Comments on: The competitor without a face http://www.theprivateequiteer.com/the-competitor-without-a-face/ A vignette into the aberrant thoughts of a private equiteer Sat, 28 Aug 2010 13:18:38 +0000 hourly 1 http://wordpress.org/?v=3.0.1 By: The viability of bootstrapping a business | A Private Equity Blog http://www.theprivateequiteer.com/the-competitor-without-a-face/comment-page-1/#comment-5530 The viability of bootstrapping a business | A Private Equity Blog Tue, 17 Nov 2009 09:32:54 +0000 http://www.theprivateequiteer.com/?p=2428#comment-5530 [...] In addition to personal funds, bootstrappers aim to reach a level of cash flow profitability to reduce any personal burden and help the business grow itself. This is very much a major competitor to private equity, as I discussed in my last post, The competitor without a face. [...] [...] In addition to personal funds, bootstrappers aim to reach a level of cash flow profitability to reduce any personal burden and help the business grow itself. This is very much a major competitor to private equity, as I discussed in my last post, The competitor without a face. [...]

]]> By: The Private Equiteer http://www.theprivateequiteer.com/the-competitor-without-a-face/comment-page-1/#comment-5481 The Private Equiteer Mon, 16 Nov 2009 00:07:41 +0000 http://www.theprivateequiteer.com/?p=2428#comment-5481 For us, it really depends on the reasons for the fall. We'd certainly look at a business that was over-geared because the issue isn't fundamental to operations. However, we rarely look at any business that has collapsed due to a poor business model, management team or questionable products/services. We like safe bets. Would certainly be interested on data re turnarounds vs growth. For us, it really depends on the reasons for the fall. We’d certainly look at a business that was over-geared because the issue isn’t fundamental to operations. However, we rarely look at any business that has collapsed due to a poor business model, management team or questionable products/services. We like safe bets.

Would certainly be interested on data re turnarounds vs growth.

]]> By: vlade http://www.theprivateequiteer.com/the-competitor-without-a-face/comment-page-1/#comment-5435 vlade Sat, 14 Nov 2009 08:51:08 +0000 http://www.theprivateequiteer.com/?p=2428#comment-5435 Ah, that explains some things :) So, in other words glorified rain dealer ;) Back to a more serious question - how often PE invest into distressed companies? Say a company that at one stage was actually doing quite ok, but fallen on hard times. Of course, it would have to be reasonable to believe that the hard times were reversable. I'd be interested in seeing some statistics on whether PE makes more money (both in absolute terms and as IRR) by growing existing companies or turning them around Ah, that explains some things :) So, in other words glorified rain dealer ;)

Back to a more serious question – how often PE invest into distressed companies? Say a company that at one stage was actually doing quite ok, but fallen on hard times. Of course, it would have to be reasonable to believe that the hard times were reversable.
I’d be interested in seeing some statistics on whether PE makes more money (both in absolute terms and as IRR) by growing existing companies or turning them around

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