The content team hides energy drinks and quizzes the sales team on finance basics. Adam, Colson, and Jerem Stewart answer questions about accredited investors, limited versus general partners, and AUM to win Monster drinks.
Chapters
Today we ran a secret covert operation where the content team stole all the energy drinks in the office, and the sales team has to answer one question in order to get them back. It's only been 30 minutes and the sales team is already going through withdrawals. What is your name?
My name is Adam.
What is an accredited investor?
An accredited investor is someone who makes $200,000 or more multiple years in a row.
That is correct, Adam. You get the energy drink. Okay, what is your name?
My name is Colson.
What's the difference between a limited partner and a general partner?
So in a fund, the limited partner is going to be your investors. So that could be like a high net worth individual, maybe like a family office, so people who are putting capital into a fund. Whereas the general partners are those who are actually managing the fund, so the operations, the investments of the fund. That could be like your capital raiser, your fund managers, you know, your investment specialists. So a little bit different.
Wow, you nailed it. You nailed it. You get the Monster.
My name is Jerem Stewart.
The question is, what is AUM?
Assets under management. If you're in real estate, you go buy a bunch of buildings and the assets under management is what is the total portfolio worth? And that is the assets under management.
Okay, you did it. That was a perfect answer. You get the Monster now. Woo!
