For a PE investment, you need a positive 15-year time horizon for the target company:
0-5: You own it.
5-10: Your buyer owns it.
10-15: Your buyer's buyer owns it.
--> So, 15 years because you need a buyer who can see a pathway to exit.
For a PE investment, you need a positive 15-year time horizon for the target company:
0-5: You own it.
5-10: Your buyer owns it.
10-15: Your buyer's buyer owns it.
--> So, 15 years because you need a buyer who can see a pathway to exit.
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