# Would You Bet $1.6M of Equity on This California Courier? Page: https://stenobird.com/podcast/acquisitions-anonymous-1-for-business-buying-selling-and-operating-3044776/would-you-bet-1-6m-of-equity-on-this-california-courier Text version: https://stenobird.com/podcast/acquisitions-anonymous-1-for-business-buying-selling-and-operating-3044776/would-you-bet-1-6m-of-equity-on-this-california-courier.md Podcast: [Acquisitions Anonymous - #1 for business buying, selling and operating](https://stenobird.com/podcast/acquisitions-anonymous-1-for-business-buying-selling-and-operating-3044776) Published: 2026-03-31T11:00:00+00:00 Episode link: https://pdcn.co/e/www.buzzsprout.com/1964407/episodes/18916235-would-you-bet-1-6m-of-equity-on-this-california-courier.mp3 Audio file: https://pdcn.co/e/www.buzzsprout.com/1964407/episodes/18916235-would-you-bet-1-6m-of-equity-on-this-california-courier.mp3 Processing state: not_requested JSON: https://stenobird.com/v1/public/podcasts/acquisitions-anonymous-1-for-business-buying-selling-and-operating-3044776/episodes/would-you-bet-1-6m-of-equity-on-this-california-courier Duration seconds: 1839 ## Resource In this episode the hosts talk about buying a 49-year-old California courier business generating $770K in cash flow—but debate whether the 5x multiple is justified given growth limits, customer concentration risk, and potential regulatory threats to its 1099 driver model. Business Listing – https://www.bizquest.com/business-for-sale/profitable-courier-business-for-sale-in-california/BW2474620/ Welcome to Acquisitions Anonymous – the #1 podcast for small business M&A. Every week, we brea... ## Actions - request_transcript: `POST https://stenobird.com/v1/public/podcasts/acquisitions-anonymous-1-for-business-buying-selling-and-operating-3044776/episodes/would-you-bet-1-6m-of-equity-on-this-california-courier/transcription-requests` — Idempotently request low-priority transcript generation for this episode. - read_markdown: `GET https://stenobird.com/podcast/acquisitions-anonymous-1-for-business-buying-selling-and-operating-3044776/would-you-bet-1-6m-of-equity-on-this-california-courier.md` — Read the agent-friendly Markdown representation of this episode resource. A page view does not enqueue transcription. Agents should invoke `request_transcript` explicitly when they need this episode processed. ## Transcript Full transcripts are not published on public pages unless there is a clear rights basis.