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Andrew Engram
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Mar 16, 2026
Andrew Engram: Independent Sponsor Lessons from a Deal That Fell Apart
20:43
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6:46Andrew EngramGUEST
You're in Singapore for three or four months, you're flying to Dubai for three or four months, you're maybe back in the Gulf of Mexico or Gulf of America now, whatever.
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7:07Andrew EngramGUEST
But yeah, it was really tough to kind of think about what existed outside of that world, because that's all I knew.
13 MINS LATER

Jed MorrisHOST
too because you're you know every buyer has this kind of thought process too it doesn't matter if you're an independent sponsor with capital behind you or if you're a self-funded searcher or a traditional searcher when you actually start getting deal cost in the deal you start feeling pot committed and that's a fallacy it really requires that kind of discipline because i know that you're you know on the average deal you're probably 100 grand in on diligence you have to be able to step back and walk away you