Weirdest Business

What's the weirdest or most "interesting" business that you've ever been involved with funding?

My new record came in the last few weeks. We're arranging $200k in personal loans for a company that sells frozen deer urine to help hunters.

I think that takes the prize... I had a company selling camel milk for $20 per pint.

someone that was renting out chickens was weirdest i ever had

The business is interesting, the weird part of the deal was I told the owners to walk away from the deal. At the time they were doing about $3mil in revenue and growing quickly. I was hired as their advisor to seek capital for marketing/growth. They did not want any debt on their books so we entertained equity partners. They were offered $3Mil for a 30% equity ownership in the business from a Family Office who had an investor that was one of the larger distributors in the industry. After a few negotiation, I advise they walk away, obtain small LOC to help with cash flow, an grow the business on their own. Fast forward 8 years.... $100Mil business that sold for 10x revenue. They kept their ownership throughout the entire lifecycle of the business. My comp was cash for advisor fees/success fees with a tiny equity kicker if I kept the cash fees low.
Sometimes the best deals are the ones you walk away from.......

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Originally Posted by abfunders

What's the weirdest or most "interesting" business that you've ever been involved with funding?

My new record came in the last few weeks. We're arranging $200k in personal loans for a company that sells frozen deer urine to help hunters.

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Porn studio

I had dom hotline recently. Lady was bringing in crazy revenue too. Just weird to me people pay and actually enjoy **** like that lol

Wow! I thought I had a unique one (gentlemens club) but after reading this thread I feel like a Plain Jane.

McDonaldTrump, did you conduct a site inspection?

Quote:

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Originally Posted by Kevin Henry-Seacoast

The business is interesting, the weird part of the deal was I told the owners to walk away from the deal. At the time they were doing about $3mil in revenue and growing quickly. I was hired as their advisor to seek capital for marketing/growth. They did not want any debt on their books so we entertained equity partners. They were offered $3Mil for a 30% equity ownership in the business from a Family Office who had an investor that was one of the larger distributors in the industry. After a few negotiation, I advise they walk away, obtain small LOC to help with cash flow, an grow the business on their own. Fast forward 8 years.... $100Mil business that sold for 10x revenue. They kept their ownership throughout the entire lifecycle of the business. My comp was cash for advisor fees/success fees with a tiny equity kicker if I kept the cash fees low.
Sometimes the best deals are the ones you walk away from.......

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....what?

Just remembered that I was involved with the companies that own camping.com

Also was involved with another company that is providing a platform for the competitive video game (e-sports).