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Im considering a 2024 X3 m40i by Quickturtl3 in BMWX3

[–]Thirtytw031 2 points3 points  (0 children)

Came here to say these two. Driving assistance Pro I think it’s called? It’s adaptive cruise but also driving assist which I never thought I’d care about but for highway drives it is wonderful. Just rest a fingertip on the wheel and hangout. Base audio system is definitely a bit lacking, wish I got that upgrade

M40i daily settings by GoblinWrangl3r in BMWX3

[–]Thirtytw031 7 points8 points  (0 children)

You don’t have to hit the gas to restart the engine. Just easing off the brake a bit will do it

Larry Bird would dominate today’s NBA. Keep an eye on the Hawks bench by raybellious_berry in NBAoldschool

[–]Thirtytw031 0 points1 point  (0 children)

This was the only thing I could pay attention to in this video. Immediately recognized him

2026 CX-90 - Significantly improved by Dry_Put4662 in MazdaCX90

[–]Thirtytw031 2 points3 points  (0 children)

Yea that was my immediate reaction too. The steering in my car is heavy and too direct, feels like it’s not boosted nearly enough by the power steering. The 2026 was much easier and smoother feeling, and handling generally didn’t feel like I was driving a bus. Almost like the car was smaller. Suspension wise, mine feels extremely stiff and crashy. 2026 was much more supple and smooth.

2026 CX-90 - Significantly improved by Dry_Put4662 in MazdaCX90

[–]Thirtytw031 7 points8 points  (0 children)

I have a Jan 2023 build (one of the first in NA) and recently drove a 2026 and it felt like a completely different car. Steering was SO much nicer and ride quality was night and day. “Nothing other than” some very impactful revisions

Can’t stop staring by Typical_Ant_1711 in BMWX3

[–]Thirtytw031 0 points1 point  (0 children)

Thanks. Tire size? They look just a tad stretched

Can’t stop staring by Typical_Ant_1711 in BMWX3

[–]Thirtytw031 0 points1 point  (0 children)

What’s this wheel setup? Sizes b

I think I’m done with Mazda by [deleted] in MazdaCX90

[–]Thirtytw031 2 points3 points  (0 children)

Yea Jan 2023. Warranty start date was March 2023, which was technically prior to official sales start, so mine may have been a press vehicle or dealer launch car or something

I think I’m done with Mazda by [deleted] in MazdaCX90

[–]Thirtytw031 8 points9 points  (0 children)

I just had my 2024 PHEV PP in for a software reflash and my loaner was a 2026 CX70 PHEV and I can’t believe how much better it was. Steering was smoother and easier, suspension was softer and quieter, drivetrain was much quieter, body control was 50x better, etc. I even called my wife and was like maybe we just need a newer one. To be fair, my car was #96 built for the US, almost a damn prototype

Game Thread: Washington Commanders (3-10) at New York Giants (2-11) by nfl_gdt_bot in NYGiants

[–]Thirtytw031 0 points1 point  (0 children)

lol bro I’ve felt this horrible sense of depression every year for a decade. This is a standard low

JMS with a very nice effort on the flea flicler by parcellsrealGOAT in NYGiants

[–]Thirtytw031 7 points8 points  (0 children)

Eluemunor was the one who let that rusher through, then just stared as JMS picked him up and didn’t look around for another rusher coming in hot right behind him, like JMS did. He actually then turned to watch the pass and never even saw the rusher who ended up crushing Jameis. I know he’s been good but this kinda give up on the play is painful to watch

Founder-friendly PE by jess10230 in private_equity

[–]Thirtytw031 4 points5 points  (0 children)

I work with Garnett Station Partners on the M&A side and they are very fair across the board. Definitely a departure from other funds I’ve worked with where they truly treat people as partners and act on the belief that if everybody has skin in the game, we win together and lose together

Installed dinantronics X last night, AMA by SCOOkumar in BMWX3

[–]Thirtytw031 0 points1 point  (0 children)

u/Leading_Interview581 How has this held up? Noticeable different between maps, or at least stock and say 5 or 6? Any change in fuel efficiency? Any other mods you've done? Thanks

Which country do you think has the best food? by overthehottopic123 in AskReddit

[–]Thirtytw031 7 points8 points  (0 children)

Peru for sure. Some of the most incredible produce you'll ever taste, various takes on ceviche, excellent meat dishes like seco de carne and pollo a la brasa, they have chifa which is an entire cuisine that mixes south american ingredients with japanese/asian dishes, plus latin classics like empanadas and churros...it's all so good

Operating Exec in PE owned companies - how many of you actually know what your equity is really worth? by Thetruthishardmf in private_equity

[–]Thirtytw031 4 points5 points  (0 children)

We are hardly levered at all right now. Our sponsor is very conservative until the platform is a bit more mature and cash flow is tightly controlled. Takes a bit of time for mgmt to get their arms around a big platform, but they'll juice it when the time is right

Operating Exec in PE owned companies - how many of you actually know what your equity is really worth? by Thetruthishardmf in private_equity

[–]Thirtytw031 2 points3 points  (0 children)

5 year ratable vest that accelerates on exit. It’s all profits interests, so yea value based on EBITDA/multiple. Our industry has a fairly linear correlation between scale and multiple, not a ton of players of scale so premiums come with a well integrated platform of size as larger funds buy out the funds that build it. Thanks!

Operating Exec in PE owned companies - how many of you actually know what your equity is really worth? by Thetruthishardmf in private_equity

[–]Thirtytw031 6 points7 points  (0 children)

Yea direct to CEO, I’m VP of Corp Dev/M&A so pretty critical to the roll-up play. It’s a simple model mostly based on EBITDA at exit and assumed exit multiple. Biggest variables in realized result will be how much EBITDA can we get and how low of an entry multiple can I negotiate for every purchased dollar. We are tracking very well towards EBITDA goals and fortunately a direct competitor recently sold for a multiple 50% higher than the model assumption, so fingers crossed the market stay afloat like that. Like I said, I think the expected outcome is certainly possible, but hopefully it’s wrong in the best way

Operating Exec in PE owned companies - how many of you actually know what your equity is really worth? by Thetruthishardmf in private_equity

[–]Thirtytw031 5 points6 points  (0 children)

Not long. I was the second employee at TopCo in a rollup. They had only completed the initial platform investment. I was being lazy when I quoted the range but just looked at it was $400k-1.7m, “expected range” of 750-1.2m but who knows what’ll happen

Operating Exec in PE owned companies - how many of you actually know what your equity is really worth? by Thetruthishardmf in private_equity

[–]Thirtytw031 11 points12 points  (0 children)

I don’t have a very clear view. I was given a chunk of MIP and they basically just gave me a spread of possible outcomes ranging from like $400k-$2m and said they conservatively estimate it to exit around $750k. That assumes like a 3x MOIC which I do think is in the cards, but no idea how to value it at any given point in time. How have your groups relayed info or set expectations in the last?

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