Investment Banking Myths and Small Business Buyers

One of the reasons I stuck with small business buying is that big business buying didn’t make a lot of sense to me. First of all there is competition and the competition comes from big money players in private equity. So these guys are at the top of the food chain and ever since the 1990’s they have grown in numbers like rabbits. So there is more institutional money available to chase deals. They chase deals that are big… usually. Lately they reach down to our level but that won’t get them the return they need.

Read More