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If we are talking anything 7-figures or above...find an investment bank/broker. Sure you'll end up paying them a hefty cut...but you won't get screwed. Plus,
by scottkrager 16y ago
If we are talking anything 7-figures or above...find an investment bank/broker.
Sure you'll end up paying them a hefty cut...but you won't get screwed.
Plus, if you're getting interest from one large company, there are probably others interested as well and a good broker can run an auction for you to get a much better deal than trying to do it alone.
Selling your company isn't something you should do by yourself in my experience.
- alexsherrick 16y agoFrom my experience, investment bankers don't really know much of anything. I would shy away from this.
- scottkrager 16y agoBad experience? Well, if you find the right IB, it can make all the difference. (from my experience)