Why Investors and Operators See the Same Deal Differently | Episode 7

An investor and an operator can sit through the same meeting, see the same numbers, and walk away believing they attended two completely different meetings.

Why? Because they may be running two different businesses inside the same venture.

In Episode 7 of Law, Land & Capital, Eddison S. Titus explores the fundamental tension between investors and operators — and why each side can interpret the same deal so differently.

To the investor, capital is the business. The focus is preservation, risk-adjusted returns, opportunity cost, scalability, and how the investment compares with every other place that money could be deployed.

To the operator, the venture is the business. Capital i ...