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Generally such businesses get sold directly by the owner approaching interested parties (companies in the same space, competitors, etc.). If they end up on a p
by ig1 13y ago
Generally such businesses get sold directly by the owner approaching interested parties (companies in the same space, competitors, etc.).
If they end up on a public market it generally means that no-one in that space was interested in it, which is a huge negative flag (i.e. strong indication it's a dud) which drives the price down so much it's often not worthwhile doing the sale (i.e. handling the legal, accounting cost and processed aren't worthwhile).
- api 13y agoI'd thought about that, and wasn't sure if approaching a potential competitor would look like an ultimatum and just piss them off. "Pay for this or I release it and compete with you." Of course (a) I guess that's business, and (b) if I were the competitor, had the money, and wanted to get a leg up, I might actually be pleased. It would depend on my position.