Einar Volsett

So if you want to go to tinyc.com slash invest, that's the fastest way to get a hold of me these days is to go in there and put your details in.

what's your a lot of details about you know how things are going so far you know why we think the way we think is gonna is gonna work out in terms of investments how many kind of hard commits do you want to have before you do a first close

I haven't really thought about it.

Like we're targeting 35 to 50 million, I think.

Um, and so it's more of a date based first close or anything else.

We're looking at a couple of different structures and we'll see what happens.

Cause like I said, our goal is to invest in hundreds of companies a year.

That's the strategy eventually.

no i disagree with that so i think i get that question a bunch for discretion actually and it's like like particularly when i have like new i can tell them my buyer is not really sophisticated when they first say to me like i send them the the the one teaser or whatever or and they're like why would anyone sell this like why not sit on it forever like uh you know i have a deal right now that's coming up and it's i think he's doing i thought i checked this is before kobe he's doing 1.7 million and throwing up about a million in cash

every year and it's like zero work for him and i was just like because he wants to like he wants the cash now and he wants to focus on other things and i think i think there's very few companies out there that you start and you grow and you just want to keep growing until you retire

Again, keep in mind what we're talking about.

Like, again, like one five, if your net margin is 30% and you can sell the company for five X revenue because of your current growth,

then you have to wait 15 years to get the same money out in cash.

And by the way, by the end of that time, your growth is probably decayed to the point where you're no longer worth that 5x multiple.

Now you're worth maybe 2x multiple.

And make sure that you don't end up in a situation where you're like, you know, zero growth or God forbid, slightly less growth, because then you're not worth anywhere near as much anymore.

That's true.

Yeah, it's all given to you.

But those are still valuable things.

I actually think what will end up happening, and this is sort of more of an out there thing, is I think people don't really fundamentally understand the predictability and the amazingness of these cash flow businesses once they get to a certain scale.