Too many people buying small and midsize businesses are falling for the nonsense being pitched to them by sellers and their representatives. Even worse, we're seeing so-called business appraisers, in their reports, totally ignoring the valuation effects of Covid. And, double worse, some lenders, in their rush to approve unrealistic loans are further putting buyers at risk.
Examples re Peloton and Zoom: https://www.nytimes.com###-###-#### business/peloton-zoom-stock.html
Wanna see me pop the bubble? The nonsense being touted by people trying to sell their businesses? I'll do it in my next e-news. (You'll also get a link to my new video: "Q&A for Pre-LOI Due Diligence.") Get my e-news: https://tinyurl.com/4565rz3j