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Who is a “Backable” executive?
Operating experience, not deal experience
Absolute integrity
Willing to roll up his or her sleeves
Grit, resilience, and persistence
Financial acumen
P&L oversight on resume
Network within an industry
Willingness to have “skin in the game”
Role of Entrepreneur Through Acquisition
Oversees and manages the acquired company
Improves margins
Expense optimization
Economies of scale
Grows the company
Add on acquisitions
Organic