Sean Spellberg

@babarganesh Remote

@seanspellberg location?

I’m looking for builders on Codex. People who can sit next to me and turn messy operational problems into working software. You’d be helping me build tools across a scaled healthcare platform - automation, data pipelines, workflow systems, AI tooling, decision dashboards.

@atelicinvest Thank you🐊king!

I just chatted briefly with Sean about the oppt and it is as good of a shot as you will get. Real impact to someone who's feeling deep pain and is ready to go. There's gotta be a dissatisfied SWEs/vibe coder supremes who can absolutely fly in this role.

If this sounds interesting, reach out. sean.spellberg@pinnaclehomecare.net

This isn’t a typical consulting role. It’s closer to a builder-in-residence model. You’ll see the problem, design the solution, and deploy it. Open to different structures: consulting, project-based, or ongoing collaboration.

@SBA_Matthias Core issue is SBA lenders target 70-90% LTV so the layer of 2L you can provide is too skinny to make the math work. Either dollar returns are too low or debt service is too high. Happy to catch up again if you have further questions. Looked into this fairly extensively.

At this time we are in the exploratory phases on this and there isn’t anything set in stone as to if this will be launched since it depends on the answers to 1); 2) and 3)

Expanding on this a bit further for those not familiar with the idea Under the current SBA lending guidelines, banks have the ability to extend up to $5 million through the SBA 7(a) loan program to business buyers that are seeking SBA financing to buy a business

@RebeccaCoelius @plutoloans is building this. Let’s talk!

Are you bootstrapping in healthcare? I would love to talk to you. Bootstrapping early stage until you are ready for a growth round is a current darling concept in mainstream tech, but I admittedly don’t see many examples in healthcare (outside clinicians starting private practices). Possibly bc of the unavoidable ops costs and long sales cycles in most businesses? Wondering if there is a “bootstrap lite” financing and/or low equity take studio structure needed in our industry.

@coryDwake Home health is a core focus for us at @plutoloans. Would love to chat sometime and share what we’re seeing in the market!

Home health is an extremely tough business with profit margins as low as 3.4% - 4.9% for some of the biggest players. Demand is accelerating, but the business model has very little operating leverage. It's a hamster wheel where almost all incremental revenue requires additional staffing costs, and high caregiver turnover means it's a race to the bottom as providers outspend one another to keep staff. On top of that, Medicare is contemplating rate cuts and managed care penetration is driving margins down (MCOs pay less than Medicare). Important work, but an extremely tough business.

@joepohlen Joe - would love to help if we can. DMs open!

The mob offers better rates than some of these private credit funds.

@AboveAvgOdds I can’t wait for Switch 2!

The 3P AAA snowball for Switch 2 is going to have a profound impact to the bottom line - amazing how many miss this given the pure margin incrementals $NTDOY Nintendo’s 10-Year Deal With Microsoft Covers All Future Activision-Blizzard Games exputer.com/news/industry/…

@rex_woodbury Highest grossing IP. And you could argue Pokemon is STILL under monetized.

Highest-grossing IP in history—curious what's not on this list that will be in 10 years 1. Pokemon $110B 2. Hello Kitty $89B 3. Mickey Mouse $83B 4. Winnie the Pooh $81B 5. Star Wars $70B 6. Mario $48B 7. Disney Princess $46B 8. Anpanman $45B 9. Marvel $38B 10. Harry Potter $33B

My core takeways are that Nintendo’s revenue mix shifts over time to software revenue, and gross profit mix will shift as well. However, I do not assume a significant gross margin ramp for conservatism.

Supporting this revenue growth are i) higher adoption and device sales, ii) new content releases, and iii) Improved semiconductor availability.