David Braun
👤 SpeakerAppearances Over Time
Podcast Appearances
It was uncertainty, you know, like I, and my, my senior partner, he became, he got a cancer.
So I had to be with him in Israel and in us.
So I decided to sell the company.
I was 25 mil a year.
No, no, no.
We was like super profitable.
It was 70% margin to the bottom line or gross.
Yes.
Yeah.
Bottom line net.
No, I had another one.
He's like, so like there was like a private deal, like a private equity, like a family, a family office.
So they wanted just cash.
So our, the condition was as long as we continue delivering the forecast in sales, we could do whatever we want.
We just, so they do not interrupt into operation.
So I have a contract until 2021.
Uh, and then, you know, like the contract expires, I stay in the board and I go.
Kind of, kind of cause I have operational directories.
So I usually like supervising.
Our cash upfront was about 45.