Global

Meridian Ventures

Small holding company with three different businesses.

$2,184,900

annual revenue

decisions

directors

years

team

Where to put next year's money.
The debate they have open today.

What it is like

Revenue8: $2,184,900 a year across the three of them.
Maturity7: Eight years in, with each business at a different point in its life.
Complexity10: Three models, three teams and one single bank account.
Pace4: Slow. Everything competes for the same money.
Risk5: Spread across three sectors, which is the whole point of it.
Upside8: High, if one of them can pull the other two along.

Boardroom · Investment committee · Operations

These are only 3 of the 61 documented decisions of Meridian Ventures.

Closing the highest revenue business because it left no margin
It was the line with the most revenue and the least profit. They shut it down to free up cash and people for the other two.
Keeping the distributor instead of selling it
The wholesaler who wanted it made an offer. They held on because it threw off cash every month, and that cash is what bought everything else.
Taking no profits out for the first three years
The two partners kept their salaries and nothing more. About $310,000 stayed inside, and it is what kept them from going to a bank for the first acquisition.

61 documented decisions

3 visible58 inside the .ziri

With their reasons, their dates, the rooms where they were decided and the links to every person who took part.