Devin and Jim don't follow college basketball, but they have cooked up their own version of March Madness.
Bring out your debt! We've talked a lot about funding options for owners of mid sized companies but we haven't covered debt yet. Well, here you go. A detailed conversation with Ian Larkin, founder and Managing Partner of Maranon Capital. Ian describes why you should look at debt in a business like a parfait sundae (seriously, he does!) and what all those layers mean to you as an owner. He talks about the aversion most business owners have toward debt and why they might want to change their minds a little. Then at the end we kind of ramble on about things that have nothing to do with debt, private equity or fancy deserts.
Interview with Dirk Shimpach, President of goVirtualOffice -- a "NetSuite Solution provider and cloud technology advisor that helps companies find the Cloud CRM, Cloud ERP and Cloud Accounting software". Dirk and his team have worked with a number of our portfolio companies on configuring NetSuite to match our business needs. In this interview we talk about the best fits for NetSuite and things to watch out for when you are selecting and implementing cloud-based ERP solutions.
The FunCast spends an hour with McDermott Will & Emery LLP Partner Ryan Harris talking about the legal traps founders fall into when setting up their companies and when they sell them. What's the best company structure -- C Corp, S Corp, LLC? How do you handle employee equity? Hear about the infamous "Cubs side letter." What are the common issues Ryan sees when founders go to sell their business and how can you avoid them? Listening to this conversation won't make you stronger, but it sure will make you smarter! Enjoy.