Time is the Enemy of All Deals
Both Sides of the Table
FEBRUARY 25, 2010
We were trying to optimize around a few criteria: price, size of round, number of syndicate partners and, of course, terms. It quickly became impossible to raise venture capital. It isn’t even a story about raising venture capital or M&A. We ended up agreeing a term sheet for $16.5 Yes, this was stupid.
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