https://berkonomics.com/?p=4323&utm_source=rss&utm_medium=rss&utm_campaign=a-million-things-can-kill-the-deal-2 Dave Berkus' business insights Tue, 25 Aug 2020 19:44:46 +0000 hourly 1 https://wordpress.org/?v=6.9.4 https://berkonomics.com/?p=4323&cpage=1#comment-140514 Tue, 25 Aug 2020 19:44:46 +0000 https://berkonomics.com/?p=4323#comment-140514 One thing I learned the hard way is to make sure you’re fully capitalized if the deal doesn’t go through. Our buyer had a big market hiccup in May, the deal dragged on until it died in October, and by then, because we hadn’t been raising during the process, we didn’t have enough runway left. Also, we had a C-level exec who came on board to be part of the post-acquisition company and when the deal departed, so did he. Painful lessons I wouldn’t wish on another founder.

]]> https://berkonomics.com/?p=4323&cpage=1#comment-140513 Tue, 25 Aug 2020 17:54:24 +0000 https://berkonomics.com/?p=4323#comment-140513 Another great blog, Dave!

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