John Nunemaker

If somebody came along with the right price, we'd be like, sure, that happens. Now I've got some cash flow. So maybe I pay off the loan, get the lien off my house, and then I loan it back to the business at a lower interest rate or something like that so that the lien is basically gone from my house.

If somebody came along with the right price, we'd be like, sure, that happens. Now I've got some cash flow. So maybe I pay off the loan, get the lien off my house, and then I loan it back to the business at a lower interest rate or something like that so that the lien is basically gone from my house.

But there's still some amount of leverage of using other people's money to make money, which is kind of an interesting concept, I guess. Yeah. Again, I'm all a rookie. I don't, I don't know any of this stuff. I'm just flapping the stuff that I've been researching for, you know, a couple of years and then heavily for a month or so. So I don't, I don't know, but that's just what I think in my head.

But there's still some amount of leverage of using other people's money to make money, which is kind of an interesting concept, I guess. Yeah. Again, I'm all a rookie. I don't, I don't know any of this stuff. I'm just flapping the stuff that I've been researching for, you know, a couple of years and then heavily for a month or so. So I don't, I don't know, but that's just what I think in my head.

Yeah, I think it's, there's a lot of ways to get capital. And it doesn't hurt, like, I mean, I probably have, I mean, I've got the GitHub, you know, founders, other people in my phone. I mean, I could text them, but I'm like, I don't need to.

Yeah, I think it's, there's a lot of ways to get capital. And it doesn't hurt, like, I mean, I probably have, I mean, I've got the GitHub, you know, founders, other people in my phone. I mean, I could text them, but I'm like, I don't need to.

I don't know. And even just for the reason that the, again, I don't want to keep going back to the other guy, but I just, it's fresh in my brain. Cause I just listened to it and it was like, yes, I like what you're doing. I'm headed to the ER cause my neck hurts, but like, cause I've been nodding my head, you know, profusely, but I'm like, I like this again. Exactly. Pop another hernia.

I don't know. And even just for the reason that the, again, I don't want to keep going back to the other guy, but I just, it's fresh in my brain. Cause I just listened to it and it was like, yes, I like what you're doing. I'm headed to the ER cause my neck hurts, but like, cause I've been nodding my head, you know, profusely, but I'm like, I like this again. Exactly. Pop another hernia.

But I'm like, I like that idea of like not running like a fund because a fund has to receive the capital and then deploy the capital. And so you're kind of under constraints because you've got to deploy the capital in a certain amount of time. But that means you're going to maybe have to deploy the capital into a deal that you're like not super excited about because it's like, well, it's time.

But I'm like, I like that idea of like not running like a fund because a fund has to receive the capital and then deploy the capital. And so you're kind of under constraints because you've got to deploy the capital in a certain amount of time. But that means you're going to maybe have to deploy the capital into a deal that you're like not super excited about because it's like, well, it's time.

Otherwise, you know, the fund is going to run out, et cetera. Whereas, you know, this model is like, look, we get people to commit, but then they don't have to give their capital up until the deal is actually here. And we know it's a really good deal because we have just been, you know, vetting them profusely.

Otherwise, you know, the fund is going to run out, et cetera. Whereas, you know, this model is like, look, we get people to commit, but then they don't have to give their capital up until the deal is actually here. And we know it's a really good deal because we have just been, you know, vetting them profusely.

And so this is like, yes, this is, you know, their range was 500,000 to 2 million EBITDA. They're going to do X multiple and they're going to, again, shard their investors, shard their individual personal guarantees. And I'm like, that's just a really cool model. If you can make it work, it probably takes a lot more smarts than I currently have, but I think that's cool.

And so this is like, yes, this is, you know, their range was 500,000 to 2 million EBITDA. They're going to do X multiple and they're going to, again, shard their investors, shard their individual personal guarantees. And I'm like, that's just a really cool model. If you can make it work, it probably takes a lot more smarts than I currently have, but I think that's cool.

I like that idea of like, yeah, that, that process.

I like that idea of like, yeah, that, that process.

Yes. That I'm, I'll be, I'll be super interested in. And that's even why, like the first thing I did is I reached out to Adam cause I, not even about investing, but just cause I was like, he's in podcasting, you know, and everybody knows you guys are killing it. So, you know, I was like, well, Hey Adam, like, no, I'm just kidding. Just killing it, crushing it.

Yes. That I'm, I'll be, I'll be super interested in. And that's even why, like the first thing I did is I reached out to Adam cause I, not even about investing, but just cause I was like, he's in podcasting, you know, and everybody knows you guys are killing it. So, you know, I was like, well, Hey Adam, like, no, I'm just kidding. Just killing it, crushing it.

Then I was like, again, you know, podcasting, you know, this kind of stuff. Cause I'm like, he told you he was going to go to zero. You called him and he's like, this thing's going to zero. Here's what happened though. That was the first five minutes. And then by the end, he's like, well, how do I get in on this? You know, not really, not really, but kind of.

Then I was like, again, you know, podcasting, you know, this kind of stuff. Cause I'm like, he told you he was going to go to zero. You called him and he's like, this thing's going to zero. Here's what happened though. That was the first five minutes. And then by the end, he's like, well, how do I get in on this? You know, not really, not really, but kind of.