Annual Budget For Searching
Annual budget for searching: Rent: $0 (home office) CRM: <$2k (e.g., Sevanta, Pipedrive, Hubspot) Email augmentation: <$1k
2025
156 posts
Syndicate vs. Anchor
Equity raises are (i) syndicated or (ii) anchor-led: (i) Independent sponsors usually prefer to syndicate equity from 5-10 minority investors.
Why 30% IRR Is Needed
"Why do I need to show 30%+ IRR in my base case?" A high return is needed to
Minds Capital Happy Hour
This was our fifth Minds Capital Happy Hour this winter (Dallas, Orlando, Saint Petersburg, Washington DC, Houston) where we have
DOGE, an SBA(7)a killer?
SBA 7a loans weren’t meant to subsidize lower middle market private equity. They weren’t meant to serve as
Exponential Growth in Independent Sponsors
The independent sponsor space is growing exponentially. # of sponsors (📈) x $ size of deals (📈) #: Barriers of entry are low -->
Start with Capital or Deal?
"Should I start by finding capital or deals?" It's much easier to find capital than good
Lame Duck Deal
definition: lame duck private equity deal (noun) A "Lame Duck PE Deal" refers to a private equity investment
Continuous Base Cases Are Best
The closer your base case is to “just do more of what we’re already doing”, the better. If a
Experience = Conservative
Experienced serial sponsors tend to present more conservative base case scenarios than first-timers. • They already have investor relationships who don’
Viral ad for Minds Capital
I'm attending the McGuireWoods Independent Sponsor Conference in Dallas this week (Oct 15-16), hosted by Jon Finger, Jeffrey
To the porn stars in my network
To the porn stars in my network: I recently met a tax strategist for adult movie actors. I'm
