Wednesday, August 17, 2011 11:41:52 AM
1. He has not failed us because there has been ZERO dilution (other than this last acquisition).
2. He has taken NO salary since 2008
3. There are subtleties and nuances that can only be ascertained by speaking with someone directly....even better is meeting with them in person. When one invests in a company, one invests in its people and you better be comfortable with who they are. As I said earlier, Dan is a man of extremely high integrity, intelligence and flexibility. Of this I am certain and have made that judgment based on inter-personal DD. My money is where my DD is.
and finally,
4. To call a deal "crazy" when one has ZERO knowledge of the intricacies or potential of the deal....well, that doesn't do anyone any good, now does it? To judge an entire book by its cover, means missing out on some great possibilities. This is why it helps to know the author.
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