A Family Office's Journey: From Phone Books to Home Building with Brandon Ball

📖 Growth Capital Podcast — Episode 91 📖

What happens to a family's wealth after they sell a business at exactly the right moment, and then decide they're not ready to stop building?

In this episode of the Growth Capital Podcast, host Justin Dixon sits down with Brandon Ball, Partner & CFO at Blue Diamond Capital, a single-family office based in Provo, Utah. Blue Diamond traces its roots back to an independent phone directory business that the Bingham family sold off just as the iPhone was about to make the entire industry obsolete. That exit became the foundation for a decades-long investment platform spanning real estate, home building, construction, and operating companies across the country.

This conversation goes beyond a typical investing breakdown. It's a look at how a family office actually thinks differently from private equity and venture capital, why timing can matter more than a deal’s strength, and how patient, relationship-driven capital is emerging as a real alternative for founders navigating today's tighter fundraising environment.

🔍 In this episode, you'll learn:● How family office investment thesis and timeline differ from PE and VC● How Blue Diamond grew from real estate into home building, construction, and franchise businesses● What a typical deal structure and check size looks like, including non-dilutive subordinated debt● How the family's philanthropic foundation is built directly into the business model

Whether you're a founder evaluating non-traditional capital, a PE or VC professional trying to understand how family offices compete for deal flow, or an operator curious about how one exit became a multi-decade investment platform, this episode offers a practical look at a side of the capital markets that rarely gets discussed publicly.

Connect with Brandon Ball: 📧 Email: brandonb@bluediecap.com 🌐 Website: https://www.bluedicap.com/

🔔 If you found this conversation valuable, give the video a like, share it with a founder exploring alternative capital, and subscribe for more in-depth conversations with the founders, investors, and operators shaping the future of business.

💬 Tell us in the comments: Would you rather raise from a fund racing a clock, or a family office with no clock at all?