@xoreniii is really one of the most interesting people to chat about personal finance with!!! Thoroughly enjoyed having her on @Squord1 podcast 🎙️ 💯
https://t.co/frI0NTmR6y
Energy in Transition podcasts just keep raining down. Listen to how Michael Kearney of The Engine thinks about early stage energy transition investing, new technologies and new companies. He thinks in decades not years. Fascinating! @enginexyz#EFT#OOTT
https://t.co/xhMK2FxIIt
Another deal intro for SMB Twitter!
Niche vertical SaaS business doing $4-5M ARR. Owner is looking for a minority investment to accelerate growth of the company.
Send me a DM and I can make an intro to the owner.
An entrepreneur working with SIG is set to acquire a business with $3.3M of EBITDA in the next 30 days. All the equity and debt has been lined up. He’ll walk away with 65% ownership in the business!
Life changing!
Our @TS_ecomobility accelerator is the perfect opportunity for entrepreneurs who are passionate about building products and services that empower underserved communities.
Now that the scenario is more realistic you see that the founders come out pretty strong, earn some salary along the way, & change lives of their employees, customers & investors 🚀
Imagine having 4 cofounders at a VC funded startup 🥹
Selling for $100M
Diluted to 10% ownership by VCs
Tax takes 50%
Go home with $1.25M cash after 6 years working 7 days a week 12 hours per day or $47/hour
Many people on Upwork make more than that!
Its easier to raise $30m than it is to sell a startup for $30m. The technical, financial, legal, commercial dd will be like 500+ line items. Documents you've forgot about you'll have to go & find before closing. Approvals you didn't know were needed will be sought. Plenty wahala.