KKR reportedly agreed to pay about 20 times EBITDA for A1 Garage Door Service, while small garage door shops sell for 2 to 6 times. The multiple is the product. For investors: ask whether operations, price or the next buyer is paying for it.

Schwab bought Forge Global while the SEC proposed replacing the wealth test for accredited investors with an exam. Private-market access has a door and a gate, and neither says who gets the shares worth having. For investors: ask whether a product opens the door, the gate or the allocation.

UpGuard found 16,326 Supabase databases readable by anyone, most with missing row-level security. A default belongs to whoever sets it and costs whoever inherits it. For investors: ask who set the defaults a product inherits, and who checked them.