This is the difference between a profitable poker player and a bankrupt poker player.

Why don’t we see this comp package more with public company CEOs? Who else is similar? Elon. GameStop guy, right?

For the past three years, I’ve been extremely careful about putting my phone number on forms, websites, etc. I don’t even include it in my email signature. It greatly reduced spam calls. A week ago, I signed up for Ramp and had to put my phone number in to get a verification

The tariff line got me.

I am an LP in a fund whose thesis was to make acquisitions across a variety of industries in the SMB space ($1.5–5M EBITDA). The fund launched ~12–16 months ago. Its first acquisition has been a massive success. Organic growth has been strong, and it has executed multiple add-on

Surprised by this. Marcus is entering the “consolidate all services into one for homeowners” space. You’d think he, more than most, would understand the execution challenges. It’s nearly impossible….especially given the CAC just to acquire a customer, let alone service them

What is something you’ve done a deep dive on recently?

Quick mental process I run through before making changes in a company... 1. Some variation of - why do we do what we do currently? 2. Is this change reversible? 3. Will this improve the product/service our customer receives? Will they know? Will they recognize the increase?

This is a great interview. Great insight on leadership, turnarounds, and what a leader truly is.

Guild Garage just sold for 16x. $800 million on $50 EBITDA Launched in 2024. Initial raise was $30, according to wots. Did ~30 acquisitions. Sheesh.

I've had hundreds of people email me over the last few years, seeking advice on a landscaping business they were looking to buy or the industry in general. I wonder how many actually acquired one? I wonder if I assisted anyone in taking the leap based on my comments? I wonder if

My wife just said the Super Bowl is a concert, with a football game played before and after.

What are market multiples for electrical companies? 80/20 commercial to residential 80/20 install to service What are buy ranges for <$1M, $1–3M, and $3–5M EBITDA? Southeast

When doing acquisitions in the SMB space, something often overlooked is the amount of talent you can accumulate through acquisition - relative to your ability to hire someone of equal skill, knowledge, and experience. When I evaluated targets, I looked at their ownership and key

Rick Rubin hosts a podcast called Tetragrammaton. It is very good. He is an excellent interviewer (not surprising) and gets people to really open up. When things start to sound complex, he asks clarifying questions and has the person explain in simpler terms. Big fan.

One of the most fascinating businesses I looked at over the last two years was an OFS business in the O&G space in Texas. Insane margins. Insane growth. It absolutely printed money. Very volatile though - you have to navigate massive ups and downs in the industry, unrelated