Matt Prados
speaker
467 appearances
2 recordings
1 series
first heard Oct 2022
last heard Feb 2024
Matt Prados’s voice in public audio — every appearance, attributed to the second.
Trend
recordings per month · last 12 monthsNo recordings in the last 12 months.Older appearances are listed below; set an alert to hear about the next one.
Appearances
Uh, from that, we ended up in 30 different, uh, conversations.
And, uh, from that, we got down to like three, um,
basic term sheets and then we actually signed one and started letting them do diligence to see what would happen.
And I ended up kind of like not liking them, kind of pulling back a bit.
Yeah.
Yeah.
I mean, at the end of the day, there's lots of money out there, but it's like, who's giving you the money and what else are they giving you besides money?
And funny enough, they gave me some references of people they did deals with.
And so I called them and one of them was like, dude, just so you know, they're only money.
I was like, wow, this is their reference.
That wasn't very good for them.
But so, you know, if I'm going to bring somebody on and they're going to get to take this ride from 10 to 50 million with us over the next couple of years, I want somebody who's going to contribute more than just the money because, you know, I don't need the money right now.
Yeah.
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.
Showing 341–360 of 467 · page 18 of 24
← Previous
Next →