CIM Translator: "Projecting $2m in EBITDA" means.... We have never made $2m in real life, but we hope you do after buying our business.
@rafaquinn I hate this haha specially because they overvalued the company base on this dream.
@rafaquinn Makes sense because of how much "market opportunity" exists! 🤣🤣
@rafaquinn We did $300 in 2023. Follow me to see how we do $1M in 2024.
@rafaquinn It’s my favorite!! I mean this business projected to do 2,5,6 million in next years ? Yea but why ? Ha ha
@rafaquinn Drives me nuts. I’m not buying the “potential” of your business. I’m buying the track record of your business. If you had the “potential” to do something, it’s your job to do that and turn it into the track record… then I will pay a multiple on that track record.