The problem with this is that well-run, boring, positive cash flow companies are really hard to find. All the obvious ones were snarfed up by previous variants of this play.
It *sounds* great, until ...
I've seen private equity firms acquire a lot of these companies already. The EBITA multiples that these businesses sell for have gone up the last 5 years because the private equity firms get access to newly printed money, use some portion of profits to pay the interest and pocket the rest. So there are lots of conglomerates doing this already, but in a sense, that shows how much of an opportunity this is. It's about the only place in the economy to squeeze any juice.
The fact is that there are lots of profitable Boomer businesses that are being sold. The bigger hurdles are the same hurdles of any business. You have to have competent, good people run them, especially when the person that ran it just sold. The idea is great. I think businesses can use Bitcoin treasury strategies to compound their growth. But it's a lot of work, just like everything else.
The fact is that there are lots of profitable Boomer businesses that are being sold. The bigger hurdles are the same hurdles of any business. You have to have competent, good people run them, especially when the person that ran it just sold. The idea is great. I think businesses can use Bitcoin treasury strategies to compound their growth. But it's a lot of work, just like everything else.
2
