My First Million
The best business ideas come from noticing what's working and doing it better, faster, or for a different audience.
Acquire venture-backed companies with broken cap tables at discounted prices
Investors with patient capital who can restructure deals
12-24 months per dealWhat Success Looks Like
Good business making $10M revenue growing 30% annually but founder and VCs both happy to exit due to misaligned incentives
Steps to Execute
Identify VC-backed companies from 2020-2021 vintage with high preference stacks
Research companies doing well operationally but not venture-scale
Contact founders to understand their true goals without VC pressure
Structure deal that gives founder meaningful equity and removes VC overhang
Run business for cash flow and organic growth
Checklist
Inputs Needed
- Capital for acquisition
- Relationship with VCs
- Ability to value distressed situations
- Understanding of cap table mechanics
Outputs
- Profitable business acquired below intrinsic value
- Happy founder with reset equity
- VCs get liquidity on dead deal
Example
“SaaS company raised $50M at peak, doing $10M revenue growing 30%, founder owns 10%, VCs need 10x return - restructure so founder owns 30% and can run profitably”
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