What if Constellation Software pivoted to sub shops, sand, and socks? What if a programmatic acquisition strategy had no underlying business logic or synergies? What if we invented self-funded search from first principles and took it public? What if the 2021-vintage SPACs never really went … Continue reading Teamshares: The Washington Generals of Consolidations.
Tag: finance
Nobody would be that stupid? Tri(color) us…
Over the last few months, there have been some unexpected and spectacular collapses – Sonder getting rugpulled by Marriott, First Brands promising the same receivables to multiple different factoring firms and generally doing shenanigans…no shortage of stuff to dive into. But the Tricolor Auto collapse, … Continue reading Nobody would be that stupid? Tri(color) us…
Why Do Investors Make Great CFOs / Internal Finance Professionals?
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 … Continue reading Why Do Investors Make Great CFOs / Internal Finance Professionals?
Danny McBee 