Matt Prados
๐ค SpeakerAppearances Over Time
Podcast Appearances
So, I mean, we were looking at, you know, pretty much $150 million valuation, 20% deal, 50% for secondary, which is where you take it off the table and then 50% to leave on the books.
So we were going to take that 15 million.
We've got a short list of some companies that we want to acquire to go into other verticals and, you know, as a go-to-market strategy and other verticals.
It's a great question.
So repeat it real quick.
So at what point does it make sense to take money off the table?
At the end of the day, it's a personal question.
You know, how much are you giving up?
How much are you getting now?
You know, there's some de-risking factors.
But at the end of the day, if I wait two years, you know, instead of this valuation, if we get to 5x from where we are.
What did I lose by taking it now?
You know, I'm not going to make that up in an investment.
Right.
So it's a it's a hard personal choice.
You know, I mean, you've heard a lot of different things over the last two days about how people did things.
And there's no one answer that's right for anybody.
Right.
Somebody was like bootstrapping is trying to break even at the end of every year and
Like, I don't believe in that.