Target $25M EV to Capture Multiple Expansion Gains
This should be taught in every search / ETA program 80% of value created in most successful exits is from multiple expansion (not EBITDA growth), and most of that can be explained by sourcing a proprietary deal and then selling in a competitive auction The final point is critical - the path to PE / strategic exit is extremely narrow below ~$25MM of enterprise value. Those buyers are where the multiple expansion comes from - you have to get there. Which means that if you want to make money as a search fund, you *really* need to buy a business that can get to $25M of exit value - which means $2-$4M of EBITDA at a minimum (6-8X multiple). The more you know - the data don't lie.
AI Agents Threaten Relevance of Expert-Created Courses
Do AI agents make high quality online courses from proven experts more or less relevant?
Opportunity Remains to Replicate Bobbie's Formula Market Disruption
There’s still room to do to Bobbie what Bobbie did to the rest of the formula market
SaaS Survives on Service, Not Just Software
Everyone thinks SaaS is dead. But I think we are about to find out how much is the “software” and how much is the “service”. DocuSeal has been around since 2023 (and there are countless other cheap/free e-sig options) yet DocuSign still...
Measure LTV:CAC Using Contribution Margin, Not Revenue
LTV : CAC should be quoted in contribution margin dollars, not revenue dollars Insist on margin-based metrics
Deciding Between In‑House Warehouse and 3PL? Here’s the Answer
If you want to know if you should run your own warehouse or outsource to a 3PL, this is the answer. 100% correct, no notes
AI‑driven Sunrise Alarm: Low Lux, Exponential Ramp Works
My AI use case of the day - dawn simulation 🌅 I won't lie, I struggle to get out of bed in the mornings. Someone in a forum I follow mentioned sunrise alarm lamps (like Lumie or Hatch) that gradually brighten before...
AI Is Inflating Online Writing, Undermining Quality
Thanks to AI, every piece of writing online now is far too long Entire email newsletters that were clearly expanded from a tweet, 5 paragraphs to say the same thing over and over Text is cheap so people have forgotten that quality...
Codex Excels at Coding; Claude Code Shines for Agents
Codex is straight better for software development Claude Code is better for agents / everything else
Unexpected Wet Wipes Business Offer on FB Marketplace
Wild what you can find on FB marketplace Anyone want to start a wet wipes business? https://t.co/tGgoiC8P2A
Love Daily Content Creation? Essential for DTC Success
If you don't enjoy making, buying, and iterating on content like this every day Don't launch or buy a DTC / consumer brand It's table stakes if you want to win
Prediction Markets See 75% Chance Oil >$130, Equities Possibly Mispriced
Wait - Prediction markets are pricing a 75% chance of oil $130+ by the end of the year, and a coin flip it's $150+? I feel like if that's true, equities are not correctly priced... https://t.co/GkFbvHEOZp
Enterprise Domain Management Requires Strict Renewal and Security Processes
Hive mind - how do large enterprises manage their domains? I'd love to talk to some IT leaders - what processes ensure https://t.co/VFOQyhfres or https://t.co/kuiRO5DwUb or https://t.co/N7kgQgrxQy doesn't expire, or get socially engineered into a redirect or transfer?
E‑commerce Ad Spend Loses Cash‑back as Platforms Ditch Credit
Devastating news - the ecommerce points game is over. Amazon was the last ad platform taking credit cards. Meta moved everyone to invoicing last month. Google did it last year. Millions of $ of monthly ad spend that was earning 2% cash...
Rising Amazon Fees? Just Buy More AMZN
Every time Amazon raises your fees, just buy some more $AMZN stock You should have realized by now how good their business model is - they just keep raking fees from sellers but you have nowhere else to go Just buy the...