Remove 2008 Remove Cofounder Remove Due Diligence Remove PR
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Time is the Enemy of All Deals

Both Sides of the Table

My co-founder and other management team members wanted us to hold off and see whether we could get the deal done at a higher price. We moved into the legal process and final due diligence in January and February of 2000. History repeated itself in September 2008 with that market crash. I was resolute.

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25 Best Startup Failure Post-Mortems of All Time

www.chubbybrain.com

When a co-founder walks out of a company — as was the case for me — you’ve already been dealt a heavy blow. So, the best way of dealing with this issue is to take a long, long vesting period for all major sweat equity founders. Too much PR, too early. Furthermore, founders become highly emotional about their companies.