Deal Story

iHateMyself closed Family Office for $2.2M to the Chief Investment officer department

Purchase a legal accounts receivable from a public markets investor who was sick of waiting around for his SEC (not football) award payment.

This sum was difficult to value and is outside the wheelhouse of our regular area of investing - though related.

We purchased the rights to collect a 4.8m$ settlement 2 years from now. We payed 2.6mm. Net 2.8mm.

Fake til you make.

29
Gasty
Notable Contributor
2
War Room Community Manager
!!!
antiASKHOLE
Tycoon
2
Bravado's Resident Asshole
I cannot get my gifs to work here. teach me senpai. what are you using?
Gasty
Notable Contributor
0
War Room Community Manager
Command C, Command V.

Legit.
antiASKHOLE
Tycoon
2
Bravado's Resident Asshole
Well then Congrats my friend

CuriousFox
WR Officer
2
๐ŸฆŠ
Congrats
LordOfWar
Tycoon
2
Blow it up
Congrats, this sounds like a very interesting industry.
iHateMyself
Valued Contributor
1
Head of Business Development - Investment Fund
Can teach you about it. always looking for more warm bodies.
LordOfWar
Tycoon
0
Blow it up
Might be of interest, I'm looking for industries with no hard walls to earnings. Currently in production and we keep maxing our capacity which limits my earnings.

I don't like limits.
Pachacuti
Politicker
1
They call me Daddy, Sales Daddy
Interesting line of work - congrats!
Kosta_Konfucius
Politicker
1
Sales Rep
Hell yeah!
Fenderbaum
Politicker
1
Retired Choirboy๐Ÿช•
Congrats! @iHateMyself
TheOverTaker
Politicker
1
Senior Account Executive
i barely understood that, but congrats!
SirAlex
Valued Contributor
1
Account Executive
Congrats dude
Sunbunny31
Politicker
1
Sr Sales Executive ๐Ÿฐ
Congratulations!
Diablo
Politicker
1
Sr. AE
Congrats! @iHateMyself
tightlines
Politicker
1
Account Executive
Sweet!
TennisandSales
Politicker
1
Head Of Sales
BOOM lets goooo!!
HappyGilmore
Politicker
1
Account Executive
Congrats! @iHateMyself
GDO
Politicker
1
BDM
Congrats! Thatโ€™s a really nice deal. Discounted to 2years itโ€™s still amazing ROI
jefe
Arsonist
1
๐Ÿ
That's QUITE the deal. Congrats!!
MR.StretchISR
Politicker
1
ISR
Congrats! @iHateMyself
NoGoodAtThis
Politicker
1
Sales rep
Congrats, what a weird industry your in...

How is this comped? Up front or at collection?
iHateMyself
Valued Contributor
0
Head of Business Development - Investment Fund
5% origination points and 15% performance or profit. plus salary.
were a 2 person company. friend from college is a genius. and rich. the best kind of friend. Just hates the phone.
hauru.sales
Celebrated Contributor
1
Sales Enthusiast
Congrats!
frete.ll
Opinionated
1
Sales manager
Congrats!
sugardaddy
Politicker
0
๐Ÿฌ
Congrats!
DungeonsNDemos
Big Shot
0
Rolling 20's all day
HUGE CONGRATS!
AnchorPoint
Politicker
0
Business Coach
Congrats! @iHateMyself
sellingsellssold
Politicker
0
SDR
Congrats! @iHateMyself
faddee
Opinionated
0
Sales Manager
Congrats!
Maximas
Tycoon
0
Senior Sales Executive
Congrats!
CadenceCombat
Tycoon
0
Account Executive
giant win!!
15
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