“You can create a contingent seller note ... if this larger client churned for any reason, there would be some mechanism to not pay out the rest of that note”
Acquiring Minds · The Roll-Up with No Investors & No Clock
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45:33
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What was described
structured a contingent seller note that would reduce or eliminate payment if a large customer churned
Said nearby on the same subject
“Instead of getting all of the the money up front, there is a back-end requirement, be it a target, a milestone, a FDA approval, if you will, something that is contingent. And if that event occurs, then an additional payment is made.”
BT
Brian Terrace
FDA Watch ·
Why it worked$20 million product example; $10 million product exampleShare this moment
“He pitched the owner on a structure borrowed from real estate, the lease option… Between a seller note and a borrowed equity injection, he has essentially none of his own money in the deal.”
EY
Elias Youssef
Acquiring Minds ·
Business modelrun-rate $3-4 M; none of his own moneyShare this moment
“If you can get that information and you can turn that unstructured data into semi-structured data and connect it to the prediction, then you can use the storytelling power of the large language models”
“Would you be a buyer or a seller of Corweave bonds at 15% yield right now? ... I would probably not be a buyer ... I'm a seller of the worst problem child”