Just tested OpenAI's new o3 model in our AI Business Consulting firm—used it to build a "Copilot Starter" guide for a land management company. o3 is faster and sharper than o1. Super impressed! Models: ⚡ o3-mini: Fast at reasoning 💡 o3-mini-high: Great at coding & logic

If you haven't started listening to ITR Economics discussions on the economy, I suggest you do. Their Trends Talk is my go-to for easily digestible #Economic insights and ways to prepare for change as a #smallbusiness owner. No crystal ball required. https://t.co/baBxRh351l

✅ Prepare to provide a Personal Guarantee with SBA and conventional ✅ There is a lot more gold than I'm noting here so I recommend giving it a listen 6/6

✅ Industries trending: HVAC, MSP, roofing, home services maintenance, prop mgmnt, senior care, multi-unit franchises in pest control and restoration, manuf, janitorial ✅ SBA changes to know 1) equity inj amt and what counts as an equity inj 2) partial change of ownership 5/6

✅ Businesses are hard to operate, first-time buyers don't realize how hard it actually is ✅ Over estimate Working Capital needs ✅ Industries softening: landscaping, staffing (even medical) 4/6

✅ Deals are struggling because 1) business is pre-determined to fail 2) something is missed in DD ✅ Much more re-trading happening post LOI ✅ With more equity brought to deal the buyer has more room to financially struggle yet survive 3/6

✅ Multiples are steady and still elevated ✅ More equity is coming into deals to make sure appropriate DSCR's are being met since multiples are still elevated ✅ Banks won't fund deals based on TTM EBITDA w/ hockey stick financials ✅ Default rates are up (SBA & conv) 2/6

Here are some of my raw notes from a recent podcast I listened to which was a panel of lenders talking about the State of the Market in #smallbusiness M&A. Another outstanding podcast by @AcquiringMinds_. #eta #acquisitions https://t.co/akbHUzMBzW

I worked with #Claude to analyze my #acquisition search criteria for a remarkable M&A - GenAI use case. The goal: Benchmark the Stanford Business 2024 #SearchFundy Study and have the model analyze it against my data to identify low-comp criteria to target. #eta #smallbusiness

S&P Global, JPMorgan, and Bank of America are all investing in & training their staff on Gen AI. They know #GenAI will transform their organization and industry. What's stopping you from doing the same in your #smallbusiness? #noexcuse #smb #eta https://t.co/RkBvGsHlu4

Cheers to never having to start from scratch again..... #smallbusiness #lowermiddlemarket #generativeai #Genaiandbusiness #mergers #acquisitions #eta #problemsolving #artificialintelligence #getmoredone #Entrepreneurship

✅ Identify problems and low resource areas in your company ✅ Test ways to use #GenAI to solve these problems and make what works "stick" (habit forming tactics like trigger/action/reward) ✅ Continuously measure the results Rinse and repeat. Don't over complicate it. 2/2

Wondering where and how you apply Gen AI in your business? Break the process down into 3 tranches: 1/2 #GenAI #PE #Mergers #Acquisitions #LowerMiddleMarket #GenerativeAI #RambergLabs #Businessgrowth #eta

A Google Search killer? Competition is a good thing. I'm looking forward to testing this out as a tool in our M&A due diligence process. #lowermiddlemarket #mergers #acquisitions #generativeai #searchgpt #duediligence

While none of these models are specifically designed for M&A work, a combination of Claude 3.5's general capabilities and GPT-4o's language skills could potentially be useful for initial data analysis and document review tasks in M&A processes.

For M&A purposes, you'd likely want a model that can: ☑ Analyze complex financial data ☑ Understand and interpret legal documents ☑ Assess market trends and industry dynamics ☑ Evaluate potential synergies and risks 4/5

✅ GPT-4o demonstrates high scores in verbal reasoning and language-related tasks (GMAT Verbal, AP English Language). ✅ Llama models (40B and 70B) show proficiency in specific subject areas that could be relevant, such as economics and statistics. 3/5

✅ Claude 3.5 shows strong performance across multiple categories, particularly in areas requiring reading comprehension and quantitative skills (LSAT, SAT Reading, SAT Math, GRE Physics). 2/5

After seeing these benchmarks I asked a few of the models to reference this chart and tell me what LLM is best for use in Mergers & Acquisitions. Here is a consolidated response: 1/5

100% of my AI consulting engagements are centered around how companies can drive real value with Gen AI. The truth is, it's different for every company. #genai #smallbusiness #smb #competitiveadvantage #differentiation https://t.co/x2TFSqHKd4