This is a kind offer

When do you know it is time to say "No" in a deal?

I’m two portfolio company exits away from deleting my LinkedIn. Can’t wait!

The problem with distressed mezz deals is that it is not worth operating a troubled deal at a greater than market multiple. Yeah I get it’s a free ride for me, but since I know what I’m doing I’m buying in to a troubled company above market value. Why would I do that?

The most important thing is turnarounds is instilling a sense of urgency. Most troubled orgs severely lack direction and pace.

I’ve looked at many distressed breweries and the money was always in the tap rooms. The production and distribution margins make it a bar bell business where many die in the middle.

Agree a 100% with this. Most people would just prefer a cash bonus based on the things they influence mixed with company performance

It’s just astounding watching my city on fire. This Palisades fire continues to find ways to grow and endanger communities that aren’t even in the wind direction. LA leadership must change post this tragedy. An intense focus must be put on how we mitigate future fire damage. A

Quite possibly the dumbest thing said on this website.

One thing I learned this week while evacuating from the fire is how hard it is to find a hotel that will accept pets. Shout out to Motel 6 for being accommodating!

I love the saying "Making it harder doesn't make it easier." Applies to so many things in business and life. Sometimes we create stories about other people and how they are making something difficult for us, but the truth is we cannot control them. We can only control us.

Software companies need to understand each new feature has less value than the prior features. At some point, the best use of resources is more sales and marketing not more features.

When I was the CTO of a BigCo, I got sad one time I got a big raise and my wife asked why. I told her I feel like the more I’m paid the harder it is to pursue my dream. I see this play out all the time with mba’s, ex-bankers and such. Understanding Opportunity Cost is the

One of the things about HoldCo life in the non-ZIRP era is learning treasury management. Transferring money around is a huge pain so I tend to try to optimize inside the bank's product set. I am loathe to delegate since its sensitive info but probably should do it.

I’ve helped many become CEOs or VPs. What always fascinates me is which grows first—their sense of responsibility or their ego. One builds trust. The other breaks it.

I’m fine with calendly. Don’t understand why it bothers others so much. I don’t use it personally and if I schedule with you on it I’ll probably change the time/date at least once, but it doesn’t offend me like so many others.

There are people out here submitting 7x LOI’s on a chain of $1mm ebitda karate studios. WTF

One of the issues for LPs investing with young GP’s is a lot of them just walk when things get tough or they just get bored and want to do something else.

I’m just happy to hear from a friend and know I can help them. Yes, there are those who try take advantage at times I just tell them I can’t help them.