Perfect Fund Timing
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A brief exchange about Brent Beshore's fortunate timing in raising his second fund before the market chaos.
Shaan mentions that the timing was good for raising their second $248M fund, to which Brent responds "I'm sure you'd be fine."
Shaan reflects: "Turns out timing was good - getting in before the whole world descended into chaos was a good time. I didn't know that at the time."
The story illustrates how they unknowingly raised their fund at an opportune moment, just before significant market disruption.
Brent Beshore
Founder and CEO of Permanent Equity, specializing in acquiring and operating small businesses. Author of "The Joys of Compounding" and contributor to various business and finance publications.
Featured on business podcasts and in articles on private equity and business strategies.