Insight certainty 4/5 debate potential 3/5

Good cash-flowing businesses rarely fail, but great companies often do

David Horne · Startup Acquisition Stories with David Horne & Marty Balkema - Co-founders at Calm Capital · May 31, 2022 · at 3:18

David Horne, co-founder of Calm Capital, discusses foundational investment principles for software acquisitions with Andrew Gazdecki.

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“Good businesses rarely go out of business. Great companies sometimes go out of business, but good businesses rarely go out of business, so, you know, profitable, cash flowing, pretty easy to manage, has, you know, some kind of growth trajectory versus going backwards”

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More from David Horne

Prediction Not checkable as stated
Successive stewardship will eventually create 100-year-old SaaS businesses
“There will be a time where you can look at a SaaS company and be like, that's a hundred year old SaaS business, and it's going to take, you know, a bunch of different people to kind of keep that going, and hopefully continue to add value to the community it se…”
David Horne May 31, 2022 ▶ 25:32 Startup Acquisition Stories with David Horne & Marty Balkema - Co-founders at Calm Capital
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