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The Importance of Meeting Other Business Owners
We look for cash-low-positive companies, meaning every month they spit off more cash than they take to grow. And that means the founder is still the primary driver of the business. From a size perspective, we have tweaked our requirements from over $3 million in top line to at least a million dollars in profit. We want cash- low-positive and profitable companies that are growing and founder-led. It's becoming more and more difficult to become a public company because of reporter requirements.