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02-05-2016, 11:29 PM #1
- Join Date
- Apr 2014
- Location
- Washington DC
- Posts
- 421
Agreed, getting deals that close does seem premeditated and not someone you'd want to fund -- that being said, while we aren't a second position funder, have to imagine the sixth, seventh, and eight guys had to have "underwritten" it as though they would also get more positions behind them. More importantly, even though we'd have no problem with the number of positions, stopped payments are deal killers for us -- gotta check with my sales guys to see if we saw that deal -- we did see an 11 position deal today that was quite impressive.
As Bob said, shocked that business is still being shopped.Carl Fairbank
Founder & CEO boldMODE
www.boldmode.com
Carl@boldmode.com
Founder & former CEO of Breakout Capital (sold to SecurCapital in 2019)
www.breakoutfinance.com
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02-05-2016, 11:47 PM #2
11 positions? OH LORD!!!! who funded this guy god gracious!
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