“We spent 18 months building the product, hiring up the engineering team, building the app… once we launch, we need a path to profitability within 12-18 months.”
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Said on True Wealth: money & business podcast
“If you are starting to develop a relationship with the company about a 12 to 18 months before there's any kind of a transaction related conversation, you have a pretty good sense for who these people are, how they like to work.”
Michael Gupton · M&A Science · Strategy Drives M&A, Not the Other Way Around
Play from 8:24
8:24
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What was described
Develop a relationship with a target company 12-18 months before any transaction conversation, meeting the founder, management team, and product sessions to assess cultural fit
12 to 18 months, 70, 80%
Said nearby on the same subject
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Lonnie Rodriguez
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“You need to bring those different teams at the companies together... and start a conversation before you start planning your campaigns”
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“There was around 20 managers at that meeting... the management team asked the trustees to meet the second division managers, we call them, 20 heads of departments”
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Said on The Quinn Files
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