Sell Too Late, Lose The Value
“If you now think it's time to sell your business, it's too late. You've already missed the opportune window.”
Transcript
this from the Corp Dev side the other way. You were most excited to buy companies before they were ready to sell. If you're now on the VC side and you work with portfolio companies, when you all agree that it is time to sell your business or go look for a buyer, it's too late.
You've already missed the opportune window, because if you think it's time to sell, because you think you've maxed out value creation for your business, most of these strategics have pretty solid teams internally that will come to the same conclusion. It doesn't mean you won't transact, but you'll be leaving value on the table.
The most uncomfortable conversations are having a discussion with a founder