Summary: More great advise from Fred, you're adding somebody to your family when you take on an investor not just getting a silent pile of money. So consider w

Summary: More great advise from Fred, you're adding somebody to your family when you take on an investor not just getting a silent pile of money. So consider what else comes along with the money and don't always just take the highest offer -- look at the value of each. The same applies for a sale transaction. Opinion: While this is somewhat self serving for him to get people thinking this way it is true. Consider this example: Investor A offers you 5M at 20M for 25% of the company but doesn't know or understand your market and investor B offers you 4M at 16M for 25% of the company but has built a successful business in your market before and can help you avoid costly mistakes. The same applies on a sale transaction. If you think the acquirer doesn't understand your business then the maximum value you'll see from that transaction is on the day of it. If you believe they understand it and it'll continue to grow you can stay on board and create much more value of which you'll be rewarded for.