Have any Farcasters bought a small business?

Curious to hear what your experience has been.

Healthcare investor by day, web3/AI tinkerer by night. 🟪 Host: /venturecapital /theitinerant

(full disclosure: I've gone deep down this rabbit hole. have yet to pull the trigger on anything for several reasons I'm happy to get into later)

Mainstreet, brick and mortar or services business. Likely <$5M annual revenue, but potentially a bit more. Likely not over $20M/year. Not e-commerce.

Seems like the popular bet these days. Not saying this is the direction you’re going, but “consensus” outlook that “trades” are under-valued + under-optimized (“digitized”). 

Will likely see a lot of acquisition here. Same playbook (tough competition; limited labor pool; asymptotic price race).