3 ms·
Investment Bankers get a couple percent and a bit of cash. 10-15% is way too high. Maybe 5% if you you think he could make it happen and you couldn't. This guy
by staunch 16y ago
Investment Bankers get a couple percent and a bit of cash. 10-15% is way too high. Maybe 5% if you you think he could make it happen and you couldn't.
This guy is probably full of it though. The expression goes "Companies are not sold, they are bought." If you haven't even been contacted by potential acquirers it's unlikely any would want to buy you. Make sure you don't owe this guy anything unless there's a successful acquisition AND he introduced you to the buyer. Put a term limit on this agreement, like 6 months.