Social•Mar 1, 2026
Bootstrapped SaaS Thrives on Trust, Not Code
Gah such a great take. I don’t invest in large SaaS plays, but on the micro end, especially for bootstrapped founders, it’s still a fantastic place to build.
By Travis Jamison
Social•Mar 1, 2026
KKR Founders' First Capital and Early Investor Snapshot
A great one-page overview detailing the KKR founders’ initial capital contributions and the investors they raised from to finance their first leveraged buyouts. https://t.co/JQxW7mzQhZ
By Mike Markus
Social•Feb 28, 2026
Capital Comes Last: Build Board, Seller, Structure First
"You need money to buy a business." False. What you actually need: • A credible board (free to recruit) • A seller motivated to exit • A structure they say yes to • 1,000 cold calls worth of persistence Capital is the last variable. Not the first.
By Josh Li
Social•Feb 28, 2026
10 Cash‑
. @Travis_Jamison is sharing his story of doing 10 acquisitions in cash-flow-positive, profitable lower middle market businesses, with some deals projected to have an IRR of 25% or more. The best part: he is only getting started. These last 10 deals...
By Mike Markus
Social•Feb 27, 2026
Opaque Private Debt Markets Reveal Growing Financial Fragility
Private debt markets have been struggling for some time. These are nonbank lenders, largely in the private equity space, although they do rely upon bank credit. This is one of many fragilities in the financial market and the economy more...
By Diane Swonk
Social•Feb 27, 2026
JPMorgan, Not Stripe, Seen as Viable PayPal Buyer
.@ShenLucinda argues that Stripe isn't a logical buyer for PayPal. But JPMorgan may be. https://t.co/5mg3m05s44
By Dan Primack
Social•Feb 27, 2026
Company Secures Record Private Funding Amid Cofounder Lawsuit
Remarkable that a company raises largest private round ever, while in the midst of being sued by a cofounder who also happens to be the world' richest man.
By Dan Primack
Social•Feb 27, 2026
Revenue Growth Trumps Profit as Companies Form Interlinked Borg
I take @sama point on circular dealmaking concerns -- that the revenue growth is key metric. And will leave profit concerns for another day. But also true that these companies are becoming something of a borg. If one goes down, it's...
By Dan Primack
Social•Feb 27, 2026
Banks Fund Equipment, Not Your Business Goodwill
"Most commercial banks will lend against machines & equipment... Do you know what the bank won’t finance? Goodwill… the intangible value of the fact that you’ve built up a great clientele" –12 Things to Do Before You Consider Selling Your...
By David C. Barnett
Social•Feb 27, 2026
Ellisons Pull Off Record LBO of Warner, CNN
The Ellisons nab Warner and CNN in the biggest leveraged buy-out in history. Who's going to run it? https://t.co/KOQeZ3NQTy
By Claire Atkinson
Social•Feb 27, 2026
Master the ‘Exit’ Strategy to Sell Your Business
This small ‘E’ word secret will help ensure that you’ll be able to sell your business one day. It’s easy, but most never do it. https://t.co/riUdLIn5K2 #SmallBusiness & Deal Making #SMB https://t.co/qh1kcfQ0Jf
By David C. Barnett
Social•Feb 27, 2026
PE Shifts From Legend Deals to Low‑Margin Rollup Frenzy
PE in 2009: We tried to be legends but got jammed (Caesars, NXP, IntraWest) PE in 2026: Wheels are coming off our janitorial, car wash, dental clinic and gritty Glengarry glenross-esque insurance brokerage rollups. One fund spotlights PEs problems https://t.co/O0PB4vXT6T
By Antoine Gara
Social•Feb 27, 2026
Add Inventory to Valuation only if Working Capital Requires It
When valuing a business using a cashflow multiple (SDE or EBITDA), do you ADD inventory on top of that price? Answer: Sometimes yes. Sometimes no. It depends on how the working capital actually functions.
By David C. Barnett
Social•Feb 26, 2026
Paramount Ups Bid, Netflix Faces Critical Decision
Axios Pro Rata on Feb. 11: "It feels like the next act already has been written. The 'Davids' get over themselves, Paramount raises its bid and then Netflix has a decision to make."
By Dan Primack
Social•Feb 26, 2026
Warner Says Paramount Offer Outpaces Netflix, Challenges Sarandos
WBD says Paramount bid > Netflix. Mr Sarandos, the ball is now in your court.
By Dan Primack