Private Equity Explained - Kyle Coots - Episode 44
Self-Funded With Spencer
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Is Your Software Business Contractual Recurring?
The easiest way to think about it is like, if you're a software business and you have subscriptions, let's say you're generating $50 million a revenue this year. With pricing increase, better products, that 50 million with your current customer base is going to be more than $50 million next year. And so as the executive of the business, I'm stealing this term from somebody else, but you can spend more time working on the business than not working for the business. You just have no ability to say that you don't have a predictable, projectable business.
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