“And you turn away a $14.5 million offer and many other offers.”
MM
Matthew McConaughey
Build or Break ·
True Wealth: money & business podcast · Billion-dollar founder: 5 rules I use to build businesses that actually scale
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Turned down a $250 million cash acquisition offer because investors expected a $500 million IPO valuation shortly after
$250 million offer; $500 million IPO target
“And you turn away a $14.5 million offer and many other offers.”
“We raised $50 million on a $750 valuation… we are going to invest heavily in AI… design cycles go down from 12 months to 12 weeks to 12 hours”
“It's $300 million equity cap ... they'll generate $75 million worth of cash flow over the next year. They've got $100 million of net cash”
“I paid $735 for it and I settled it at a $7 million valuation. That's because I bought it in October of last year and just settled it now.”
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