Want to receive this listing in your inbox? Signup for our weekly newsletter:
Michael Girdley (@Girdley), Mills Snell (@thegeneralmills), and Bill D’Alessandro (@BillDA) talk about a 15-year-old Telecom Tower Business in the southeast side of Dallas. We share our perspectives on this business transaction and determine whether we’d buy this or not. The rise of technology is transforming every aspect of society, and in this episode, we will discuss whether the impending technological changes will be beneficial or harmful. In addition, we will discuss the factors that we believe should be prioritized by a buyer.
Thanks to our sponsor!
SMBash.com - Join us in Austin, TX, April 27th - 30th, 2023, for one-on-one interaction with others who focus on buying, operating, and investing in the SMB and Micro-PE space.
SMBash is a live gathering of SMB, Micro-PE, and ETA owners, operators, and investors.
(00:00) - Introduction
(00:39) - Our sponsor is SMBash
(02:02) - Deal & financials: A 15-year-old Telecom Tower Business
(03:43) - What does this company do?
(08:47) - Mike’s idea on the deal
(11:44) - What do we think of this deal, and why do we hate it?
(13:52) - Is this industry in a bull or a bear market?
(14:59) - Why would you sell a business which is about to close a BIG contract?
(16:23) - Is there an obsolescence risk on the tech side?
(18:58) - What should buyers prioritize?
(20:07) - How are some investments so profitable? What does this mean for VC & PE investing?
(21:06) - What do we think about betting on future tech trends?
(23:20) - Is there a bull case for “soon to be obsolete” businesses?
(29:30) - We’re looking for B2B service businesses. Send ‘em over!
Additional episodes you might enjoy:
#142 - Should we buy this Crossfit Gym?
#141 - A very profitable B2B Internet Business in the Petcare Vertical
#139 - Will we make bank with a Medical Equipment Supply Company?
#138 - See-food but for plants? With special guest Xavier Helgesen