Brown: Small Acquisitions Usually Need External Presidents for Financial Leadership
Mike Brown · Teamshares IPO: $60M EBITDA, 92 Companies, Zero Exits · More or Less Podcast · Jun 17, 2026 · at 14:36
Mike Brown, CEO and co-founder of Teamshares, explains the company's operating model when buying small businesses under $2M in EBITDA.
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“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 need to sort of hire an external president”
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