Your business is worth a multiple of its normalised earnings, and that multiple is set mostly by size and transferability — businesses under $500K in seller’s discretionary earnings have traded at roughly 2.0× for four consecutive years, while companies with…
Due diligence is not a test you pass — it is a repricing mechanism. Buyers rarely walk away over what they find; they use it to renegotiate. So the way to prepare a data room is to generate the buyer’s…
Private Placements · PPM Analysis · Updated August 2026 AI Prompts to Interrogate a Private Placement or PPM Read it backwards. The risk factors are the only section written to be true — everything before them is written to be…
A distribution waterfall is arithmetic written as prose. The prose is where the ambiguity hides — and where most LPs stop reading. By Narracomm ~17 min read Reviewed by [[REVIEWER NAME & CREDENTIAL]] Six terms determine almost everything you receive:…
The one variable most closely linked to angel returns is the one newly liquid founders skip — because operating instinct feels like diligence, and it isn’t. By Narracomm ~16 min read Angel investors who spent 40+ hours per deal on…
Understand the document before your lawyer explains it — so their time goes on judgement, not translation. ● Last updated July 25, 2026 ~18 min read Works with ChatGPT, Claude & Gemini Short answer: An LOI is the non-binding document…
● Last updated July 30, 2026 ~17 min read Works with ChatGPT, Claude & Gemini Short answer: For a visibly wealthy household, an exposed home address isn’t a marketing nuisance — it’s a physical security issue. Security practitioners now describe…
● Last updated July 25, 2026 ~18 min read Works with ChatGPT, Claude & Gemini Short answer: Buyers don’t pay for profit — they pay for profit that continues after you leave. Every factor that moves your multiple is a…
● Last updated July 25, 2026 ~17 min read ChatGPT · Claude · Gemini Short answer: Building one takes under an hour and needs no code — but most get abandoned within a week because people build a persona instead…
● Last updated July 25, 2026 By ~19 min read Works with ChatGPT, Claude & Gemini Short answer: A prompt is written once and thrown away. A template separates the reusable thinking from the situation-specific detail — replacing that detail…