{"version":3,"file":"createAnInvestment-6bcd2fe8.js","sources":["../../../app/frontend/assets/documentation/articles/createAnInvestment.js"],"sourcesContent":["// DON'T FORMAT ON SAVE. TRAILING SPACES ARE BEING USED FOR LINE BREAKS\nexport const createInvestmentForm = [\n  {\n    name: \"Capital providers\",\n    markdown: `\nIn Tower Hunt, investments fill in missing \"links\" in the {% inlineRouterLink articleId=\"the-role-of-investments\" sectionName=\"Provenance\" %}\"chain of custody\"{% /inlineRouterLink %} of an asset. Each new \"link\" transfers ownership. Because of this, you don't add \"seller\" or \"borrower\" companies when creating investments — they are inherited from other \"links\" in the chain. The \"companies\" field that you see is for the companies that are providing capital — \"buyer\" and \"lender\" companies.`,\n  },\n  {\n    name: \"Investment status\",\n    markdown: `\nInvestments progress through a series of milestones on their way toward a successful closing. Tower Hunt offers a flexible approach to tracking status that allows for dates but doesn't require them.`,\n  },\n  {\n    name: \"Valuation\",\n    markdown: `\nA key outcome of an investment is price discovery. There are different types of valuations, each with its own context.`,\n  },\n];\n\nexport const createAnInvestment = {\n  order: 4,\n  name: \"Create an investment\",\n  keywords: \"deal comp sale refinance loan own buy sell value price\",\n  subcategory: \"Investments\",\n  markdown: `# Create an investment\n\n  {% tablessContainer paddingStyles=\"px-5\" %}\n  **Who can use this feature?**\n\n  {% inlineAppIcon iconName=\"user\" /%}{% inlineRouterLink articleId=\"understand-reputation\" sectionName=\"What reputation affects\" %}**Reputable users**{% /inlineRouterLink %}.\n  {% inlineAppIcon iconName=\"capitalStack\" /%}Available in {% inlineRouterLink articleId=\"understand-the-capital-stack\" %}capital stack{% /inlineRouterLink %}.\n  {% /tablessContainer %}\n\n  {% inlineRouterLink articleId=\"the-role-of-investments\" %}Investments{% /inlineRouterLink %} create important connections between {% inlineRouterLink articleId=\"what-is-a-property?\" %}properties{% /inlineRouterLink %}, companies, and contacts. They also provide context about the value of properties over time.\n\n  {% callout type=\"tip\" marginStyles=\"mb-4\" %}\n  **New to Tower Hunt?** Take a moment to learn about {% inlineRouterLink articleId=\"the-role-of-investments\" %}investments{% /inlineRouterLink %} and the {% inlineRouterLink articleId=\"understand-the-capital-stack\" %}capital stack{% /inlineRouterLink %}.\n  {% /callout %}\n\n  ## What to expect\n\n  Nearly all investment {% inlineRouterLink articleId=\"what-is-a-datapoint?\" %}datapoints{% /inlineRouterLink %} are {% inlineAppIcon iconName=\"private\" /%}{% inlineRouterLink articleId=\"what-is-safezone?\" %}Safezone{% /inlineRouterLink %} by default. Creating a new investment requires **at least one** of the following:\n\n  - A {% inlineRouterLink articleId=\"create-an-investment\" sectionName=\"Capital providers\" %}company providing capital{% /inlineRouterLink %}.\n  - An {% inlineRouterLink articleId=\"create-an-investment\" sectionName=\"Investment status\" %}investment status{% /inlineRouterLink %}.\n\n  ## Getting started\n\n  There are three primary ways to begin creating an investment. The correct entry point for you depends on the state of the {% inlineRouterLink articleId=\"understand-the-capital-stack\" %}capital stack{% /inlineRouterLink %} as of the date you are {% inlineRouterLink articleId=\"time-travel\" %}time travelled{% /inlineRouterLink %} to.\n\n  ### Add an owner\n\n  If you are viewing an asset as of a date when Tower Hunt doesn't know the ownership, click {% inlineAppIcon iconName=\"pencil\" /%}**Add owner** to begin creating an investment:\n\n  ![Add owner screenshot](https://assets.towerhunt.com/site/capitalStackAddOwner.png)\n\n  ### Trigger an investment\n\n  If the capital stack contains layers as of the date you are viewing, click any {% inlineAppIcon iconName=\"arrowsLeftRight\" /%}**Deal actions menu** to reveal context-aware investments that can be triggered.\n\n  {% inlineVideo videoSource=\"https://assets.towerhunt.com/site/triggerInvestment0.mp4\" marginStyles=\"my-4\" /%}\n\n  {% callout type=\"tip\" %}\n  **Tip:** Looking for the different types of investments in Tower Hunt, as well as how they appear in the capital stack? We put together an {% inlineRouterLink articleId=\"investment-types\" %}illustrated list of investment types{% /inlineRouterLink %}.\n  {% /callout %}\n\n  ### Add a debt layer\n\n  Click the **+ Loan** button that appears between layers to begin adding a new loan.\n\n  ![Add loan button screenshot](https://assets.towerhunt.com/site/capitalStackAddDebtLayer.png)\n\n  ## How it works\n\n  To create an investment, you fill in a form that includes fields for capital providers, investment status, and valuation. Then, press **Save**.\n\n  {% inlineVideo videoSource=\"https://assets.towerhunt.com/site/createInvestment0.mp4\" marginStyles=\"my-4\" /%}\n\n  {% tabbedContainer tabs=$createInvestmentForm marginStyles=\"mb-4\" /%}\n\n  {% callout type=\"tip\" %}\n  **Tip:** To cancel the creation process, click the {% inlineAppIcon iconName=\"xMark\" /%}**Close button** at the top-right of the form.\n  {% /callout %}\n\n  ## Capital providers\n\n  As the name suggests, capital providers are the companies that bring capital to the transaction. In a sale, these are the buyers. In a financing, these are the lenders.\n\n  {% callout type=\"caution\" %}\n  **Important: If any of the listed companies did not join the capital stack at the same time, they should be modeled as separate investments** (most likely an initial investment followed by one or more {% inlineRouterLink articleId=\"investment-types\" sectionName=\"Partial interest sale\" %}partial interest sales{% /inlineRouterLink %}).\n  {% /callout %}\n\n  To add companies:\n\n  {% tablessContainer marginStyles=\"mb-4\" %}\n  1. Begin typing a company name.\n  2. Select an option from the list using your mouse or {% inlineKeyboardShortcut %}↑{% /inlineKeyboardShortcut %}, {% inlineKeyboardShortcut %}↓{% /inlineKeyboardShortcut %}, and {% inlineKeyboardShortcut %}Enter{% /inlineKeyboardShortcut %}.\n  3. If no options appear in the list, finish typing the company's name and press {% inlineKeyboardShortcut %}Enter{% /inlineKeyboardShortcut %} or {% inlineKeyboardShortcut %}Tab{% /inlineKeyboardShortcut %}.\n  4. The added company appears against a yellow background with a {% inlineAppIcon iconName=\"xMark\" /%}**Close button** to its right.\n  {% /tablessContainer %}\n\n  {% callout type=\"tip\" %}\n  **Tip:** You can add multiple companies by repeating the steps above.\n  {% /callout %}\n\n  To remove companies:\n\n  {% tablessContainer marginStyles=\"mb-4\" %}\n  1. Click the {% inlineAppIcon iconName=\"xMark\" /%}**Close button** to the right of a company's name.\n  2. **Optionally**, pressing {% inlineKeyboardShortcut %}Backspace{% /inlineKeyboardShortcut %} removes the last company in the list.\n  ![Remove company screenshot](https://assets.towerhunt.com/site/Transparent_dark_lines_T0.png)\n  {% /tablessContainer %}\n\n  ## Investment status\n\n  There are three primary investment statuses: available, under contract, and closed. Use the dropdown to designate a status (and optionally, a date) as follows:\n\n  | **Option** | **Status** | **Date** |\n  |---|---|---|\n  | Available | Available | None |\n  | Under Contract | Under Contract | None |\n  | Closed this week | Closed | 1 day ago |\n  | Closed last week | Closed | 10 days ago |\n  | Closed date... | Closed | Type a new date or type {% inlineKeyboardShortcut %}Space{% /inlineKeyboardShortcut %} to open a date picker. |\n  | Closed date unknown | Closed | None |\n  | Unknown | None | None |\n\n  {% callout type=\"caution\" marginStyles=\"mb-4\" %}\n  **Heads up:** If you select *Available* or *Under Contract*, the creation process will move to the {% inlineRouterLink articleId=\"deal-hub\" %}Deal Hub{% /inlineRouterLink %}, where you can see the investment in side-by-side \"before\" and \"after\" {% inlineRouterLink articleId=\"understand-the-capital-stack\" %}capital stacks{% /inlineRouterLink %}.\n  {% /callout %}\n\n  {% callout type=\"tip\" %}\n  **Tip:** To clear the status field, choose \"Unknown\" from the dropdown.\n  {% /callout %}\n\n  ## Valuation\n\n  This is a dollar amount that has an {% inlineRouterLink articleId=\"investment-types\" %}investment-type-specific{% /inlineRouterLink %} meaning as follows:\n\n  | **Investment type** | **Valuation concept** |\n  |---|---|\n  | Outright sale, loan sale | Purchase price |\n  | Partial interest sale | Total asset value (i.e., the value of 100% ownership) |\n  | Loan origination, refinancing | {% inlineRouterLink articleId=\"tower-hunt-glossary\" sectionName=\"F\" %}Fully-funded loan amount{% /inlineRouterLink %} |\n\n  Type a numerical amount into the field, then choose a valuation type as follows:\n\n  | **Option** | **What it means** |\n  |---|---|\n  | Final | The actual amount at closing |\n  | Guidance | The amount suggested/desired by a broker, seller, or borrower |\n  | Internal | The amount **you** (or your company) believes is correct |`,\n};\n"],"names":["createInvestmentForm","createAnInvestment"],"mappings":"AACY,MAACA,EAAuB,CAClC,CACE,KAAM,oBACN,SAAU;AAAA,0fAEX,EACD,CACE,KAAM,oBACN,SAAU;AAAA,uMAEX,EACD,CACE,KAAM,YACN,SAAU;AAAA,uHAEX,CACH,EAEaC,EAAqB,CAChC,MAAO,EACP,KAAM,uBACN,SAAU,yDACV,YAAa,cACb,SAAU;AAAA;AAAA;AAAA;AAAA;AAAA;AAAA;AAAA;AAAA;AAAA;AAAA;AAAA;AAAA;AAAA;AAAA;AAAA;AAAA;AAAA;AAAA;AAAA;AAAA;AAAA;AAAA;AAAA;AAAA;AAAA;AAAA;AAAA;AAAA;AAAA;AAAA;AAAA;AAAA;AAAA;AAAA;AAAA;AAAA;AAAA;AAAA;AAAA;AAAA;AAAA;AAAA;AAAA;AAAA;AAAA;AAAA;AAAA;AAAA;AAAA;AAAA;AAAA;AAAA;AAAA;AAAA;AAAA;AAAA;AAAA;AAAA;AAAA;AAAA;AAAA;AAAA;AAAA;AAAA;AAAA;AAAA;AAAA;AAAA;AAAA;AAAA;AAAA;AAAA;AAAA;AAAA;AAAA;AAAA;AAAA;AAAA;AAAA;AAAA;AAAA;AAAA;AAAA;AAAA;AAAA;AAAA;AAAA;AAAA;AAAA;AAAA;AAAA;AAAA;AAAA;AAAA;AAAA;AAAA;AAAA;AAAA;AAAA;AAAA;AAAA;AAAA;AAAA;AAAA;AAAA;AAAA;AAAA;AAAA;AAAA;AAAA;AAAA;AAAA;AAAA;AAAA;AAAA;AAAA;AAAA;AAAA;AAAA;AAAA;AAAA;AAAA;AAAA;AAAA;AAAA;AAAA;AAAA,0EAgIZ"}