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A glossary 68 pages long... what can get wrong?
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A young engineer arrived at his first PPP meeting. He had prepared properly. He had read the 300-page PPP guide. Then the meeting started. Availability payments. DSCR. Relief Events. Compensation Events. Senior debt. Subordinated debt. After twenty minutes, he whispered to the person next to him: “Is there a glossary?” “Yes,” the colleague replied. “It’s 68 pages.” Welcome to PPP. I was not that junior this time… but trust me… I could have been… An industry that sometimes needs 68 pages, excluding the glossary in annexes… just to explain the words it uses to explain itself. It doesn’t need to be like that. That’s why I created: How to Get Into PPP Without the Bullshit. No academic marathon. No pretending a diagram with 47 arrows makes anything clearer. Just what you need to understand how PPPs really work, who makes the decisions, where the money comes from… and where everything normally goes wrong. If you want to enter the PPP world without spending six months learning the vocabulary before understanding the business: Click below… The glossary is optional. Happy Sunday… and please, use this information at your own risk. PD 1: If you liked this email, don't keep it in secret and forward it to a friend. They will thank you enormously one day. PD 2: If somebody has sent you this email and you want to receive emails like this yourself, visit vicentevalencia.com PD 3: If you want unsubscribe, click the link below. |
Vicente Valencia
Weekly insights on how to perform when it matters | High-stakes decisions. Real situations. No BS. | 👇JOIN +2k readers 👇
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