Chapter
How to Sell Your Company
1:03:17 - 1:07:35 (04:18)
One aspect of selling your company is to raise a little bit of money, make progress, raise some more, and repeat. Companies that are priced between 10 million or under and hundreds of millions are easier to sell than those priced in the middle.
Clips
Selling your company is easier at the very small or very high range, while the middle ground proves to be the hardest.
1:03:17 - 1:05:31 (02:13)
Summary
Selling your company is easier at the very small or very high range, while the middle ground proves to be the hardest. Companies within the middle range have usually raised enough money to set their asking price too high, resulting in difficulty finding a buyer.
ChapterHow to Sell Your Company
Episode#186 with Marc Lore - Brainstorming with Billionaire Marc Lore on What He Would Build Today and the Future of Ecommerce
PodcastMy First Million
One strategy for raising funds for your startup is to raise a little bit of money at a time, using the progress you make to raise more, but another strategy is to raise a large sum in the beginning to recruit top talent, create a great product, and make a bold bet on a large market.
1:05:31 - 1:07:35 (02:04)
Summary
One strategy for raising funds for your startup is to raise a little bit of money at a time, using the progress you make to raise more, but another strategy is to raise a large sum in the beginning to recruit top talent, create a great product, and make a bold bet on a large market.