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Sean Joy - CEO Journey within Chenmark - Ep.152
Think Like an Owner
How Much Capital Should You Allocate to a Business?
The businesses I worked on were all businesses that we had taken over through generally out of work restructuring or sometimes portfolio acquisition. You have to make a somewhat compelling case why we should be putting $50 million into support this business versus just liquidating it. And honestly, that was something that I would expect wouldn't be something that you really need to worry about because these are pretty large companies. It's pretty shocking that they would be selling products ultimately at a loss to a major customer.
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