private equity

“Venture capital companies themselves become disrupted, because there is so much money. Then, what used to be a really interesting five million dollar deal, as you get so big, five million dollars just doesn't, isn't worth your while. And so, they go, they beco…”

“Working in a private equity-backed business is like working for an Olympic fitness trainer, right? They're not your coach. They're the people that are going to beat the crap out of you and make you stronger, faster, smarter, etc.”

“Most of the investment in private equity and the food and beverage space is going to initiatives that only benefit the one percenters”

“This one is called the holy grail of investing, and it's really based on the fact that for, you know, the last 35 years, as I'm sure you know, the S&P has been up, what, 9.2, and the average private equity has been up 14.2.”

“I see, like, the next evolution of private equity being possible where small businesses can leverage technology to basically, like, automate parts of their services organization and then go and use a better business model to acquire other small businesses.”

“Buying one of these small companies that I just described, like isn't actually like that expensive of an endeavor. And if you can do what I'm talking about, you impact earnings and all of a sudden, like the first one, two or three, maybe you don't immediately …”

“So there, there's nothing about what they do that would make them good at what we do. And there's nothing about what we do that would make us good at what they do. So like, I think, you know, we'll never get into that realm.”

“Essentially all of the remaining old media properties that don't figure out a way to adapt to the new world are gonna, you know, they're, you know, gonna get basically run by private equity and that'll be that.”

“I personally expect the returns from private equity in the ground to be disastrous. Because so much of exposure is to enterprise software, and this does not mean that enterprise software companies are going out of business. Far from it. It means that the prosp…”

“If you look at Cambridge data, the average venture return over the last 10 years is one to two x net. You will do better in private equity. You'll definitely do better in the public markets. You don't need to lock up your money for 10 years.”

“You can't just throw an operating partner at the company and say, let's put AI on it. It just doesn't work. You need to completely, and if you have, by the way, if you do have a founder mentality at the management team, like, it is possible, but the board has …”

“Exits in venture now way exceed private equity.”

“Even private equity today, when they're doing a new investment, they're looking for something that's AI native. They're not looking to buy a workflow software company growing 10% that's seed based. Like, that's just not happening.”