"Step-up equity"
"Step-up equity." Self-funded searchers use this term erroneously. They claim that if you inject 100% of the equity,
Fundraising
79 posts
Always disclose yellow flags ⚠️
When creating an investment memo, you might be tempted to think that not discussing risks (yellow flags) makes for a
PG vs. Skin in the game
Yes, a personal guarantee qualifies as “skin in the game.” It will keep the searcher engaged. However, “skin in the
Diligence vs. Fundraising
There is an inevitable conflict of interest between (1) diligencing & negotiating a deal and (2) raising capital for it.
Searcher & Sponsor Conferences
Searchers and independent sponsors: Here is a list of the relevant conferences for you (click link in the comments below)
UpWork for CIM-building
If you're a business broker and make a living selling companies, how come your sales prospectus for target
Get in upfront
Major recaps aside - it’s just about impossible to buy into an SMB. Every now and then I’ll
