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Tracy Alloway

๐Ÿ‘ค Speaker
1938 total appearances

Appearances Over Time

Podcast Appearances

Odd Lots
Brad Jacobs on His Big Bet on Building Insulation

I love that.

Odd Lots
Brad Jacobs on His Big Bet on Building Insulation

Interview two guys for an hour and a half.

Odd Lots
Brad Jacobs on His Big Bet on Building Insulation

It's like, here's $17 billion.

Odd Lots
Brad Jacobs on His Big Bet on Building Insulation

Sounds good.

Odd Lots
Brad Jacobs on His Big Bet on Building Insulation

Now, I'm sure it's a little more complicated than that.

Odd Lots
Brad Jacobs on His Big Bet on Building Insulation

What else goes in in the due diligence process?

Odd Lots
Brad Jacobs on His Big Bet on Building Insulation

Do you go around and talk to customers?

Odd Lots
Brad Jacobs on His Big Bet on Building Insulation

Oh, yeah.

Odd Lots
Brad Jacobs on His Big Bet on Building Insulation

Well, we have a lot of the same customers.

Odd Lots
Brad Jacobs on His Big Bet on Building Insulation

We have a lot of the same vendors.

Odd Lots
Brad Jacobs on His Big Bet on Building Insulation

Big, big overlap.

Odd Lots
Brad Jacobs on His Big Bet on Building Insulation

So Top Bill is a very well-known company.

Odd Lots
Brad Jacobs on His Big Bet on Building Insulation

It's the number one company in its field.

Odd Lots
Brad Jacobs on His Big Bet on Building Insulation

So it's pretty easy to check them out.

Odd Lots
Brad Jacobs on His Big Bet on Building Insulation

We knew what we were getting before we did those interviews over two days.

Odd Lots
Brad Jacobs on His Big Bet on Building Insulation

But still, you want to talk to the people.

Odd Lots
Brad Jacobs on His Big Bet on Building Insulation

You want to find out where are the skeletons and what are the risks and what are the good things and where's the opportunities and where's the upside and what are some things you can bring to the table, particularly in terms of technology that could โ€“

Odd Lots
Brad Jacobs on His Big Bet on Building Insulation

turbocharge the growth of the company.

Odd Lots
Brad Jacobs on His Big Bet on Building Insulation

So those in-person meetings are very important.

Odd Lots
Brad Jacobs on His Big Bet on Building Insulation

It's not the only part of due diligence.