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Molson_Hart's profile
Molson Hart
Molson Hart
Molson Hart
@Molson_Hart

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Molson Hart

@Molson_Hart

CEO at http://amazon.com/viahart . CEO at http://edisonlf.com . I tweet about business, e-commerce, supply chain, health, law, & infrastructure

Austin, TX
Joined July 2015

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    1. Moses Kagan‏ @moseskagan Jun 16
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      How do you know if the deal in front of you is the proverbial "fat pitch" you've been waiting for? Impossible, unless you have already: - Underwritten many similar deals, and - Deeply understood your prospective LPs' return requirements If you have, the fat pitch is obvious.

      5 replies 2 retweets 40 likes
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    2. Molson Hart‏ @Molson_Hart Jun 16
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      Replying to @moseskagan

      Imho, this is truer for real estate than for equities unless you specialize in a single industry that is closed off to technological change.

      1 reply 0 retweets 1 like
    3. Alex Vespoli‏ @avespoli Jun 16
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      Replying to @Molson_Hart @moseskagan

      In my experience, the best investment theses are a 50/50 split between why the deal/opportunity works and why you (and your capital source) are the best to execute on it. I think that’s true across industries.

      1 reply 0 retweets 2 likes
      Molson Hart‏ @Molson_Hart Jun 16
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      Replying to @avespoli @moseskagan

      Makes sense. If you think the thesis is killer but you’re not the guy to do it then your thesis is probably wrong.

      9:38 AM - 16 Jun 2020
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        2. Alex Vespoli‏ @avespoli Jun 16
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          Replying to @Molson_Hart @moseskagan

          See this a lot late in the cycle when groups start to try things off-center from their core competencies, both in product type and geography. If something looks good to you out of your market, often you’re wrong (and the entrenched players in that space have passed for a reason).

          1 reply 0 retweets 1 like
        3. Molson Hart‏ @Molson_Hart Jun 16
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          Replying to @avespoli @moseskagan

          If you know Ben Mallah, he was just talking about this. He forayed into commercial retail that was amazon proof and then felt like an idiot when the coronavirus happened.

          1 reply 0 retweets 0 likes
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