small businesses

3 statements across 2 episodes · 0 bullish · 2 bearish · 2 people on the record · first statement Nov 10, 2023 by Sam Lessin · across every show →

Everything said about small businesses, oldest first

Nov 10, 2023 negative
Opinion
Lessin: Sub-$20B businesses are shut out by both banks and venture capitalists
“Small businesses you know, things that aren't, can't be public company, twenty billion dollar public companies ever are very poorly served by everyone right now because banks won't lend to them. And you know, there's no capital for them and venture capitalists…”
Sam Lessin Nov 10, 2023 ▶ 50:41 #22: Your GPT Will Make More Money Than Your Substack? Please Tell Us More… · More or Less Podcast
Jun 17, 2026 bearish
Insight
Brown: There will never be enough buyers for retiring small-business owners
“And the Eureka moment was that look, this is a supply demand equation. They're just never going to be enough buyers for these businesses.”
Mike Brown Jun 17, 2026 ▶ 9:30 Teamshares IPO: $60M EBITDA, 92 Companies, Zero Exits · More or Less Podcast
Jun 17, 2026 neutral
Insight
Brown: Small Acquisitions Usually Need External Presidents for Financial Leadership
“In the smaller businesses sort of like up To a million or two. They're not generally someone who's ready to take on the financial responsibility for running the business. And that's why externally four out of five, three out of five businesses, you know, we ne…”
Mike Brown Jun 17, 2026 ▶ 14:36 Teamshares IPO: $60M EBITDA, 92 Companies, Zero Exits · More or Less Podcast
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