The Best Time for PE
October 21, 2022
by a searcher from Dartmouth College in Los Angeles, CA, USA
While many businesses are bemoaning poor market conditions affecting their raise or high-interest rates eating away at profits, this downward spiral benefits our industry.
When you think about what is down--real estate, stocks, bonds, and gold--what do you have left: profitable businesses you can buy more cheaply with the slashed MRR multiples.
When I pitch someone on being a deal LP and they're on the fence, I lightly push back by asking what else do you intend for the cash that will earn a return. The deafening silence often gives away to a change of heart and a soft commit.
from Harvard University in New York, NY, USA
Good luck with your capital raise!
from Dartmouth College in Los Angeles, CA, USA