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The Difference Between a Small Business and a Large Public Listed Company
It used to be five was kind of the de facto five times EBITDA, maybe a range of four to six. We're seeing those multiples come up a little bit where if you've got a few million dollars in E BITDA, again, depending on the business and what's the nature of it? You might see a stronger multiple 6, seven, eight times. The smaller deals seem to be struggling more. People are less interested. Where do you feel the threshold is right now? I would say two million. Why do you think that is, by the way? I think it's inflation, man. Come on, the money's not worth it. That's part