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EP 16·Finance·30m

How Deals Actually Get Done

Kush Tulsidas — Operating Partner, One Rock

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Reflections

What we actually thought about this one

Kush pulled the curtain back on private equity, which was a world we knew nothing about. He explained a deal from the first conversation to the paperwork and made the point that the numbers are the easy part. The hard part is people. Whether management is telling you everything, whether two companies can actually work together, whether the plan survives contact with reality. As an operating partner he lives in the after, which is the part nobody talks about. We learned more about business in this half hour than in a year of hearing the word investor thrown around.

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