Our Director of Transaction Services, Nicholas Spezio, recently joined The Exit Plan Podcast with Barnaby Cook to discuss the world of private equity and venture capital.

The Exit Plan podcast is for business owners that are interested in learning more about how to sell their business. Nicholas joins Barnaby to look at the differences between private equity and venture capital. For example, private equity firms invest capital into mature businesses with long-term growth potential, often seeking a controlling stake; on the other hand, venture capital firms invest in early-stage companies in exchange for equity.

Nicholas emphasizes that private equity investors are attracted to recurring revenue-based businesses, while venture capitalists are interested in early-stage investments. He also discusses the timing of selling a business and addresses the challenges entrepreneurs face when transitioning to being an employee after selling their business.