Michael Shang

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Deal ThinkingDecember 2025

A simple framework for thinking about bankability in mid-market situations

Separating narrative from evidence, timing from appetite, and what “bankable” means before structure enters the room.

Overview

Bankability is not a vibe. It is the intersection of evidence, appetite, and timing—before structure and terms become the focus of the room.

Three separations

Separate story from evidence, timing from appetite, and what is true today from what you hope will be true next quarter.