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> I love the story about TTI's chairman. Which is also a masterful advertisement for private business owners in a similar situation to sell to Berkshire Hathaw
by parenthesis 5y ago
> I love the story about TTI's chairman.
Which is also a masterful advertisement for private business owners in a similar situation to sell to Berkshire Hathaway, for less money than they might otherwise get.
This is not a criticism: if I wanted to sell a private business and didn't trust any of the obvious trade buyers (nor private equity), I can imagine myself happily selling to Berkshire for less.
- cushychicken 5y agoI think that's a big part of their humanism. They understand that the folks that they want to invest in aren't in it entirely for the money. In return, they make it easy to to sell to them: they'll give you a dollar amount, and close nine figure deals inside of a month. It's self fulfilling and self reflecting.