Sublime

Spent 7 hours researching a true master of small cap private equity: - 586 transactions - Acquire $1 million to $10 million EBITDA companies - Average deal $12 million - 72% IRR - 7x cash on cash returns He had two rare public... See more

Bruce Greenwald invited Li Lu to speak to his class on value investing. The result is a 90 minute masterclass on how to be a value investor. If you haven't watched the video, do it now. If you have, it's worth re-watching. Here is... See more

0/ A counterintuitive lesson on fund structures TLDR - hedge funds are better structures for *long term* investing than venture structures I say this having run one of each for 3-4 years now A thread for entrepreneurs and LPs

Idea for micro fund that no one has done super well. Verticalised SaaS fund around very specific roles. For example: Fund focused on helping startups with sales ops. Get leading 30 Head of Sales Ops as... See more

I'm noticing a trend with young founders who are dividing their ideas into two buckets: 1. Cashflow Bet: Generates income from $10K to $1M+. Simple and boring ideas that require minimal team involvement. Bootstrapped and has a lifestyle business vibe. 2. Venture Bet: High-risk, high-reward... See more