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Kozinsky: Enduring Ventures will wait 3-6 months before aggressively deploying capital

Sieva Kozinsky · Building a Mini Berkshire Hathaway · Sep 1, 2022 · at 43:02

Enduring Ventures co-founder Sieva Kozinsky describes their investment pacing strategy amid the late 2022 macro reset.

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“Xavier and I, you know, relative to maybe a year ago, we're still investing. We're still looking at opportunities, but we're happy to be patient for another three to six months to see where kind of the world lands, where everything resets and then pick up the pieces and jump back in with both feet.”

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Disclosure
Kozinsky: Enduring Ventures is designed around a 20-to-40-year horizon
“The next thing we do, let's reverse engineer. What is the last business we would ever want to work on? Right? Like, What is something that we would want to work on for the next 2030 or 40 years, which is really different from our startup experience”
Sieva Kozinsky Sep 1, 2022 ▶ 21:11 Building a Mini Berkshire Hathaway
Disclosure
Kozinsky: Enduring Ventures evaluated a Midwestern scaffolding firm at 4x EBITDA
“And the one we looked at in, in in the Midwest was doing about Four million of EBITDA. We could have bought it at, what was it Xavier? Maybe four times EBITDA at the time?”
Sieva Kozinsky Sep 1, 2022 ▶ 1:01:43 Building a Mini Berkshire Hathaway
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