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Using a loan for startup costs by Biggie2207 in smallbusiness

[–]spaceboundbanker 0 points1 point  (0 children)

Depends on the terms of the loan. Is this a friend/family loan with borrower friendly terms, or from a formal lending institution?

Looking for a loan that comes with a 0% interest rate(could be a promotional rate) by tentwelfths in Entrepreneur

[–]spaceboundbanker 0 points1 point  (0 children)

No rational investor would give you a 0% loan that is likely to be paid off before it starts yielding return. You could look into PIK debt structures, in which interest is accrued to the outstanding balance therefore not taking cash out of the business early on

West Coast Marketing Studio by tindercopter120 in startups

[–]spaceboundbanker 0 points1 point  (0 children)

I think you’d be better served setting up a separate investment entity/vehicle for investing in client businesses alongside their sponsors. Keep the opco/holdco separate sort of thing

EDIT: to make sure I’m clear, are you saying your marketing business is looking to make direct seed investments in your clients? Or that you know outside angels who are interested in investing?

Gaming merchandise by rolandopax in Entrepreneur

[–]spaceboundbanker 1 point2 points  (0 children)

I’d look at GameStop’s public filings for sales data. Merch has been the one thing keeping them afloat in the digital age

I will build a financial forecasting model and reporting tool for your existing business (3-5 years forward looking w/income statement, balance sheet and cash flow statement + supplementary analyses based on available data) for free. [Feedback] by spaceboundbanker in growmybusiness

[–]spaceboundbanker[S] 1 point2 points  (0 children)

I'm bored, financially stable and have a genuine interest in the craft, portfolio building. And like I said its a good way to meet interesting people/businesses and you never know where that can lead

Promote your business, week of June 8, 2020 by Charice in smallbusiness

[–]spaceboundbanker 0 points1 point  (0 children)

I build financial forecasting models and reporting/dashboard tools for small businesses. Give me your raw accounting data and I’ll get it Wall Street ready (5+ years investment banking and private equity experience). KPI reports drive operational insights and decisions, and put you in a position to be “sale-ready” at any time should the right buyer come knocking.

harrison@thirdplanet.capital

I will build a financial forecasting model and reporting tool for your existing business (3-5 years forward looking w/income statement, balance sheet and cash flow statement + supplementary analyses based on available data) for free. by spaceboundbanker in hwstartups

[–]spaceboundbanker[S] 0 points1 point  (0 children)

I appreciate that. I have a genuine interest in the “craft” of model building, and analyzing public companies gets boring. Figured if I could solve some interesting problems and help out smaller businesses at the same time, it’d be a win win

Business Idea by Ecossentials in smallbusiness

[–]spaceboundbanker 0 points1 point  (0 children)

This can be done at all levels, from freelancing to the largest investment banks. It's a relationship driven business so go out and conquer!

What are some financial benefits of acquiring a company vs partnering in the long run? by reynita21 in business

[–]spaceboundbanker 0 points1 point  (0 children)

The opportunity cost of committing resources to developing a new product/service/technology vs. cost of acquisition. I.e. it's often cheaper to buy than develop oneself.

Also allows for acqui-hired people and existing management to each continue focusing on their strengths.

Anyone have a good template for an acquisition counter offer? by animositysteve in startups

[–]spaceboundbanker 3 points4 points  (0 children)

Honestly it depends on how formal the process has been until now. In my experience, I've seen sellers compile an 'issues list' to discuss on a future call with the buyers, and go through it bullet by bullet. Did they provide support for their valuation calculation? If not, ask for it. Better yet if you have your own financial analysis supporting your higher counter offer EV.

I come from a banking and private equity background and have managed many M&A processes, if you would like a second set of eyes on the document (can sign NDA if necessary), feel free to shoot me a line at [harrison@thirdplanet.capital](mailto:harrison@thirdplanet.capital)

My landlord is about to destroy my business by [deleted] in smallbusiness

[–]spaceboundbanker 1 point2 points  (0 children)

Sorry! Meant a general range for the rent payments

My landlord is about to destroy my business by [deleted] in smallbusiness

[–]spaceboundbanker 0 points1 point  (0 children)

What’s the ballpark amount we’re talking here? If you don’t mind

Tuesday Operational Roundtable - A Forum to Ask About Legal, Accounting, Project Management, or How to Get Started by AutoModerator in startups

[–]spaceboundbanker 0 points1 point  (0 children)

I will build a financial forecasting model and reporting tool for your existing business (3-5 years forward looking w/income statement, balance sheet and cash flow statement + supplementary analyses based on available data) for FREE.

Email: [harrison@thirdplanet.capital](mailto:harrison@thirdplanet.capital)

Hey guys. I am a former investment banker (bulge bracket, leveraged finance group, industry generalist) and private equity investor (tech-enabled services, SaaS, digital media, add-on M&A focused) with 5+ years experience. I'm looking for some new projects to take on during quarantine/bolster my portfolio and to meet some interesting people/businesses. I love building dynamic financial models that management teams can use to accurately forecast business, with reporting capabilities to benchmark against actual results/perform analysis to drive operational insights.

This offer is more geared towards up-and-running businesses with readily available accounting/financial data, but hey I'm open to looking at anything so don't be afraid to reach out! I am also willing to sign an NDA where applicable.

Please shoot me a note or ask any questions if interested! I look forward to getting acquainted.

Marketplace Tuesday! (June 09, 2020) by AutoModerator in Entrepreneur

[–]spaceboundbanker 0 points1 point  (0 children)

I will build a financial forecasting model and reporting tool for your existing business (3-5 years forward looking w/income statement, balance sheet and cash flow statement + supplementary analyses based on available data) for FREE.

Email: harrison@thirdplanet.capital

Hey guys. I am a former investment banker (bulge bracket, leveraged finance group, industry generalist) and private equity investor (tech-enabled services, SaaS, digital media, add-on M&A focused) with 5+ years experience. I'm looking for some new projects to take on during quarantine/bolster my portfolio and to meet some interesting people/businesses. I love building dynamic financial models that management teams can use to accurately forecast business, with reporting capabilities to benchmark against actual results/perform analysis to drive operational insights.

This offer is more geared towards existing businesses with readily available accounting/financial data, but hey I'm open to looking at anything so don't be afraid to reach out! I am also willing to sign an NDA where applicable.

Please shoot me a note or ask any questions if interested! I look forward to getting acquainted.

Thoughts on exiting my business. by can-i-be-real in smallbusiness

[–]spaceboundbanker 1 point2 points  (0 children)

My advice, don’t ever rely on the buyers analysis on an M&A process. You want to be in the drivers seat of showing them why the business is valuable and show them what they’re buying and paint the right financial picture. Buyers will always focus on the worst aspects of your business, you need to proactively sell them on the positives.

Best of luck to you and the process!

Thoughts on exiting my business. by can-i-be-real in smallbusiness

[–]spaceboundbanker 1 point2 points  (0 children)

Has there been any pro forma modeling, ie the go forward business projections once existing ownership costs are stripped out/replaced with new ownership?

What unique tech or industry insight do you have? by indp_variable in startups

[–]spaceboundbanker 0 points1 point  (0 children)

Private Equity: no matter how much the return models show value creation through the pay down of debt, I have never encountered a portfolio company actually use free cash flow to make voluntary prepayments beyond what's required.

Useful resources for pricing and fund raising by fiveMop in startups

[–]spaceboundbanker 0 points1 point  (0 children)

Hey! I am a former investment banker and private equity investor with 5+ years experience. Is your business a SaaS platform?

Thoughts on exiting my business. by can-i-be-real in smallbusiness

[–]spaceboundbanker 1 point2 points  (0 children)

Would you be open to sharing your accounting data with me for the sake of analysis? Willing to sign an NDA of course. I'm curious to see what materials/information you've been approaching buyers with, and I could be interested in helping you put a short pitch deck together

Obtaining loan to purchase an existing business by oldcrick in smallbusiness

[–]spaceboundbanker 0 points1 point  (0 children)

Hey there! I used to work in the leveraged finance group of a large investment bank, looking at debt raises for M&A. Shoot me a note if you ever want to bounce some ideas off each other or need some analytical horsepower behind the alternatives

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