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37.6K posts


@shots_goal @artlevy This is horrible advice.
The advice should be (1) find a bank that does sub $100M deals that focus on your sub-sector and (2) negotiate the Fee from 4% to 1% that scales with deal size.
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@artlevy Interesting take - even at smaller TEV’s wouldn’t you want to hire a bank to run a competitive process? Assuming you don’t know the entire buyer universe and also aren’t a former IB/PE yourself, it’s difficult to launch and sustain a competitive auction
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@callmehouck @Davidjpark96 Why are you attaching multiples to early-stage companies? That’s not how any good VC values a pre-Series A company.
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@Afterma14189755 @rsg Your view of new housing is “how will this impact my properly value” lol. How would you view new housing if you didn’t already own.
Ppl are making $500K / year here and still can’t afford homes it’s comical.
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Conversely, my house in SF has also made incredible gains over the past 20 years. Admittedly, SF, a geographically small 7 mile X 7 mile City run by a NIMBY-mindset firm years resulting artificially small, expensive, supply.
That being said, I’m absolutely in favor of developing affordable housing in SF, elsewhere, just not sure deliberate oversupply is a sustainable model for owners or developers. Or taxpayers, when it cost $1M per door to build low income housing.
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There’s more high-rises under construction in Miami than every city on the west coast combined
Growth with continue to flow to cities where their politicians don’t fundamentally resent growth
Ryan RC Rea@volvoshine
There are more high-rises under construction *in Miami* than on the ENTIRE WEST COAST 👀😂😭 @ana_analytics_ @FrancisSuarez
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@emilmichael @paulg @DavidSacks Bill forced another Benchmark partner to cancel the firms partner meeting w/Rippling Series A because he’s poker buddies w/Sacks and “heard bad things”.
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@zebulgar @FrancisSuarez The list has a ton of really good investors but this def not really objective. Never has been.
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The most objective list of the best seed investors is Midas
In this year's Midas seed list, 4 of the top 11 investors are in Miami
Capital first, then founders, then talent, that's how we build a massive ecosystem
cc @FrancisSuarez

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@ColinCowherd What happened to your little Twitter bit of “good news?” Tired of posting uneducated biased “sources” about Joe Biden’s America and getting absolutely taken to school every time? Fraud.
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@CasinoCapital @Restructuring__ (1) You’re not literally working the entire time but you are you in the office/online, (2) you can do 90% of the work without thinking at all, (3) most of my analyst class was on adderall
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@Restructuring__ 120hrs a week = 17hrs+ every day for 4 weeks?
Even if you literally lived next door to the office, I don't know how you'd function on 6hrs sleep a night.
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BOFA FIG ASSOCIATE DEAD TODAY
“He served as a green beret officer for about a decade and then went through BofA’s Veteran Program last spring, placing out as an IB associate in FIG.
His first M&A deal got announced this past Monday. It was a combo of a buyside M&A deal + lead left for a follow-on equity offering to support the transaction. Folks in his group said he was pulling 120 hrs / week for four weeks straight and drinking excessive amounts of energy drinks to stay awake. “
“Left behind a wife and a kid”
Absolutely tragic, guys remember this is just a job and at the end of the day, we’re all just moving money from / to the same companies / investors.
No worth deteriorating your health, let alone your life and family.
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@the_P_God @HESaBSG Leak the email chains - VP, ED, MD probably chasing 24/7 and couldn’t care less Jrs. are working 100+ hours.
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