ARE THERE ANY SEARCHERS/OPERATORS WHO HAVE USED ROBS WHO CAN CHAT?
I've looked through prior ROBS posts and almost all responses are from lenders and financial advisors. Very few searchers/operators seem to have responded.
I'm planning to close on a target in August and think this might be a piece of the funding strategy for this acquisition. At this point I think I'm quite knowledgeable, but I just don't know anyone who has used this (and that worries me).
Like any type of financing, I do know this is not the right fit for all situations.
Would love to chat with someone who has actually used ROBS who is either running or has exited their investment
- Why did you use ROBS?
- How did you get over the consideration of offering employees equity? Did this turn out as you expected?
- Were there any restrictions that you wish you had known in retrospect?