Company case study
Alpine
Alpine is a private equity fund with a focus on buy-and-build strategies in various industries, including plumbing and HVAC. It came up on My First Million, hosted by Sam Parr and Shaan Puri, in the episode "We asked a $15B Investor how to survive the AI bubble" (aired April 7, 2026).
At a glance
| Podcast | My First Million |
|---|---|
| Hosted by | Sam Parr and Shaan Puri |
| Episode | We asked a $15B Investor how to survive the AI bubble |
| Aired | April 7, 2026 |
| Revenue and traction | The fund has achieved a return of 5x or better on its investments, with average deals around $30 million and target companies generating about $15 to $20 million in revenue. |
| Category | Agency |
Figures and claims are as told on the episode, summarized from the transcript. Check the date: they describe the company at the time it aired.
What the episode said
We asked a $15B Investor how to survive the AI bubble · aired April 7, 2026 · hosted by Sam Parr and Shaan Puri
Why it works
Alpine focuses on pairing high-attribute leaders, often with military backgrounds, with established companies in traditional industries, allowing them to leverage their leadership skills to drive growth.
Founding story
Founded by Graham Weaver, who started with a bootstrap approach using credit cards and faced many challenges, including economic downturns, before finding success.
The playbook
The key strategies involve finding talented leaders, executing a buy-and-build strategy in prosaic industries, and fostering a culture that emphasizes employee well-being and strong leadership.
Also mentioned
The fund aims to be a top performer, a force for good, and an attractive workplace for top talent.