MarkBabs

Family Office Investments Director | Public Markets | Private Equity

[MarkBabs @MarkBabs]

5-year treasury breaks above 4.5% yield. Monitor long-duration assets. Aside from bonds, this includes high-growth stocks due to an increased discount value and increased interest expense

[MarkBabs @MarkBabs]

@Lawyer4Deals Was doing buy-side diligence on a healthcare company once and discovered the founder had been charged with Medicare fraud. He had structured the entities in a way to avoid being found

[MarkBabs @MarkBabs]

@demeteralexx $10M

[MarkBabs @MarkBabs]

@Storage_Venture Yes, have had one for years. They are known for 1) incredible warranty (fixing even if owner at fault) and 2) holding temp steady.

[MarkBabs @MarkBabs]

@Storage_Venture Kevin, how do you remotely manage a smaller storage site? Hire part-time help that is on call, set hours, or combo of both? Thanks

[MarkBabs @MarkBabs]

@MrFamilyOffice Similar to many family offices, we look at a variety of deals. It’s ideal to know up front what investment size, where it is in the cap stack, fees, and key investment thesis.

[MarkBabs @MarkBabs]

Must have been a heck of a party

[MarkBabs @MarkBabs]

@ElliottEHolland To your point, I ran a process for a niche, high IP business where going straight to LOI would have made a lot of sense.

[MarkBabs @MarkBabs]

@ElliottEHolland It’s less about data, more about process and narrowing buyers. Management would get exhausted bringing numerous buyers to an LOI stage.

[MarkBabs @MarkBabs]

@GuyTalksFinance Consider adding covered calls on ETFs when the market runs up. Also, preferred stocks for income.

[MarkBabs @MarkBabs]

@MrFamilyOffice Regulated to protect whom? Their own capital is their own risk.

[MarkBabs @MarkBabs]

@MrFamilyOffice Have yet to see a family office investments software that was not overpriced with weak reporting. We just want to know returns by asset and forecast cash inflows/outflows.

[MarkBabs @MarkBabs]

@LPWhisperer Interested, will send DM. Thanks!

[MarkBabs @MarkBabs]

@byjackwaters Doing an hour of deep work outside of regular business hours - the focus is unreal!

[MarkBabs @MarkBabs]

@thejustinwelsh I once asked a portfolio company for their standard sales presentation -- they didn't have one, the sales people would create slides constantly.

[MarkBabs @MarkBabs]

@brandonadixon Suggest comparing tax filings with the income statements, there are often nuggets of information. Also ask for trial balance data. Then ask them to walk through each line in their income statement on a call.

[MarkBabs @MarkBabs]

Understand which marketing or sales strategies are working - most company blindly throw money at marketing with no metrics. 4/

[MarkBabs @MarkBabs]

Precisely identify your target customer by knowing the profile of customers that have the shortest sales cycle and highest revenue. 3/