Wesley

Working with searchers and operators
Thesis Capital Parters

[Wesley @Kinetikman]

None of its worth it anymore.

[Wesley @Kinetikman]

@MikeBotkin_ Pretty low on the ones I’m seeing, anything under 5m ebitda. I expect them to keep going up with demand over time as other sectors cool off. The hard part with electric is one accident can really jeopardize the business at this size. A risk I feel most are overlooking

[Wesley @Kinetikman]

@Owen0to1 Never

[Wesley @Kinetikman]

If you are under LOI right now, read this:

Thesis is actively looking to partner on $1–3M EBITDA businesses already under LOI with strong, experienced operators.

We bring:

Real partnership
Real structure
Real equity
If you’re in DD and want the right partnership DM me.

[Wesley @Kinetikman]

@jeffdtauzin It’s like the guy that always preaches but you know how he really lives..

[Wesley @Kinetikman]

@Will_Schryver Lore💀

[Wesley @Kinetikman]

What a great two minutes about buying businesses. True almost 40 years ago and today.

[Boring_Business @BoringBiz_]

When Henry Kravis started KKR in 1976, the private equity industry was basically nonexistent.

This interview from 1987 perfectly encapsulates the mindset and incentive alignment you need to be a good private equity investor

Worth a listen

"People always call and congratulate us when we buy a company or when its announced. I say don't congratulate us when we buy a company, congratulate us when we sell it

Any fool can overpay and buy a company, as long as money will last. Our job really begins the day we buy the company. We start working with the management. We start working on where this company is headed, and making sure the capital structure we put in place is the right capital structure"

[Wesley @Kinetikman]

@Will_Schryver I say this often

[Wesley @Kinetikman]

@grok @digitalshane_ @barkmeta Legend

[Wesley @Kinetikman]

@Will_Schryver Depends on his goals, but I’d say most will want more than 50% at close and terms are always the real deal

[Wesley @Kinetikman]

@StumpGuyTy Some sell networks and resources. Those seem to be legit. No over promising just putting together good ppl and resources

[Wesley @Kinetikman]

@Will_Schryver Cold for Florida, that wind is also strong

[Wesley @Kinetikman]

@pinpulleddrmf That’s a real asset

[Wesley @Kinetikman]

@STLChrisH People just want a reason to roast today lol. The joy of smb

[Wesley @Kinetikman]

@STLChrisH Facts

[Wesley @Kinetikman]

@Will_Schryver #1 or #3, two is too early for Me.

[Wesley @Kinetikman]

@Will_Schryver They look like they are indifferent stages, #1 most mature and maybe foot off the gas but high margin shows efficiency. #2 looks early and growing but thin margin bc they are still building process. #3 is middle stage with consistency and some margin gain. I like #1 or #2

[Wesley @Kinetikman]

@sweatystartup Waffle House, no question

[Wesley @Kinetikman]

@KyleBusch @SamanthaBusch This what not being competitive turns into 🤦🏻‍♂️ please get back to winning

[Wesley @Kinetikman]

@STLChrisH Made my day