PERSON DIRECTORY
Rick Ruback
Rick Ruback appears in 1 indexed conversation across Invest Like the Best. This directory brings every appearance, source, TL;DR, digest, and transcript into one searchable feed.
Royce Yudkoff & Rick Ruback - Entrepreneurship Through Acquisition - [Invest Like the Best, EP.423]
Patrick O'ShaughnessyRick RubackRoyce Yudkoff
Entrepreneurship through acquisition has split between funded searches targeting roughly $20 million enterprise values at 6-8x and self-funded buyers pursuing sub-$1 million EBITDA businesses at 3-4x, where SBA borrowing can provide 80-90% leverage and leave searchers 60-70% of equity.The self-funded math can produce a 25% unlevered return before growth, while funded-search failure rates have risen above 50% and increasingly resemble venture portfolios; aging owners may release three-to-four years of pent-up supply as COVID-era volatility recedes.