foudroyants n°1-2 Mathieu Burniat KerascoëtUn Œil sur …[47:24] Avatar : De Feu et de Cendres James CameronLégende : Scénario – Dessin – Couleur – Coup de cœur – Service de PresseGénérique et jingles : Spanish Samba (Oursvince) / Dialup (Jlew) / backstraight (Heigh-hoo)

In this episode of In the Tranches of Structured Finance, Vadim addresses follow-up questions from dv01's recent consumer credit webinar and provides an updated view on consumer credit performance across key markets—focusing on what the data is actually signaling for investors.Key themes include:Late-2024 consumer unsecured vintages: Why early performance comparisons—especially across credit tiers—require nuance and patiencePrepayments and returns: How elevated prepayments are distorting delinquencies and ROI, and why IRR remains the more reliable lensData quality and interpretation: Limitations of bureau-based reporting and the importance of loan-level analysisPrivate credit: Why its growing role does not make markets more opaqueMarket performance update: Consumer unsecured strength versus continued pressure in Non-QM, with losses remaining containedThis episode is designed for market participants looking to move beyond headlines and better understand the forces shaping consumer credit performance today.Subscribe to our free research to stay up-to-date on the latest trends. Contact sales@dv01.co to learn how dv01 data can help you understand what's going on in the market, and to better analyze your whole loan portfolio and securitizations.

Aujourd'hui dans la gang ➜ Cette femme est catégorique ramassez vos mottes brunes! On revient sur les nouveaux règlements des buttes de neige! Une inquiétante hausse de la violence envers les profs : Fanny Lachance-Paquette de Noovo Info vient nous en jaser! Bonne écoute!

MarketsTAMPAN: Tesla, Amazon, Meta, Palantir, Apple, NvidiaTeslaCompetition with xPeng?Compensation PlanLive streaming Shareholder meeting. “1 Trillion pay package!!” Proxy hereRules:12 Tranches. 12 Market Cap + 12 Operational Term: 10 years! Award: 1% of shares in form of RSU. Vest on (a) the Market Capitalization Milestone for such tranche and (b) a previously unmet Operational Milestone. 12 Market Capitalization Milestones:1: $2 trillion2-10: $500 billion (to $6.5 trillion)11-12: $1 trillion (to $7.5 and $8.5 trillion12 Operational MilestonesProduct Goals20 Million Tesla Vehicles Delivered10 Million Active FSD Subscriptions1 Million Bots Delivered1 Million Robotaxis in Commercial OperationAdjusted EBITDA Milestones. 1-8 $50 to $400b.ETF ownership and voting rights FordFord executives might scrap the electric version of its F-150 pickupFord has $13 billion in EV losses% of Global EV Sales25.7m BEV sales since 20197.3m is TeslaLucid ranks #3 most cash burning EV maker globally with total reported cash burn of $14.4B behind Rivian $23.2 billion and Ford's EV segment $15.5 billion.PalantirEarnings PagePlay Alex's opening remarks!“114% Rule of 40 score! What Is the Rule of 40?Core Formula: Rev Growth + operating MarginAlex Letter to Shareholders Some of our detractors have been left in a kind of deranged and self-destructive befuddlement.

durée : 00:06:52 - L'invité de 6h20 - par : Mathilde MUNOS - Le docteur Pierre-Emmanuel Bryckaert, urologue, est l'invité de Mathilde Munos pour évoquer le début du Movember, ce mois de prévention (entre autres) du cancer de la prostate. Vous aimez ce podcast ? Pour écouter tous les autres épisodes sans limite, rendez-vous sur Radio France.

65 -Evènementiel et culture du 27/10 au 3/11/2025 DESCRIPTIF PARTIEL (détails dans podcast)Salon des Amis des Arts de Tarbes du 18/10 au 31/10 Salle fêtes Mairie de Tarbes (tous les jours 14h- 17h30 sauf dimanche)« Escales d'Automne » : Le 31/10 à 21h One man show Tom BALDETTI au CC Jean Glavany à Maubourguet« Escale en Bigorre » Médiathèque Simone Veil Bagnères de Bigorre du 16/10 au 22/11 :Exposition photographies sur le patrimoine vernaculaire de la Bigorre, exposition documents sur le thème du costume bigourdan, expo de costumes traditionnels prêtés par Les Pastourelles de CampanCiné-conte « Une guitare à la mer », Le Maintenon le 29/10 à 15hSalon littéraire Pyrélivres les 1 et 2/11, salle polyvalente Montgaillard Pyrélivres - Une pinte de motsThéâtre en automne 2025 du 26/10 au 1/11, à 21h (sauf le 1/11 à 17h ) salle fêtes Chelle-Debat : le 27 Cie Blague à part « Tous nos vœux de bonheur, le 28 Cie Les Pieds dans le Plat « Donne-moi ta main », le 29 Cie Arlequin « Chacun son histoire », le 30 Cie C'kanki pleut « Lapin, lapin », le 31 Les Victambules « Poquelinades », le 1/11 Cie la Boîte à jouer « D'Artagnan, mon héros »« Les Automnes de St Lary »Conte musical avec J-Claude HEURTEUBISE le 29/10à 16h30 « Le Coucaril » 1° Festival du Film Paysan 65 : le 30 à 20h30 , Parvis, ciné-débat « Honeyland », les 31/10 et 1/11, salle communale Campan sélection de films mêlant art, écologie et paysannerieOutdoor Film Festival du 31/10 au 1/11, Place du Foirail, Halle aux Grains, Alamzic à Bagnères de Bigorre www.outdoorfilmfestival-bagneres.com/Halloween (détails podcast): Ecla Aureilhan, Médiathèque Louis Aragon Tarbes, Abbaye St Sever de Rustan, Château Fort de Lourdes, « Murder Party » Salon de Lecture Bagnères de Bigorre, Centre loisirs Boursu, Abbaye de l'Escaladieu etc….« La sorcière dans les airs » au Ciné Parvis le 30/10 à 15h15 – au CGR programmation spéciale Halloween le 31/10 à 11h, 14h et 22h Musée Déportation et Résistance : voir podcastSPECTACLES Saison culturelle Lourdes : « Murmurations » le 29/10 à 20h30 Palais des congrèsLigue Enseignement « Raconte-moi le monde ! » le 29/10 de 10h à 16h30 : lectures en continu, spectacle à 14hLa Gespe : Concert 5.6.7.8'S le 29/10 à 21h avec le 1° garage rock girl band japonaisAbbaye Escaladieu : « Petit bout d'Pomme » jeune public le 29/10 à 11hTiers-lieu Amassa Lourdes : Stand-up comedy show le 31/10 à 20hSalle fêtes Lannes : théâtre comique « Tranches de bar » le 1/11 à 20h30Cinéma : Opéra « Tosca » en différé le 27/10 à 20h au CGR, au Parvis en partenariat avec la Gespe « Tarantino Days »le 28/10 à 21hExpositions voir podcastConsultez la page des PODCASTS de l'UTL-TB : https://www.utl-tb.info/page/2238064-rubriques-radioHébergé par Ausha. Visitez ausha.co/politique-de-confidentialite pour plus d'informations.

durée : 00:03:51 - Charline explose les faits - par : Charline Vanhoenacker - Les 48 heures accordées à Sébastien Lecornu pour former un nouveau “nouveau” gouvernement se sont écoulées… et résultat ? Je ne sais pas ce que vous en pensez mais ça passe drôlement vite 48 heures quand on s'amuse ! Et c'est pas fini ! Vous aimez ce podcast ? Pour écouter tous les autres épisodes sans limite, rendez-vous sur Radio France.

durée : 00:03:51 - Charline explose les faits - par : Charline Vanhoenacker - Les 48 heures accordées à Sébastien Lecornu pour former un nouveau “nouveau” gouvernement se sont écoulées… et résultat ? Je ne sais pas ce que vous en pensez mais ça passe drôlement vite 48 heures quand on s'amuse ! Et c'est pas fini ! Vous aimez ce podcast ? Pour écouter tous les autres épisodes sans limite, rendez-vous sur Radio France.

Cette semaine, au Podcast Pas Ordinaire, on reçoit Hamza Bousaidan ,un invité inspirant qui a quitté l'Algérie à 11 ans pour s'installer à Montréal, et qui est passé d'un jeune passionné de cuisine à propriétaire de restaurants (Chez ta mère) et foodtruck à succès.Il raconte son rêve brisé de devenir pilote, la naissance de “Chez ta mère”, ses stratégies pour survivre à la pandémie dans le domaine de la restauration et sa philosophie de mettre la famille avant tout. Une discussion authentique sur l'entrepreneuriat, la résilience et l'importance de garder un contact humain.________________________Merci à nos commanditaires de l'Épisode :

In this episode of In the Tranches of Structured Finance, Vadim revisits the standout questions from dv01's recent consumer credit webinar with Jefferies, Upgrade, and Prosper—digging deeper into the state of the consumer, credit performance trends, origination behavior, and refinancing dynamics.Vadim also introduces dv01's new Closed-End Seconds Benchmark, spotlighting its relevance in today's housing affordability environment. Tune in for insights on:The correlation between origination volumes and credit performanceThe role of housing equity across income cohortsTrends in consumer unsecured refinancing and BNPL/home improvement lendingWhy second liens are seeing renewed investor interest post-GFCEarly performance signals in dv01's Closed-End Seconds BenchmarkSubscribe to our free research to stay up-to-date on the latest trends. Contact sales@dv01.co to learn how dv01 data can help you understand what's going on in the market, and to better analyze your whole loan portfolio and securitizations.

Should you take the lump sum or stick with monthly support payments? In this episode, Catherine and Karen unpack one of the most misunderstood yet consequential decisions in divorce: alimony buyouts. Together, they demystify how these lump sum payments are calculated, who truly benefits, and what hidden pitfalls can jeopardize your financial future. From passive income projections to payout timing and mortgage qualification hurdles—this deep dive explores the real-world scenarios and tough questions you must ask before signing your agreement. Lump Sum Alimony: Pros & cons for both payer and recipient Tax implications & investment risks Liquidity vs. long-term cash flow Calculating present value & discount rates Passive income assumptions—and why timing matters What if the payer can't pay all at once? Tranches, step-down payments, and protective clauses Impact on mortgage eligibility The role of life insurance and estate protection Why enforceability & agreement language matter The crucial importance of stress-testing financial plans Listener Challenge: Are you considering a lump sum offer? Screenshot this episode and send it to a friend or family member who might be weighing the same decision. Share the clarity.

The Benefit of Investing in Tranches Hello, this is Hall T. Martin with the Startup Funding Espresso -- your daily shot of startup funding and investing. Tranching the investment means breaking it down into tranches or rounds.  Tranche comes from the French word meaning slice. Investors find it advantageous to break their investment into rounds. In the angel world, many investors break their allocation to a startup into two rounds.   The first round goes in at the beginning of the investor engagement. If all goes well, then the investor puts in the second round. If things don't go well, then most likely they skip the second round of investment. This reduces the investor's risk in the deal. It can also optimize the investor's return. The startup goes through ups and downs. During the down cycles, investors with dry powder can find more favorable terms. It's a good idea to save some of the allocation for an opportunity that provides better terms for the investor. As an investor, consider how to tranche your investment into the startup to balance risk and reward.   Thank you for joining us for the Startup Funding Espresso where we help startups and investors connect for funding. Let's go startup something today. _______________________________________________________ For more episodes from Investor Connect, please visit the site at:   Check out our other podcasts here:   For Investors check out:   For Startups check out:   For eGuides check out:   For upcoming Events, check out    For Feedback please contact info@tencapital.group    Please , share, and leave a review. Music courtesy of .

In this episode of In the Tranches of Structured Finance, Vadim Verkhoglyad breaks down recent credit performance and origination trends across consumer unsecured, subprime auto, and non-QM mortgages.Tune in for insights on:Strong recovery in consumer unsecured performancePlateauing trends in subprime auto, with rising loss severityWorsening impairments in non-QM despite limited lossesMinimal credit impact from recent wildfires and hurricanesGet the latest data-driven view on what's really happening with borrowers in 2025.Subscribe to our free research to stay up-to-date on the latest trends. Contact sales@dv01.co to learn how dv01 data can help you understand what's going on in the market, and to better analyze your whole loan portfolio and securitizations.

Historiquement, les tranches de jambon pesaient 50 grammes, ce qui n'est plus le cas aujourd'hui en grandes surfaces. Mais pourquoi sont-elles de plus en plus fines ? Découvrez la réponse d'Olivier Dauvers dans la question conso ! Tous les jours, retrouvez en podcast les meilleurs moments de l'émission "Ça peut vous arriver", sur RTL.fr et sur toutes vos plateformes préférées. Distribué par Audiomeans. Visitez audiomeans.fr/politique-de-confidentialite pour plus d'informations.

AI is eating the world, or so the headlines say. But what does this really mean for debt markets? Where does AI truly excel, and what limitations persist? What implications does this technological shift hold for analysts' jobs? And how is 9fin deploying AI to address specific challenges confronting debt market professionals?Sujeet Indap, Wall Street editor at the Financial Times, sat down with Steven Hunter, CEO and co-founder of 9fin, to cut through the hype and dissect the real impact of AI on debt markets. This episode was produced from a recent 9fin webinar. If you'd like to learn more about how 9fin's AI-powered platform can give you a competitive edge in debt markets, we'd love to chat.Schedule a personalised demo→ https://9fin.com/sign-up?utm_source=hubspot&utm_medium=email&utm_campaign=ai_debtmarkets_webinarOr, stay up to date with all the latest for 9fin's insights, news, upcoming events, and new featuresJoin our newsletter→ https://share.hsforms.com/1KaeNlWvzRlqYjJGJjHbZmgby77cFollow us on LinkedIn→ https://www.linkedin.com/company/9finHave any feedback for us? Send us a note at podcast@9fin.com.

No one likes that feeling of being a little too thick in the middle. But finding the right balance of strength and cushion is no easy task. We're talking about the middle office here, of course.The middle office may not always be in the spotlight, but when loan data goes awry it's the team that keeps the gears turning and numbers in check. In this episode, head of podcasts Chase Collum chats with Jared Vest, global co-head of middle office solutions at FIS, to break down the middle office's essential roles, risks, and evolving responsibilities. They explore how accurate data and strong operational support are critical to navigate today's fast-paced loan market.This episode was produced in partnership with FIS as part of a three-part series diving into the challenges facing middle office practitioners and users of global loan data sets.Have any feedback for us? Send us a note at podcast@9fin.com.

durée : 00:02:09 - Arfy - Partager à toutes et tous (enfin ceux que ça intéresse) ce qu'il note sur le net. Voilà l'objectif de notre alsacien, qui s'intéresse à beaucoup de choses : un peu de SF, de l'informatique, du Geek, de la BIO, de l'écolo, du LEGO... Le tout passé au mixeur et à sa sauce !

In the credit markets, it's important practitioners get their fax straight. No, you didn't read that wrong — even in 2025, people still use fax machines to transmit some loans data.In our latest Cloud 9fin episode, Chase Collum, head of podcasts, and private credit analyst Devin McGinley, sit down with John Smullen, product manager at FIS. They chat about how global data trends are shaping strategies in the leveraged finance world as private credit CLOs and direct lending gain ground.This episode is part of a three-part series we'll publish in partnership with FIS on Cloud 9fin, so look out for our next episode, coming next Thursday! Have any feedback for us? Send us a note at podcast@9fin.com.

In this episode of Jane's LME Addiction, our head of LME coverage Jane Komsky brings in global chair of Gibson Dunn's restructuring group, Scott Greenberg, to discuss the evolution of cooperation agreements within liability management exercises. They discuss the different types of co-ops, why co-ops have become expected in US deals, their spread to the EU, and the validity of antitrust arguments.Find all our coverage on co-ops at 9fin.com.Have any feedback on the podcast? Send us a note at podcast@9fin.com — thanks for listening!

Three media companies, in vaguely the same vicinity, in fair debt markets where we lay our scene — where ancient business models encounter new scrutiny, and AI generates images you can't unsee…Valentine's Day has been and gone, so why on earth are we besmirching Romeo and Juliet with terrible puns? You should listen to the episode for the full picture, but basically we're discussing three recent debt transactions from X/Twitter, Snap, and Getty Images.These deals might not seem immediately connected, but there's a thread running through all three. In an age of political upheaval and rapid technological advancement, what do they tell us about the future of media? William Hoffman, David Bell and Will Caiger-Smith are here to discuss, and to crowdsource ideas for sponsored 9fin Snapchat filters.Want to share feedback on this episode? Send us a note at podcast@9fin.com.

In the private equity world, continuation vehicles have been a bit of a blockbuster, so can the structure's success transfer to private credit?We have already seen BlackRock's $1.3bn continuation vehicle last year, and some market participants are expecting to see even more in 2025. On the other side however, this might not be as straight forward as in the PE world, and there is a growing pool of skeptics.In this episode of Cloud 9fin, senior private credit reporter Synne Johnsson sits down with private credit reporter Jemima Denham, to discuss all things private credit continuation vehicles -- Why are they the current talk of the town? What are the challenges? And will they eventually take off?Have a listen to hear this discussion on continuation vehicles in the private credit market. If you have any feedback for us, send us a note at podcast@9fin.com. Thanks for listening.

We talk a lot about leverage at the 9fin office (it's kind of the story behind our company name, in case you were wondering) so it should come as no surprise that we think it's interesting. But in the world of Significant Risk Transfer, it's especially fascinating — and controversial.You may have caught the story that Celeste Tamers, part of our growing asset-based finance team, broke last week about Deutsche Bank pulling back from offering repo financing on SRT trades.In this episode of Cloud 9fin, Celeste and our asset-based finance editor Owen Sanderson pick that story apart and use it to explore the history of SRT, to help listeners understand why regulators are raising their eyebrows at the recent growth of this important market.Any feedback on this episode? Email us at podcast@9fin.com.

Long live liability management.In this episode of our new show Jane's LME Addiction, our head of LME coverage Jane Komsky brings in Latham & Watkins partner George Klidonas and C Street founder and CEO Jon Henes, to discuss the Better Health transaction and its implications for future LMEs.Also under discussion: how liability management has taken off as an industry, how law firms and advisors are adapting to this boom in business, and the creative moves market participants are making to ensure the LME space lives a lengthy and healthy life.Listeners might notice a bit of background noise because this episode is also recorded in video format! Find it on YouTube here! Have any feedback on the podcast? Send us a note at podcast@9fin.com — thanks for listening!

Publicly traded leveraged debt issuers are facing a collective maturity wall of $219 billion in the coming years. But unlike the Chiefs' offensive line in the Super Bowl, credit market watchers aren't expecting that wall to collapse.In this episode of Cloud 9fin, US managing editor Bill Weisbrod sits down with credit analyst Ben Dickerman and leveraged finance reporter Dan Mika about their recent piece looking at how the 2026-27 maturity wall in the US is shaping up.Among the highlights: how issuers are hanging on to cheap debt costs, how a leveraged finance market starved for new-money deals is giving BB-rated companies plenty of time to refinance, the uncertainties surrounding Trump administration's economic policies, and how this story was powered by Dan's love of drum and bass music.As always, if you have any feedback for us, send us a note at podcast@9fin.com

With Super Bowl Sunday upon us, much like over a third of the US, we thought we'd focus on sports.Private credit has been circling sports for some time as an investment opportunity. Many regulatory changes in the past year and an increasing number of emerging sports leagues have brought it back into view to begin this year.In this episode of Cloud 9fin, senior reporter Peter Benson sits down with Aaron Kless, managing partner and CIO at Andalusian Credit Partners, to discuss all things private credit and sports.The discussion topics include the institutionalization of the sports market, how credit works with sports franchises and other areas of the sporting world that are ripe for credit investment.As always, if you have any feedback for us, send us a note at podcast@9fin.com

People love to talk about the battle between banks and private credit firms in leveraged debt markets. And at a high level, it's true that the dealflow has bounced back and forth between the two over recent years — but markets are a lot more complex than a game of table tennis.In this episode of Cloud 9fin, Synne Johnsson sits down with Soren Christensen, partner and head of capital markets at Cinven, and Amit Bahri, co-head of European direct lending at Goldman Sachs, to break down how private credit's role has evolved over the years.Among the highlights: how sponsors have adapted to embrace private credit, what the return of the BSL market means for direct lender strategies, the attraction of junior PIKs, and predictions for 2025.As always, if you have any feedback for us, send us a note at podcast@9fin.com.

The second federal order involving milk testing for a strain of the H5n1 HPAI virus in dairy cattle.

The full extent of the damage from this season's California wildfires is yet to be determined, but one thing that is certain is that some leveraged credits are starting to feel the heat.In this week's episode of Cloud 9fin, US managing editor Bill Weisbrod and deputy leveraged finance editor Sasha Padbidri survey the extent of the damage and discuss which industries are among the most impacted.Find Sasha's latest report about the wildfires' impact on leveraged credits here. If you have any feedback or want to get in touch, send us a note at podcast@9fin.com. Thanks for listening!

After years of growth and positive sentiment, 2024 saw private credit's smallest fundraising haul since 2019. But the year-on-year drop in capital raised was far less significant than the drop in the number of funds that were closed.In this week's episode of Cloud 9fin, US private credit editor David Brooke and reporter Anna Russi discuss the latest results in private credit fundraising and how LPs are consolidating around their favorite firms. The conversation walks through how investors are feeling about the asset class and whether the incoming Trump administration can help or hinder funds on the road next year. Read Anna and David's article diving into these trends here.Have any questions or feedback for us? Want to join us on the podcast? Send a note to podcast@9fin.com to get in touch. Thanks for listening!

Abonnez-vous à Angle mort VIP et ayez accès à tous les épisodes!  https://podcasters.spotify.com/pod/show/marc-boilard6/subscribe  Inscrivez-vous aussi au groupe Facebook de Angle mort: https://www.facebook.com/groups/anglemortmarcboilard

Pascal Praud revient pendant deux heures, sans concession, sur tous les sujets qui font l'actualité. Aujourd'hui, le programme du Nouveau Front Populaire sur les impôts. L'alliance des gauches souhaite réformer le modèle actuel en passant des 5 tranches existantes à 14. Qu'en pensez-vous ?Vous voulez réagir ? Appelez-le 01.80.20.39.21 (numéro non surtaxé) ou rendez-vous sur les réseaux sociaux d'Europe 1 pour livrer votre opinion et débattre sur les grandes thématiques développées dans l'émission du jour.

durée : 00:05:14 - Avec sciences - par : Alexandra Delbot - Une nouvelle enquête de l'INSEE révèle que près d'un tiers des répondants exprime au moins un effet néfaste lié à l'usage des écrans, comme la limitation du temps de sommeil par exemple. Si les jeunes sont les plus touchés, toutes les tranches d'âge ressentent des effets négatifs.

How many tranches of debt should there be in an LBO?Contact: investmentbankinginsights@gmail.com

Bienvenue dans ce guide Stephen King avec Émilie, spécialiste française du gadjo et créatrice du média Stephen King France. Dans ce cinquième volet, on parle des récits peut-être plus simples, plus accessibles de King : les « tranches de vie » qu'il dessine dans ses romans et nouvelles. Et vous allez voir qu'on tombe (très) vite d'accord).Les œuvres qu'on vous recommande dans cet épisodeDolores Claiborne. C'est tout. Y a pas de débat. Bisous !Pour plus de Stephen King...Suivez Stephen King FranceRetrouvez Émilie sur Twitch !L'intégralité de cette discussion est en replay vidéo ici.Dans la vie, je suis créatrice de contenu indépendante sur Internet ; vous pouvez me rejoindre sur Twitch, sur Instagram, sur Twitter et sur Patreon. Je parle de féminisme et d'émotions, de jeux vidéo et de séries télé, de recettes de cuisine et de champignons, de bienveillance et de sel. Pour recevoir mes podcasts en avance et sans pub, abonnez-vous sur Patreon ! Cela inclut aussi en avant-première les replays podcasts de Game of Reroll, l'émission de jeu de rôle 100% joueuses à retrouver en live sur la chaîne Twitch de Fibre Tigre. Si vous voulez encore plus de Mymy dans vos oreilles, vous pouvez retrouver mes débriefs de série sur le flux Mymy Haegel débriefe les séries, m'écouter avec la créatrice de contenus Marikigai chaque mardi dans le podcast BFF et me retrouver tous les dimanches en compagnie de Fabrice Florent dans notre podcast cinéma Le Film Club. Merci de votre présence !

Dans cet épisode, nous allons parler de sauter le petit déjeuner, de sport médicament et de jambon. **NOUVEAU** : 3 méthodes pour activer sa graisse brune Sommaire du podcast : Un peu de jambon c'est bon ?  Le sport, ce puissant médoc Sauter le petit déjeuner c'est mal  3 méthodes pour activer sa graisse brune […] The post Blanc de poulet en tranches, sauter le petit déjeuner et sport médicament appeared first on Fitnessmith.

Suite aux nombreuses écoutes et feedbacks positifs reçus suite à la publication de l'épisode “Tranches de vie transformées” au mois de septembre 2022, me voici de retour avec un 2e épisode dans lequel j'ai invité 6 autres de nos clientes. Une nouvelle fois, ces femmes leaders vont vous donner un véritable un shot d'inspiration, et vous feront entrevoir ce que vous pourriez créer dans VOTRE vie avec le programme de coaching Leaders Ambitieuses. Chacune à leur tour, nos 6 leaders d'horizons divers nous racontent en quelques minutes comment leurs vies se sont transformées grâce au coaching, en faisant le récit de ce qui a vraiment changé pour elles. Je suis ravie de vous livrer de nouvelles tranches de vie 100 % authentiques. Je ne vous en dis pas plus et vous laisse découvrir ces formidables clientes… J'ajoute que si vous aussi vous voulez vous donner une chance de créer les mêmes résultats que nos clientes : 1/ ne manquez pas la dernière session de la Masterclass (inscription gratuite, elle a lieu mardi 24 janvier 2022 à 12h30) Planifier 2023 pour travailler moins et équilibrer votre vie : https://bit.ly/3GKaTR5. 2/ sachez que nous lançons les inscriptions au programme pour démarrer en février 2023. Si vous assistez à la Masterclass, toutes les informations sur le programme vous seront données à ce moment-là. Vous pouvez également faire une demande directement en cliquant ici : https://bit.ly/3xn47N5. ***** Les références de nos clientes : Céline Garrigues, directrice de projet : son profil linkedin Magali Béchade, traductrice indépendante : son site : www.magpielanguages.com son profil linkedin Manuela Dizier Chanfreau, Fondatrice de Butrfly et du podcast la Grande Famille : le site de Butrfly : https://www.aupairbutrfly.com/ podcast La grande famille son profil linkedin son instagram son facebook le site https://chambrehabitant.fr/ ***** Inscrivez-vous à la newsletter de Femme Ambitieuse en cliquant sur ce lien. Vous représentez une entreprise et souhaitez développer le leadership de vos talents féminins ? Cliquez ici. réalisé par Arnaud S. | musique-imaginaire.com

20VC: Fundraising 101 Today we are going to walk through the process of raising a funding round for a hypothetical company. We will break it down by different stages in the fundraising process and at those stages I will talk about how each element differs according to the round being raised.  First, for 99% of fundraises it is a game of shots on goal. You need to have enough investors in the pipeline, it is a sheer numbers game. Miki Kuusi @ Wolt said on 20VC recently for his Series B he got 68 rejections before Laurel Bowden @83North said yes. Wolt sold in 2021 for $7BN to Doordash making a monster return for the company's investors. But 68 meetings before that yes, for the Series B. Also goes to show, you sometimes just need one true believer.  How to Create a Target List of Investors Now we know we need enough shots on goal, we need to bring together a target list of investors, put these investors in three buckets: Priority (5 names of people you really want.) Tier 2 (15 names of people you would like) Tier 3 (15 names of people you would take money from but would not invite to your birthday!)  So how do we choose who goes in what bucket? First, founder references speak volumes and lead to warm intros, so speak to your friends who are founders, ask which of their VCs have been the best, place even more weight on their recommendation if the company has not been a success. It is easy to be a VC champion when the company is flying, you often see the true colours of the VC when a company is really struggling or fails. Get a couple of names there and then analyse the VC landscape, you can do this on Twitter or the VCs website or blog and find the VCs that resonate best with your company. Look at the types of deals they have done before, are they interested in pre-seed fintech in Europe, do they do enterprise SaaS Series A in the Silicon Valley. You can see their portfolio, make sure it is a fit for them. I get about 200 inbounds per day across channel, about 150 are clearly not a fit for me because of stage, sector or location and so making sure the obvious are aligned is crucial. Then double down on their Twitter or public profile to see as much as you can about their values and how they portray themselves. Rule No 1, never work with assholes. Value alignment is really important. Now we have the five priorities and then I would say do the same for the Tier 2 and Tier 3 bucket, make sure they invest both in your stage, sector and geography.  The Biggest Mistakes Founders Make Pitching: So now we have our pipe of investors. A couple of big mistakes I see founders make in this next step.  They go to their priority names first. Do not do this. Your pitch both in delivery, style and messaging will improve so much with each meeting. Start with a couple where you would not be sad if they said no. Analyse in real time in those meetings what messages are hitting and what are not, where are investors spending the majority of the time, are there common questions that keep coming up. If so, create an FAQ page that is in the deck and that will prevent you from having to answer the most obvious in other meetings. With each meeting, you will find ways to iterate the deck, the messaging and the way you present.  Another massive mistake founding teams make, if you are doing a Zoom call and it is a first meeting, do not have more than 2 people on the call from your team. It makes it tough to get to the core of the discussion and removes a lot of the relationship building with too many people too soon. If the investor likes the opportunity, they will ask to meet more team members but do not put too much in front of them to the point it dilutes the message and pitch.  Now we have done the first investor meetings and we have iterated our deck and messaging in accordance with the feedback we got. We now progress to taking meetings with investors we want as our partners.  How to Master the Subtleties of a First VC Call: Every investor call usually starts with each side telling a little about themselves and how they came to be the founder or the VC. As the founder, practice your intro, make it succinct, concise, break it into three chapters, a minute per one is a good guidance. In these you want to show a couple of things, founder problem fit or in other words, why you specifically have the right experience or skills to attack this problem. I also like to understand “insight development” as taught to me by the famous OG of seed investing, Mike Maples @ Floodgate. Insight development is the notion that the best companies are founded on a unique insight that the founder has about a product or market that is different to the way the world currently sees it. Include these two in your intro. Keep the intro to no more than 3-4 mins.  For the VCs intro, it is important to try and understand a little more about them. Many VCs give boring and bland intros; “we do Series A and B in Europe and like to lead rounds.” Very standard response and so you should ask them how they like to work with their founders, ask them about a company that struggled and how they worked with the founder to help. Ask them about their decision making process for reserves and pro rata. This creates more of a conversation which will instantly give you as a founder more gravitas in the eyes of the VC.  Use the deck as a vitamin and not a painkiller. I hate pitches where it is read off slide by slide. I would not have the slides showing at all, I will have asked for a deck pre the meeting and I should have gone through it before. The call is for me to ask about questions I want to understand more or double click on. That said, the deck can often be useful as a crutch and so it can work well to have it ready and refer to certain slides as and when necessary.    The 7 Sins of Fundraising Decks: So while we are on the deck, I want to go through a couple of elements that I so often see and they are killer mistakes: Length: Keep the deck less than 10 slides. If you need a couple more to show data or additional research, put it in the appendix at the end of the deck.  Introduction: First slide, company name and then answer the question; if I had a billboard in Times Sq, what would it say on it? 10 words max. From your first slide alone, there should be no doubt about what your company does.  The Team Slide: where do people go wrong here. They put 12 faces on it with their names. No information about the people, where they worked, why they are the best team to solve this problem. A totally useless slide if done like this. So do not do this. Instead, take 4 of those people, break the slide into quadrants and expand on those 4 people's backgrounds to why they are perfectly suited to do what they are doing. Fewer people more context.  The Useless Advisor Slide: Aligned to the terrible pictures of many team members with no context, the advisor slide, honestly, advisor slides just carry such little weight these days, they are not worth having. Take it out, it is not needed.  Market Sizing Errors: This is a massive one. I see so many make the mistake on market size slide. Say we have a CRM for hairdressers, taking a very random example here, so often I will see a $100BN market, thats the TAM for the hairdressing market or the CRM market, but we are CRM for hairdressers so that is not the right representation and is entirely misleading. It is much better to start with that, then show the slither of wallet spend that hairdressers spend on software and then show the even smaller slither that they spend on CRMs. Use the market sizing slide as a way to show your insight and intellect both into how the market is carved up today but also how it is going to change in the future. There is always the debate of what matters more, large market or amazing founders, the truth is, a massively growing market can cover a lot of operational sins and so showing how the market is and will expand and what causes this, the why now, will always be important. But do not show the massive market for hairdressing or whatever it is, I have seen more $1TN TAM for pet grooming businesses that you can imagine. So do not do that.  Exit Slides are Terrible: I do not see this so often now but do not have an exit slide in the deck for your early stage company, the wrong type of investors will be attracted to you if they like this slide, it encourages short term thinking and is not the right way to present for a company that will reshape an industry so no exit slide.  Why You Should Not Invest: One thing I love in startups and always have when I present my funds is a slide, why you should not invest in me. I think the most important thing for all founders is to be aware of their biggest weaknesses and then have clear action plans on what they are doing to mitigate the chances of them impacting their success. So have a slide that says, hey, these are our 3 biggest weaknesses and then tied to each one, this is what we are doing to solve it. This inspires trust in the relationship with the investor and really shows your self-awareness and strategic thinking. How To Structure The Size and Composition of Your Funding Round: Now at some point in the discussion the size of the round and the price of the round will be asked. Use this as a chance to show your calibre as a founder.  You Cannot Sit With Us (You Get The Joke!!!): Massive mistake founders make is they structure a round that does not allow for a VC to invest. What do I mean by this? VCs that lead rounds need to own at least 8% very minimum and if you come in raising $2M on a $25M cap, that is not enough allocation for the VC and pro-rata amount and then angels as well. Do not prohibit the VC from investing because of the structure of your round. For that example, $5M on $25M would allow for the VC to have 12.5% ownership, a smaller fund to have 3-4% and then a 3-4% allocation for angels.  Is This Check Meaningful?: An important question to ask is: is the check size being invested by the lead a material check size for them and their fund? For example, if the check size they are investing is less than 1% of their fund, it is not that meaningful, if it is less than .5%, it really is not meaningful. Now this could be bad as it means they are unlikely to be able to provide you with the same time and attention they would larger checks. That said, Jason Lemkin has also commented before on the benefits of this as they will leave you alone to execute, they will not put much pressure on you as you are not a core position and it is really yours to execute from there.  Do Not Do a Range: In terms of the actual size of check being raised, I do not like ranges. There is a massive difference between 3 and 5 million, and that impact on your runway is huge and so state a clear and direct number you are raising and what runway that will provide.  Milestone Hitting and Showing Resource Allocation: Use the question of how much are you raising to show your insight into the milestones that you need to hit over the next 18-36 months. Never raise less than 18 months, you also do not need to raise more than 36 months. Plan for a 6 month fundraise and execution 99% of the time always takes longer than you anticipate. With that in mind, I always prefer 24 months as the right period to raise for, this will give you 18 months heads down execution and then 6 months to raise.  Fundraising Rounds are To Prove Hypotheses: If we assume that fundraising rounds are science experiments and you have to prove or disprove a set of hypothesis with this time and money, make sure you can clearly articulate what you need to prove and by when. For the love of god do not say, this is the last round we will ever need to raise before we are immensely profitable, I could have a fund the size of Softbank if I had a dollar for everytime someone said that to me.  How to Answer the Question of Valuation: When you say the size of the raise, say $2M, the basic assumption is that each round will dilute 15-20% and so the average VC will think of a $10M post money valuation straight away when you say a $2M raise. That said, you do not want to anchor yourself to a price, you are running a process as transactional as it sounds and I am not saying you want to optimise for price by any means but the majority of the time, it is best to say, “hey we are raising $2M and we will let the market decide on the price”. This is a great way to answer the question as this will not put anyone off, it will not anchor you to a price and it will also show you are savvy as to the raise process which any incoming investor should want to see as your ability to raise the next round is fundamental for them. Again, use this question to show your sophistication and knowledge as to the finer details of how to navigate a fundraise successfully.    How to Choose Your Lead Investor?   The biggest problem of the last 2 years was people chose their lead having met them once. They will be a partner to you for 10 years and you will not be able to get rid of them, it is literally harder to remove an investor than it is to get divorced. Brian Singerman @ Founders Fund said on the show recently about how he was unable to do his job in COVID as he could not meet founders in person. It is so important to meet your lead investor in person before signing the deal, so much can be gained and learned from those meetings in person. Then there is the question of how do I really get to know someone, especially if it is in a compressed timeline, there are ways that you can accelerate a relationship and getting to know someone, make sure to ask: What would success look like to them with this investment? What are the 1-2 core ways they believe that you will not achieve your outcome? What worries them? Can they give you a reference for founders they have worked with where it has not gone to plan? Also do off sheet references and try to find others where it did not go to plan. You can find their email with the Google Plugin by Clearbit and that is super easy. That should reveal alot.  I also find really being vulnerable, talking about ambitions, inspirations, fears, childhood, my mother has MS and it is a tough and horrible thing to see your mother suffer with, I will discuss that and how it has changed me and my mindset in many ways.  How to Set a Timeline in a Fundraise? In this deliberation phase where you are waiting for a term sheet, you do need to create some form of urgency. Investors often need a reason to move and so it is good to put a timeline on the raise. 14 days is perfect, this is enough time for any VC to do the work they need to do but also if they cannot do it in that time without a plausible excuse, it is unlikely that they would have done the deal and so it will force timewasters to a no sooner and save you time.  Your Term Sheet is Ticking: One thing to be wary of is exploding term sheets. If any VC says you have to sign this here and now, that is BS. Do not do it and that is no way to start a 10 year relationship. That said, it is fair for them to set some form of timeline, otherwise, you can shop the term sheet; share it with everyone and use the first people to commit as leverage to create FOMO to get other people to commit. This can be a disadvantage of being a first mover as a VC but that is why they will often have some form of expiry date and that is not unreasonable.    When You Have Multiple Term Sheets: KISS (KEEP IT SIMPLE STUPID)   Then you have leverage and you can optimise the round on price, size of round, size of lead check to angel allocation etc etc. My advice here would always be do not over optimise. If the chosen partner is slightly lower, take it. Do not lose the right partner because of a small 5% difference in price or size of round. Another big mistake founders make when they have multiple term sheets is communication. It is fine if you need another couple of days to consider the decision but keep everyone updated. Let each investor who is waiting know, you are still thinking it through and will be back to them shortly. Name when you will have an answer, a communicated delay is fine, no communication is not. Then another massive mistake founders make is for the VCs they choose not to go with, they do not turn them down graciously. These investors could likely fund your next round, a bridge round and you never know when you might need them and so always turn them down super well and keep them on side, they could be helpful in the future. If a VC Does These 3 Things: Forest Gump It:  Now the massive red flags with leads in this process that we need to call out: Pay to Pitch: If any VC ever makes you pay to pitch them. This is unacceptable and we have to remove this from the industry. Tweet me the details of these investors, it can be anonymous but these bad actors need to be called out. Investment Tranches Kill Companies: If it is an early round and they want to do the investment in tranches. No. This is such an inhibitor for the business it will not allow you to allocate resources effectively or with confidence. Do not allow for tranches. A bad deal can sometimes be worse than no deal. Tranches does not set you up to execute against a plan, build a world class team and achieve what you can. Say no.  Early Signs of Excess Control and Ego: If they haggle immensely on salary over small amounts, if they suggest you should be on $60K not $62K and they make a big deal out of it. This is a sign of what they will be like to come. Do not accept it.  So now we have our lead VC locked in and we have to allocate the rest of the round. I would work hand in hand with my VC to construct the rest of the round. They will have angels they work closely with and think highly of. Use them to help map out those people and then make those intros for you.  How to Allocate Your Angel Allocation: Assemble your angel cap table as you would a sports team. Each person has a specific position which they are specialised to and have a world class skill in. Someone for marketing, hiring, regulation, PR, partnerships etc. A massive mistake I see so often is founders try to cram down all their angels to their smallest allocation so they can fit as many as possible. Do not do this. Give fewer people more allocation. The only thing that matters is that the check size matters to them. For some it will be $10K for others it could be $50K but fewer with more skin in the game is important.  Next I see so many founders drag out the process meeting just one more investor and just one more, after a certain time, just get it done, get it closed and move on.  Just Closed: Time to Prep for the Next Round So now we have closed the round, congrats. Now time to start prepping for the next round, one thing to remember, as a founder, you are always raising. So here is what we should do next: Sit down with our new lead investor and align on what we believe we need to hit to unlock the next round of funding. Will that next round come from them or external financing?  If external financing, what 5 names should we focus on? Make sure to send those 5 names monthly updates with your progress. Investors invest in lines not dots.  Make sure to meet them on a quarterly basis.  By the time of your next fundraise, following 6 face to face meetings and 18 updates, the investor and you will know if this is a partnership you want to pursue.  I want your feedback. Did you enjoy this post? Let me know on Twitter here. 

Aujourd'hui je vous ai enregistré un épisode surprise un peu spécial, un épisode destiné à vous donner un shot d'inspiration, et pourquoi pas vous faire entrevoir ce que vous pourriez créer dans VOTRE vie. J'ai invité 6 de nos clientes à raconter en quelques minutes comment leurs vies se sont transformées grâce au coaching. Chacune fait le récit de ce qui a vraiment changé pour elles.  Je suis ravie de vous livrer ces tranches de vie 100 % authentiques. Je ne vous en dis pas plus et vous laisse découvrir ces clientes formidables… J'ajoute que si vous aussi vous voulez vous donner une chance de créer les mêmes résultats que nos clientes : 1/ ne manquez pas la dernière Masterclass de 2022 (inscription gratuite, elle a lieu jeudi 15 septembre 2022 à 20h) pour muscler votre confiance : bit.ly/3RmkJfN 2/ sachez que nous lançons les inscriptions au programme pour la dernière fois de l'année, et que l'année prochaine nous reverrons notre tarif pour les particuliers, contraintes pour faire face à l'inflation qui ne nous épargne pas. Si vous assistez à la masterclass, toutes les informations sur le programme vous seront données à ce moment-là. Vous pouvez également faire une demande directement en cliquant ici : bit.ly/3xn47N5.   Références de nos clientes : Marion : Rites de Femmes www.ritesdefemmes.com Solène : Studio Solène Bélaire Compte instagram Studio Solène Bélaire Page linkedin Studio Solène Bélaire Marie : page linkedin Marie Lécuyer

On the Constellations Podcast, we'll discuss how the Space Development Agency (SDA) is accelerating the development of space-based capabilities for the warfighter. The SDA is focused on enabling data to get to the tactical edge on relevant timelines, i.e. lowering data latency.  They are accelerating capabilities with spiral development, working with the idea that getting to a solution that is 80% complete and viable in two years is better than an exquisite solution that will take five years. During this episode of Constellations, Dr. Frank Turner, Technical Director of the Space Development Agency, explains spiral development, how it is used and why it is helping to get data to the warfighter quicker. He discusses the difference between the SDA's tracking and transport layer and Tranches, what they are and how part of their goal is to set a level playing field for each company that wants to participate.  Dr. Turner also talked about optical inter-satellite links and building a mesh network in space. Hear Dr. Turner explain how the SDA is trying to help both industry and DoD understand how to support the warfighter communicate.

Watch out, it's a big boy! The Choo Choo Crew dissects one of the new 18xx kids on the block: The Old Prince 1871. A live opening auction, a full breakdown of how this game ticks, what we're using to our advantage, and our favorite positions to play. Get up to speed on this new 18xx offering, or follow along if you're already all in on T.O.P. Enjoy! (0:00) Intro  (:58) Quad Jumps: Worst Rule Ever? (9:12) Overview (13:30) Opening Auction: The Old Prince 1871 (29:03) Auction Begins (52:44) Breaking down The Old Prince (54:05) The PEIR (74:25) Union Bank (104:52) Train Roster & Train Rush (125:32) Tranches, Splitting, and New Companies (149:06) Track, Tiles, Tokens (165:42) Variability & Final Thoughts Follow along with our game of The Old Prince: https://18xx.games/game/83387 http://www.dadsonamap.com http://www.twitch.tv/choochoocrew https://www.youtube.com/channel/UCIiB1kOCxeuSYyXamoCPdwQ Support the Show - Patreon: http://www.patreon.com/dadsonamap Twitter - @dadsonamap Instagram - @choo_choo_crew_podcast BGG Guild - http://tiny.cc/DoaMGuild Merch Store - https://teespring.com/stores/dads-on-a-map Contact us at dadsonamap@gmail.com