There’s the analysis you can pull together fast, and the analysis you’d actually stand behind. Closing that gap is where the real work happens. And that’s exactly where this industry is headed next.

In this episode, Noah Starr and Thaddeus Campbell will work through a live listing from John Lindsey, from OM to Excel model to investment memo, in under an hour. 

You’ll see how each decision gets made, how assumptions get pressure-tested, and where the judgment calls sit that still belong to the underwriter.

We’ll show you how the process itself is changing, and give you a working example you can take back to your own deals.