Private Equity & VC

Deal sourcing, fund economics, LP fundraising and acquisition mechanics for investors, search funders and emerging managers.

Private Equity & VC

Add-On Acquisition Strategy: How Buy-and-Build Really Works

How private equity add-on acquisitions create value: multiple arbitrage, synergies, building an add-on pipeline, integration planning and the risks that sink buy-and-build strategies.

7 min read
Private Equity & VC

Carried Interest Explained Simply, With a Worked Example

How carried interest works in private equity and venture capital: the 2 and 20 model, hurdle rates, catch-up, European vs American waterfalls, clawback and how carry is split within a firm.

7 min read
Private Equity & VC

Fund of Funds Explained: How It Works, What It Costs and Who It Suits

What a fund of funds is in private equity and venture capital, how the structure and double layer of fees work, the benefits for investors and how emerging managers can approach them.

7 min read
Private Equity & VC

How to Become an Angel Investor (Without Losing Your Shirt)

A beginner's guide to angel investing: eligibility, how much to invest, portfolio size, finding deal flow, evaluating startups, terms to understand and mistakes new angels make.

7 min read
Private Equity & VC

How to Find Family Offices That Invest in Deals Like Yours

Where to find single and multi-family offices, how to work out their investment mandate, how to get introduced and what family offices look for in direct deals and funds.

7 min read
Private Equity & VC

How to Find Limited Partners for Your First Fund

A practical guide for emerging managers raising a first VC or PE fund: which LPs back first-time funds, how to build an LP list, what to put in the pitch and how to run the raise.

7 min read
Private Equity & VC

How to Start a Venture Capital Fund: From Thesis to First Close

A step-by-step guide for emerging managers starting a VC fund: building a track record, defining a thesis, fund size and portfolio construction, legal setup, fundraising and operations.

7 min read
Private Equity & VC

How to Value a Small Business Using EBITDA Multiples (Step by Step)

A practical guide to valuing small and lower middle market businesses with EBITDA multiples: calculating adjusted EBITDA, choosing a multiple, SDE vs EBITDA and enterprise vs equity value.

7 min read
Private Equity & VC

Letter of Intent to Buy a Business: What Goes In It and What to Negotiate

What a letter of intent (LOI) to acquire a business includes: price, structure, working capital, earn-outs, seller notes, exclusivity and diligence, plus tips for buyers and sellers.

7 min read
Private Equity & VC

Private Equity Deal Sourcing Strategies That Actually Produce Deals

How lower and middle market private equity firms source deals: intermediary coverage, proprietary outreach, thesis-driven sourcing, add-on pipelines, data tools and how to measure what works.

7 min read
Private Equity & VC

Private Equity Secondaries Explained: How LP-Led and GP-Led Deals Work

What the private equity secondary market is, how LP portfolio sales and GP-led continuation vehicles work, how pricing and discounts are set, and why secondaries have grown.

7 min read
Private Equity & VC

How to Build Proprietary Deal Flow: An Outreach Playbook for Buyers

A step-by-step guide to proprietary deal flow: defining a buy box, building target lists, writing owner outreach that gets replies, follow-up cadence and nurturing owners over years.

7 min read
Private Equity & VC

Quality of Earnings Report: What It Is, What It Covers and When You Need One

A plain-English explanation of a quality of earnings (QoE) report: how it differs from an audit, what it tests, typical findings, cost drivers and how sellers can prepare with a sell-side QoE.

7 min read
Private Equity & VC

Revenue-Based Financing vs Venture Capital: Costs, Trade-offs and How to Choose

Compare revenue-based financing and venture capital: how each works, true cost, dilution, control, which businesses suit each, and how founders combine them.

7 min read
Private Equity & VC

Search Fund Deal Sourcing: How Searchers Find Businesses Worth Buying

How search fund entrepreneurs source acquisitions: industry theses, target list building, broker coverage, owner calling, pipeline metrics and avoiding common search mistakes.

7 min read
Private Equity & VC

Venture Debt Explained: When It Helps, What It Costs and What Can Go Wrong

How venture debt works for startups: typical structures, interest and warrants, covenants, when to raise it, how much to borrow and the risks founders should understand.

7 min read
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