
The Wine Business: 5x Growth in a Tough but Fun Industry
Acquiring Minds
00:00
How to Analyze SD Properly
I think I did three or four LOIs, one guitar based based guitar kind of accessories company. And each time I kind of, I pulled back for a subsequently kind of good reason, but I learned an awful lot in doing that. You know, what was safe from what was not and where the gotchas were and where the skeletons might be. One of the key lessons came which worked out really well for the wines and vines company. It just cuts through the crap, basically. You're just seeing kind of whether these cash flows are real or not. And are they positive cash flows?
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