-
As someone who has worked in investing for a decade and met hundreds of management teams (from Series B to large-cap PE and across most industries), I’m continuously shocked at how few CFOs have investing experience, and even fewer CFOs of investor-backed businesses build teams with this background in mind. To the point where it’s…
-
Picture it – it’s a holiday travel weekend. You’ve braved the stress of getting to the airport on time, the TSA lines, and being in a tight space with 150 strangers for a few hours. Relieved you’re a big step closer to your final destination, you make your way through the terminal and arrive at…
-
We’re one quarter into the year. With that in mind, I am taking stock of my progress against the goals I set out at the beginning of the year: Professional: Assess long-term interest in healthcare: I continue to think I am more “situation-oriented” than specific “mission” oriented. The “who” is more important than the “what”…
-
A couple weeks ago, Thrasio declared bankruptcy. The largest Amazon aggregator, it raised over $3 billion of debt and equity at a valuation that was rumored to be approaching $10 billion. Blue chip investors led the financings, including people who typically go for businesses with proven models– Silver Lake, Oaktree, and Advent International – not…
-
Thoughts on motivation, talent, fund spinouts, and “the chip” “If you can’t join them, beat them” is a phrase I think about a lot. Motivation can come from a lot of places, and I don’t think there’s anything wrong with going through life with a big chip on your shoulder, as long as it doesn’t…
-
Another news day in restaurant / franchise land with an ETA angle – you know I’m there. Restaurant Brands International (“RBI”), franchisor of Burger King, Popeye’s, and Firehouse Subs, announced today that it was acquiring Carrol’s, its largest franchisee with over 1,000 BK lounges Burger King locations and a handful of Popeye’s, for a cool…
-
At the beginning of the year, I wrote three simple goals in my notebook. For the sake of accountability, here’s my end of year assessment on each of them: Verdict: Denver is “above the bar” but it’s not perfect. I’ve enjoyed things being car-friendly but not cookie-cutter, getting more space for the money, and the…
-
While stuck in traffic on my way home on Friday, I listened to this excellent interview of Joel Peterson on Think Like an Owner, one of the best entrepreneurship-through-acquisition (ETA) podcasts out there. I had the privilege of having dinner last year with Alex Bridgeman, who runs the podcast – he’s a super inquisitive guy…
-
Over the last few years, we’ve seen unexpected shortages of formula, Sriracha, and eggs, all of which have been highly observable on grocery store shelves. Less observable but still impactful to the American economy has been the shortage of accountants. As fewer students study the field and more workers burn out or age out, the…
-
Like many people, I used business school as an opportunity to have conversations with alumni who took interesting career paths. One of the most memorable conversations I had was with the CEO of an independent craft beer brand, who noted that an increase of HBS alumni interested in a career path was often correlated with…
-
Subscribe
Subscribed
Already have a WordPress.com account? Log in now.
Danny McBee 