Stan Spavold
Strategic Concepts & Mechanics
Primary Evidence
"“John’s totally, 100 percent invested in long-term active assets,” CFFI president Stan Spavold explained. “Most of our investments are active, private, and in various stages between startup and mature. But most of them are in the early-stage development.”"
"Risley doesn’t fund his investments using only his own money, pulled from some bottomless supply of cash. “We couldn’t grow as fast as we have grown by doing that,” Stan Spavold, CFFI Ventures’s president, explained. Much of Risley’s investing is done with borrowed money, primarily from banks. “We are a net borrower,” Spavold added. “We don’t maintain a pool of liquid assets. We are fully deployed in our investments.” Gains produced by those investments are redeployed into new ventures, continuing the cycle. “We don’t look for investments that are going to return 8, 9, 10 percent a year. We are looking for investments that are going to return a multiple of our investment,” Spavold explained. “We’re not going for singles. We’re looking for doubles, triples, and occasionally a home run.”"