laughed out loud

This country is run like a Papa John's franchise

Every investor listening to administration description of tariff policy.

Associate explaining why they accepted all of the sponsor’s EBITDA add-backs even though half are clearly accounting fraud:

private equity is different than i expected

the last thing you see before getting offered $300k for 40% with a 3x liq pref, super pro rata, and board control

Imagine you spent your teenage years, early 20s, and mid 20s grinding through AP studying, SATs, top 10 college coursework, an investment banking analyst stint, and maybe a PE gig all to end up in a small conference room w/30 ppl asking how AI impacts selling dog food

https://t.co/sEqQHz8LO6

Any healthcare focused guys or gals look at some of the VBC enablers like Apollo Medical ($AMEH)? Seems like an interesting business -- trades at a reasonable multiple and is growing 20%+. What am I missing?

$C

late to this, but this is pure gold in the FT comment section

~50% of sponsor backed companies in Lincoln’s database have sub 1 FCCR pro forma for 5.5% SOFR Curious to see how this will play out if no Fed cuts. Sponsors supporting cos when revolver not enough, companies raising junior debt, or lots of defaults? https://t.co/8yekDm82UN

Fascinating, essential reading for those of us who never did software PE - Delaware Mindbody decision goes deep into the inside baseball of a sale. Lots of internal emails and texts from Vista, MB CEO, and bankers. Lessons on: - how VCs may become misaligned w/ public holders

@Jason Idk man McDonald’s is a globally recognized brand with a fantastic business model that has stood the test of time and most software companies are adult daycares peddling fake products to other software companies. Maybe nature is just healing?

“We found her. The new face of Bud Light. Someone who can really represent the brand and relate to our target customers.”

Me looking at Moelis rebranding their logo from an elite financial institution to a D2C gluten free, organic pet food brand

still not paying for twitter blue. once apollo owns this thing they’ll straighten everything out