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VALLARIS VALLARIS™ Helps Investors Multiply FastWealth™ Through Mergers & Acquisitions. VALLARIS™ helps investors Multiply FastWealth™ Through Mergers & Acquisitions.

Businesses work with us to discover new paths to extraordinary wealth through mergers & acquisitions. "Siong Yoong and the team have been invaluable partners. I am happy to announce that we had a smooth and successful listing that raised HKD 46.5 million!"

- Dr. Alan Tan Cher Sen, Director | Republic Healthcare Holdings Pte. Ltd. Looking to raise capital? Please fill out this form. I'd love to get in touch if you qualify. https://lnkd.in/gb8rqrjd

The more “irreplaceable” your founder becomes,the riskier your business may actually look.A founder proudly told the buy...
15/06/2026

The more “irreplaceable” your founder becomes,
the riskier your business may actually look.

A founder proudly told the buyer:

“I close almost half our revenue.”

He expected admiration.

Instead, the buyer got uncomfortable.

Because what the founder saw as strength,
the buyer saw as dependency.

This becomes extremely common in B2B SaaS businesses.

Founder owns every major customer relationship.

The clients trust the founder, not the company.

The moment the founder wants to exit:

- renewals become uncertain
- upsells slow down
- enterprise accounts become vulnerable

In manufacturing companies, sometimes one plant head knows the entire production process.

No documentation.
No second line.
No systems.

If he leaves, efficiency collapses overnight.

In agencies, one creative director becomes the face of every key account.

Clients stay loyal to the person.
Not the business.

And during diligence, buyers immediately start discounting valuation.

Because buyers are not underwriting your current revenue.

They are underwriting whether the revenue survives after people leave.

Many are actually building single points of failure.

The strongest businesses are not dependent on heroes.

They are dependent on systems.

Because the moment one person can damage the company by leaving,
the company was never truly scalable to begin with.

“What else can we do?”That question kills more early-stage companies than bad ideas.Things seem to be going okay.So you ...
12/06/2026

“What else can we do?”

That question kills more early-stage companies than bad ideas.

Things seem to be going okay.

So you start exploring:

• New market
• New product line
• New customer segment

“Just testing.”
“Just expanding.”
Feels like progress.

It’s not.

6 months later:

• Nothing is working properly
• Team is stretched
• Core business slows down
• No clear win anywhere

You didn’t grow.

You diffused.

Because you asked the wrong question.

Most founders ask:
“What opportunities should we explore?”

Ask:
“What distractions are killing our focus?”

Because every new initiative has a cost:

• Attention gets split
• Ex*****on quality drops
• Learning slows down
• Momentum disappears

The best companies look boring early.

Because they do one thing.

Relentlessly.

Until it works.

It's called product-market fit.

Some founders collect investors like Pokémon cards.Then act surprised when the cap table becomes a hostage situation thr...
11/06/2026

Some founders collect investors like Pokémon cards.

Then act surprised when the cap table becomes a hostage situation three years later.

I’ve seen founders raise money at valuations they were emotionally attached to, not operationally ready for.

The LinkedIn announcement gets 2,000 likes.

The next financing round becomes a nightmare.

Because easy money usually comes with difficult people, difficult structures, and very expensive expectations attached to it.

At first, nobody notices.

Everyone celebrates:

- the valuation
- the headlines
- the “oversubscribed round”
- the investor logos

Nobody asks:
“What now needs to happen for everyone here to make money?”

That is where the real problem starts.

A company raises at a $300M valuation.

Three years later, the business is worth $180M.

Still a good company.
Still growing.
Still operationally healthy.

But now the cap table is a war zone.

Investors don’t want to sell below liquidation preferences.

Founders don’t want dilution.

New investors avoid the mess entirely.

Acquirers walk away after seeing the structure.

The business becomes trapped between reality and expectations.

And I’ve seen this happen repeatedly in startup ecosystems where founders optimise for:

- highest valuation
- fastest close
- famous investor names
- “momentum”

Instead of:

- alignment
- clean structures
- realistic growth expectations
- flexibility during exits

A lot of founders think raising money is the finish line.

It’s not.

You are choosing who gets a seat at your future boardroom arguments.

Because the cheapest money often becomes the most expensive conversation later.

𝗜 𝗶𝗻𝘁𝗲𝗿𝘃𝗶𝗲𝘄𝗲𝗱 𝗳𝗼𝗿 𝗖𝗘𝗢 𝗼𝗳 𝗮 𝗴𝗹𝗼𝗯𝗮𝗹 𝘁𝗼𝗽-𝟭𝟬 𝗮𝗰𝗰𝗼𝘂𝗻𝘁𝗶𝗻𝗴 𝗻𝗲𝘁𝘄𝗼𝗿𝗸 𝗮 𝗳𝗲𝘄 𝘆𝗲𝗮𝗿𝘀 𝗮𝗴𝗼. 𝗧𝗵𝗲 𝗶𝗻𝘁𝗲𝗿𝘃𝗶𝗲𝘄 𝗲𝗻𝗱𝗲𝗱 𝘄𝗵𝗲𝗻 𝗜 𝘀𝗮𝗶𝗱 𝗜 𝘄𝗮𝗻𝘁𝗲𝗱 𝘁𝗼...
10/06/2026

𝗜 𝗶𝗻𝘁𝗲𝗿𝘃𝗶𝗲𝘄𝗲𝗱 𝗳𝗼𝗿 𝗖𝗘𝗢 𝗼𝗳 𝗮 𝗴𝗹𝗼𝗯𝗮𝗹 𝘁𝗼𝗽-𝟭𝟬 𝗮𝗰𝗰𝗼𝘂𝗻𝘁𝗶𝗻𝗴 𝗻𝗲𝘁𝘄𝗼𝗿𝗸 𝗮 𝗳𝗲𝘄 𝘆𝗲𝗮𝗿𝘀 𝗮𝗴𝗼. 𝗧𝗵𝗲 𝗶𝗻𝘁𝗲𝗿𝘃𝗶𝗲𝘄 𝗲𝗻𝗱𝗲𝗱 𝘄𝗵𝗲𝗻 𝗜 𝘀𝗮𝗶𝗱 𝗜 𝘄𝗮𝗻𝘁𝗲𝗱 𝘁𝗼 𝗴𝗿𝗼𝘄 𝗿𝗲𝘃𝗲𝗻𝘂𝗲𝘀 𝘄𝗶𝘁𝗵𝗼𝘂𝘁 𝘀𝗰𝗮𝗹𝗶𝗻𝗴 𝘀𝘁𝗮𝗳𝗳.

They didn't want to hear it. But Accenture down 45.67% in a year tells you I saw something real.

Here's what I saw: the supply-side constraint that nobody was pricing in.

You cannot grow a $100M+ services firm faster than the Partner pool allows. The talent math doesn't work. PE has pumped capital into hundreds of firms all chasing the same trajectory, but you can't manufacture relationships or rainmaking. The scarcity is the bottleneck.

When I said "grow revenues without scaling staff," I meant use technology to amplify the finite talent you have—so two experienced Partners could do what historically took six. More output from the same team. Higher utilization. Better margins.

That's not anti-talent. That's the only math that works.

Because here's the bind: demand-side, clients are asking "why does this take six people three weeks?" Margin pressure is real. Supply-side, Partner compensation is at historic highs. You can't hire your way out. Growth targets don't fit the pool.

You have a talent shortage on one side and margin compression on the other. It's a genuine squeeze.

𝗧𝗵𝗲 𝘄𝗶𝗻𝗻𝗲𝗿𝘀 𝗶𝗻 𝘁𝗵𝗲 𝗻𝗲𝘅𝘁 𝟭𝟮 𝗺𝗼𝗻𝘁𝗵𝘀 𝘄𝗼𝗻'𝘁 𝗯𝗲 𝘁𝗵𝗲 𝗼𝗻𝗲𝘀 𝗽𝗿𝗲𝘁𝗲𝗻𝗱𝗶𝗻𝗴 𝘁𝗵𝗲𝘆 𝗰𝗮𝗻 𝗵𝗶𝗿𝗲 𝘁𝗵𝗲𝗶𝗿 𝘄𝗮𝘆 𝘁𝗼 𝗴𝗿𝗼𝘄𝘁𝗵. 𝗧𝗵𝗲𝘆'𝗹𝗹 𝗯𝗲 𝘁𝗵𝗲 𝗼𝗻𝗲𝘀 𝘂𝘀𝗶𝗻𝗴 𝘁𝗲𝗰𝗵𝗻𝗼𝗹𝗼𝗴𝘆 𝘁𝗼 𝗮𝗺𝗽𝗹𝗶𝗳𝘆 𝘁𝗵𝗲𝗶𝗿 𝗲𝘅𝗶𝘀𝘁𝗶𝗻𝗴 𝘁𝗮𝗹𝗲𝗻𝘁—a𝗻𝗱 𝘁𝗵𝗲𝗻 𝗮𝘀𝗸𝗶𝗻𝗴 𝘁𝗵𝗲 𝗵𝗮𝗿𝗱𝗲𝗿 𝗾𝘂𝗲𝘀𝘁𝗶𝗼𝗻: 𝗗𝗼 𝗜 𝘀𝗰𝗮𝗹𝗲 𝘁𝗵𝗶𝘀 𝗳𝗶𝗿𝗺, 𝗼𝗿 𝗱𝗼 𝗜 𝗲𝘅𝗶𝘁 𝗶𝘁 𝘀𝘁𝗿𝗮𝘁𝗲𝗴𝗶𝗰𝗮𝗹𝗹𝘆?

Because if your firm's value sits in three Partner relationships you can't scale, the window to exit with a strategic buyer—before the market fully reprices—is narrowing fast.

The question for leaders isn't "how do I build bigger." It's "what is this firm actually worth—and to whom—while there's still a buyer who sees the Partner relationships as strategic?"

Because that window is closing.

"We sold the company for $50 million."Sounds like a happy ending.Until the founders discover they're getting far less th...
07/06/2026

"We sold the company for $50 million."

Sounds like a happy ending.

Until the founders discover they're getting far less than they expected.

This is where many founders learn about liquidation preferences.

Not during fundraising.

During the exit.

A liquidation preference determines who gets paid first when the company is sold.

And depending on how the term is structured, investors may receive their money back before founders see a dollar.

Most founders negotiate valuation.

Very few negotiate economics.

Swipe through to understand how liquidation preferences actually work.

12 months ago, we said we were a SaaS platform.Today, we position ourselves as an AI-led workflow layer.Looks like a shi...
03/06/2026

12 months ago, we said we were a SaaS platform.
Today, we position ourselves as an AI-led workflow layer.

Looks like a shift.
It’s not.

Our customer hasn’t changed.
The problem hasn’t changed.
The system hasn’t changed.

Only the framing has.

Because markets evolve.
And if you don’t frame your business in that context,
you get misunderstood.

We’ve seen this firsthand.

What started as a services-heavy model
became product-led over time.

Not a pivot.
A progression.

That’s the difference.

Weak narratives chase trends.
Strong ones stay anchored… and adapt the language.

Because:

Buyers don’t expect a static story.
They expect a coherent one.

And in M&A, coherence isn’t storytelling.

It’s trust.

Wishing everyone a peaceful Vesak Day filled with compassion, wisdom, and inner peace.
31/05/2026

Wishing everyone a peaceful Vesak Day filled with compassion, wisdom, and inner peace.

May this special occasion bring blessings, harmony, and happiness to you and your loved ones.
27/05/2026

May this special occasion bring blessings, harmony, and happiness to you and your loved ones.

25/05/2026

Will business valuers lose our jobs to AI by 2026?

The valuation profession is at an inflection point.

84% of the room voted for mandatory AI requirements prescribed in IVS 104 – Data and Inputs.

The question isn't whether AI changes our work — it's whether our standards keep up.

How can we navigate the rise of artificial intelligence in valuation?

Click the link below to hear the full conversation.

https://ivsc.org/valuasia-connect-navigating-change-in-valuation-industry-perspectives-on-the-ivs-2028-exposure-draft/

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