Cohesive Capital

0 statements across 0 episodes · 3 bullish · 2 bearish · 1 people on the record · first statement May 19, 2022 by John Barber · said 1 times in 1 episodes since 2022 · across every show →

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Everything said about Cohesive Capital, oldest first

May 19, 2022 positive
Insight
Barber: Quick rejections in co-investing are almost as valuable as commitments
“Quick no's I've learned are almost as good as yes's. And people often just say, wow, that's just so awesome. You're telling us no, like this quickly without, you know, drawing it out.”
John Barber May 19, 2022 ▶ 17:26 John Barber – The Art of Co-Investing at Cohesive Capital (Manager Meetings, EP.31)
May 19, 2022 negative
Insight
Barber: Requiring unanimous investment committee votes discourages honest dissent
“Well, if you have everybody unanimous, then no one wants to be negative during the process. And nobody wants to say, I don't like it, okay, I'm good. So let somebody say they don't like it and say no. And I really thought that was genius.”
John Barber May 19, 2022 ▶ 37:07 John Barber – The Art of Co-Investing at Cohesive Capital (Manager Meetings, EP.31)
May 19, 2022 positive
Insight
Barber: When passing on deals, frame rejections around internal constraints
“We try when we say no more often than not to make it about us, not about them. We don't want to tell them their baby's ugly.”
John Barber May 19, 2022 ▶ 24:59 John Barber – The Art of Co-Investing at Cohesive Capital (Manager Meetings, EP.31)
May 19, 2022 bearish
Opinion
Barber: Commodity-oriented cyclical businesses do not work well in private equity
“I think we've decided that very commodity oriented cyclical businesses don't work in a private equity setting very well. It doesn't help that everybody also just hates oil and gas and you're better off in more nimble vehicles where you can get in at the right …”
John Barber May 19, 2022 ▶ 32:54 John Barber – The Art of Co-Investing at Cohesive Capital (Manager Meetings, EP.31)
May 19, 2022 positive
Disclosure
Barber: Cohesive Capital acquired airport snow melter Dijana doing $25M EBITDA
“We bought a company from a seventy-seven-year-old man in Port Washington, Long Island, called Dijana, now called Outworks. And his company plowed the snow and then melted that snow with proprietary melters at seven of the nine snowiest airports in America. And…”
John Barber May 19, 2022 ▶ 29:31 John Barber – The Art of Co-Investing at Cohesive Capital (Manager Meetings, EP.31)
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