Alpha built an advisory business around a simple, uncomfortable idea: before a company tells Wall Street its story, it should find out what Wall Street actually believes.
Since 1981, First Analysis has turned deep sector research into venture bets and deal advice for B2B software founders. The result is one of the longest track records in Chicago venture capital, built one thesis at a time.
FTI Consulting built a $3.8 billion business by showing up when the spreadsheet, the courtroom and the evening news all collide. Its advantage is not one famous framework - it is a bench of specialists who can move from evidence to economics to reputation without changing firms.