Adam Sandman
๐ค SpeakerAppearances Over Time
Podcast Appearances
Oh, sorry.
When you say partnership, I think you meant to partner with the company to acquire us.
Strategic alignment and cultural alignment is number one.
And then the other stuff, yes, we can negotiate on equity or cash.
I have to say the number one thing is cultural alignment.
All the people here would want to work.
It has to be someone that we all want to work for, or at least hand over the company to.
no actually none it's uh there's no uh i'm sole owner that's awesome okay so you own 100 do they have like phantom shares or anything we'll we will do that when we if we once we start uh yeah the plan is once we get near an offer an actual offer we would do that exactly that's exactly right we do a phantom uh stock plan adam this is very sensitive but you are very rich on paper right do you already have some exit where you're able to go buy the house you want build a family vacation when you want like how do you diversify your net worth out of your sas company a little bit
Yeah, great.
I mean, I have, first of all, I have rental real estate, which is great because it's a nice cash generating asset that's lower growth, but again, very safe and gives you that diversification.
How many beds do you have in your real estate portfolio?
Three single family houses.
Okay, great.
That's my own house.
We live in the house that we love.
The kids are in college, almost finished, so that's all paid for.
So there's not a ton I need.
It's more the fun of the chase.
Depending on the year, 0% to 10%.
Some years, 10%.