I saw an infographic floating around last week with the 2021 vintage of PE-backed consumer IPOs, suggesting consumer IPOs were a private equity firm offloading a loser onto you, the public shareholder. As you might expect, given how sugar-high the investing environment was at that … Continue reading Local success, national question mark: Portillo’s expansion and IPO
For normal people, the week between Christmas and New Years is one where they see family, vacation somewhere warm, or chase their kids around. Me? Apparently, I dive back into franchising rabbit holes. December has been a month for orange (and not, not because I’m … Continue reading Death before (dis)Honors? The Confusing Chapter 7 Filing of Honors Holdings.
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 