TeamShares

“One great example is a company I'm very proud of having seeded is, you know, as the first investment called team shares, which has bought like on the order of a hundred small businesses and is growing super quickly.”

“Build market trust and work towards issuing over the long-term sort of issuing bonds, right? That's the end sort of financing goal for teachers, right?”

“We think the permanent ownership is good for team share shareholders. We think it's good for the businesses themselves to not be for sale. And these are the promises that we're making when we go and, you know, look an owner in the eyes that we're going to buy …”

“So we, you know, and now we're, I'm talking to you on the eve of you guys being publicly listed seven years in.”

“Our tax returns longer than Berkshire Hathaway. Like, this is the third, there are like almost a hundred subsidiaries in this company, right?”

“We put out a forecast, right, to go from nineteen million of corporate EBITDA. So there's, like, segment EBITDA, right, so it's just sort of roughly, you know, sixty million, but then after our parent overhead of 90 people that, you know, propelled the machine…”

“After our parent overhead of 90 people that, you know, propelled the machine towards thousands of companies, it's nineteen million of EBITDA on a performance basis last year, 20, 25.”

“By default, all cashflow comes up and again, employees benefit because of the dividends, all that stuff, but cashflow comes up and then to invest back for growth, that's a reallocation decision. And there's a separate sort of reinvestment committee that's Alex…”

“We focus now on sort of, you know, half a million to five million of EBITDA businesses.”

“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…”

“You could build a quote venture style portfolio, I think around the 200 K kind of EBITDA company. That sort of size of profile. That's not what we're trying to do. We're trying to have real consistency, predictable financials.”

“And then on the transaction side up front, it's all the sourcing, you know, 75,000 leads per year of actually for sale businesses, the valuations, the LOIs, the legal documents, that there's a human process.”

“Now over 80, over 80% of our present hires work out, which we think for hiring leaders, we think that's a very strong track record.”

“We don't think that there's a revenue challenge today for any business that team chair zones, like literally not one.”

“90, 92 and about sixty million of consolidated EBITDA from the segments. From all the companies.”