Grubbing It Out

Congratulations, founder! You made it! The final chapter in your leadership journey has finally arrived. You have graduated from the school of hard knocks, clawed your way to the top, maybe even broken the glass ceiling, and the day is finally—finally—here. After countless meetings with … Read more

Identity Theft

Sent: October 18, 11:29pm From: Jodi, Founder & CEO To: Jen Subject: Margaritaville! Jen, I’m so glad you talked me into taking this trip! I’m so excited! Just imagine—three weeks in sunny Mexico. I don’t think I’ve ever taken a vacation for this long. Of … Read more

The Phantom of the Offer

CEO Notes Journal Entry December 13 It’s finally going to happen!!! I spoke to the broker today, and he confirmed the buyer is very interested and that we’re in the ballpark of our asking price and the terms of the deal are all good. Boy, … Read more

Division of Multiples

MINUTES OF PHOENIX RISERS’ BOARD OF DIRECTORS MEETING NOVEMBER 18th 9:01: Discussion of sale begins. Strategic plan has been successful; revenue growth, gross margin, and profit margin all aligned and on track based on feedback from Shuster & Schuckster Investment House. 9:16: CFO discusses the … Read more

Loyalty to Comrades

Sent: September 1 From: Dean Chompers, CEO To: Rick Dogood, Premium Investors Subject: Offer Letter Rick, I have some serious concerns about the offer and the deal points. In section 3, it discusses the payout packages for Larry and Joe, both of whom have been … Read more

The Impossible Divorce

Sent: November 2, 4:23 p.m. From: Stan, CEO, Stan the Man Movers To: Exec. Team Partners Subject: Valuation & Offer Guys, The valuation came back today from Princeling Partners, and it looks exactly like what we’ve been hunting for $25M plus shares in the new … Read more

Getting Sweet on Sugar Daddy

Sent: December 12, 2:10 p.m. From: Savannah, CEO To: James, Partner, Private Equity Investments of North America Subject: Dinner? Holiday cocktail? Hi James, We met at a recent WPO conference. I hope you remember me. I am the founder and CEO of Pouty & Pretty … Read more

Lost and Founder

Sent: June 22, 2:00 p.m. From: Jane, Director of Marketing To: Bob, Director of Business Development Subject: Craig’s Role Bob, Have you seen Craig this week at all? I thought he was coming to the quarterly marketing meeting, but he was a no-show. Does he … Read more