260 - Announcing: Minds Capital
Today's episode is an exciting one for me personally. I brought on Niklas James and Max Lummis, my 2 partners in Minds Capital, a fund we've recently launched to invest in the deals of searchers & sponsors. This is the formal announcement of a project one year in the making. Now I didn't want this to just be a self-promotional episode, so we make a point to discuss Minds Capital in a way that is valuable to you. We talk about: how a fund comes together, why we would want to raise a fund, what it was like to ourselves raise money from investors (the LPs), how the perspective as an investor differs from that of a business buyer (listen closely there), why small acquisitions are hard for a fund to invest in, and much more. As you'll hear me say at the end, I'm thrilled to be partnered with Max & Niklas, who have years of experience and relationships in our space, but just as important, if not more so, 2 individuals I consider of the highest caliber. To learn more about what we're doing, or if you have a deal under LOI that you're raising money for, see MindsCapital.co. OK, please enjoy this conversation with Max Lummis, Niklas James, and me, the 3 general partners of Minds Capital: Listen on Spotify Listen on Apple Or, listen to the episode in the player at the top of the page ☝️☝️