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Introduction to Eric
Eric Anderson is the Chief Operating Officer of Clearwave Corporation and has been the COO since 2010. Eric’s experience stems from his undergraduate degree in accounting and then an e-commerce program in Stanford. Since his education, he’s worked with startups and Fortune 500 companies. His primary industry work revolves around technology and now healthcare
What You Will Learn
Investing in Healthcare
PE Investment in Healthcare
Capital and Company Growth
Importance of Knowledge and Resources
Standards When Selecting a PE Firm
Private Equity Exits
Breakdown
[00:28] Introduction of Eric
[02:37] Mistakes and Actions to Take in PE
[06:15] Challenges Encountered by Clearwave Corp.
[08:31] Needs in Capital for Growth Acceleration
[11:11] Source of Knowledge of Investment
[13:24] Acquired by Private Equity
[15:06] PE Firm Selection Process
[20:40] Advice to PE Executives on Exits
[24:39] Eric’s Endurance Post-Exits
[28:31] Attributes that Make a Top Performer
[31:36] Likes and Dislikes About PE
[37:18] Other Media References
[40:23] How to Reach Eric
Knowledge is Power
When it comes to Private Equity, the more you know will benefit your firm and the businesses backed by PE. According to Eric, the knowledge gained in terms of sales, demand, customers, etc., can help firms and businesses craft a game plan that can project long-term revenue-generating outcomes. This information can be extracted from operating partners and consultants. It is also essential to consider partners or consultants that are well-versed in the industry your business is associated with.
Private Equity Exits
Private equity exits are moves that are not entirely negative as some require this move to redirect the financial strategy or change the revenue dynamics of certain companies. These exits are okay based on law regulations, however, they require a due process in order to have successful and non-impactful outcomes. In order to achieve an exit, companies should need a playbook strategy that depends on the nature of the business goals. It also helps if the companies have an open mind throughout the process and a leader that’s agile which can result in growth changes.
Other Media References
Measure What Matters by John Doerr
The Leadership Sequence by Nick Saban
Never Split the Difference, Negotiating as if Your Life Depended on It by Chris Voss and Tahl Raz
The Power Law: Venture Capital and the Making of the New Future by Sebastian Mallaby
How to Reach Eric
Eric’s Email: andersonericd@gmail.com
Thank you for tuning in!
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