GOBLINS,
most of you are learning to talk about businesses in terms of revenue, EBITDA, and earnings.
but none of those pay you. cash does.
this week’s article breaks down free cash flow (FCF).
quick updates:
readings (new): we rebuilt how you access articles on the site. browse by topic and use OFFERGOBLIN like a reference desk.
office hours: join upcoming office hours on Jan 27th from 8:00-8:45 pm ET.
warm up question:
weekly tactic:
short, scannable reads to up your game.
this week: FCF - what actually gets distributed
the takeaway: earnings can look great while cash disappears. free cash flow tells you what a business can actually pay out.
last week: the business case for prep
the takeaway: you have already deployed the capital (tuition). don't let a $5.6mm deal fall apart because you wanted to save $100 on due diligence (prep).
email me your favorite and least favorite thing about the platform and i’ll send a gift.
ever yours,
OFFERGOBLIN
p.s. if you’ve already secured an offer, click the “got my offer” button below and we’ll move you to our post-offer mailing list.
for the rest, deals don't close themselves. get back to it.
AND ONE MORE THING …. 🌚