32x MOIC After 100 Investors Said No
Since Kevin Ramsier's last appearance on this podcast, his firm, Sier Capital, has closed a new infrastructure platform (where Minds Capital is an investor) and exited another business that generated a 32x MOIC over a 7-year hold. The same business started with 95% customer concentration and nearly 100 investors said no.
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1 Equity Raise ($500k), 4 PortCos
Andrew McDonald didn't build Fourco Holdings with a deck and a thesis. He built it by buying one small business, making it throw off cash, then buying the next one.