Finwonk
LBOs · Mental-math game

Today's Daily Deal

One paper LBO, the same for everyone today. Work it out with a pen, then see how you stack up.

Daily Deal

Everyone gets the same quick paper LBO today. Your first finish is your score, so make it count. A new deal lands at midnight.

What's a paper LBO?

An interviewer gives you a few numbers (EBITDA, the purchase multiple, how much debt, how fast the business grows) and asks for the sponsor's return, with only a pen. They care most about whether you set it up in the right order: price, equity, paydown, exit, then MOIC and IRR. New to it? Start with the step-by-step lesson or play with the LBO dials.