Deal Structure, SBA Use, and Guarantees

What do crawfish, Walmart, and 7-Eleven have in common?

Neal Cobb.

He started as a chiropractor. Then built a delivery startup that scaled to 35 states, raised $20M, and was acquired by 7-Eleven. In this episode, Neal shares how he turned down $10M, powered through COVID, and now buys legacy businesses with big EBITDA and long-term upside.

Chapters:
00:00 From Chiropractor to Startup Founder
05:38 Scaling with Walmart
11:26 Raising Capital & COVID Pivot
17:06 Acquired by 7-Eleven
22:41 EquityX: Buying Legacy Businesses