Is Private Equity Really Evil? The Story of How The Firefly Group Acquired EOS Worldwide | David Mann

May 5, 2021

Episode Summary

David Mann is a guy who’s got a lot of experience as an individual, as a competitor, and as an investor, with a time-tested level of virtuosity. He co-founded the Indiana-based venture capital firm Spring Mill Venture Partners that focused on early stage information technology and life sciences companies. After this stint, he co-founded The Firefly Group, which focuses on investing in growth-oriented lower-middle market companies. He also serves on a number of non-profit boards and spends his spare time as a faculty member at Indiana University, Kelley School of Business.

Episode Note

See More

Oftentimes, private equity is shrouded in a negative reputation, where making cold hard cash sans the human element is said to be put on the forefront. But these days, that’s far from the truth. Today, I am joined by investor-entrepreneur David Mann of The Firefly Group on how their company successfully acquired EOS Worldwide and to take a crack on the long-standing myths about venture capital firms, the importance of core values, finding purpose in business, and raising money.

9:18 Partnering with private equity is like a marriage

13:11 David talks about the decision makers and the processes in their venture capital firm

22:07 Raising money for your company

23:58 The landscape of buying and selling companies today

34:33 David shares his own core values story failure as a co-founder of The Firefly Group

37:16 Finding true balance in life and having time for fun 

40:06 The importance of authenticity and vulnerability

42:09 Finding joy in the good and the bad

46:06 Business can be a tool to positively impact lives

55:17 David’s passionate plea to entrepreneurs

“Build your business on core values, live those core values yourself, and build your team.”





Read More/Less

Latest Podcasts

Listen in on a candid and in-depth conversation between two people with a passion for excellence in the entrepreneurial world.
136: Leaping into Medical Entrepreneurship: Part 2 | Dr. Natalie Hone

136: Leaping into Medical Entrepreneurship: Part 2 | Dr. Natalie Hone

April 17, 2024
Listen Now

A healthcare venture is a complicated combination of visionary leadership and the realities of business management.

135: The Power of Habit

135: The Power of Habit

April 10, 2024
Listen Now

On this episode of Practice Freedom, Mark reveals the core of true progress: the underestimated might of discipline and the compounding effect of routine.

134: Econologics for Healthcare Owners | Eric Miller

134: Econologics for Healthcare Owners | Eric Miller

April 3, 2024
Listen Now

Navigating the financial intricacies of healthcare practice ownership can be daunting, but with co-owner and CFO of Econologics Financial Advisors Eric Miller’s expertise, you're in for a wealth of knowledge.

133: Medical Practice Growth Unstuck

133: Medical Practice Growth Unstuck

March 27, 2024
Listen Now

Uncover the secrets to shattering growth plateaus in small medical practices on this episode of Practice Freedom.

Listen to All Podcast Episodes
© Copyright 2023 | All rights reserved for Mark Henderson Leary, LLC