“I spent about two years cataloging these foods. I spent about 10 years doing a metabolism research, but two years really cataloging these foods.”
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Said on Feel Better, Live More with Dr Rangan Chatterjee
Riccardo Pisano · Practical Founders Podcast · #216: Messy Financials Killed a Good LOI and Slowed a Profitable SaaS Sale - Riccardo Pisano
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spent two years building clean financials, data rooms and legal docs before acquisition
“I spent about two years cataloging these foods. I spent about 10 years doing a metabolism research, but two years really cataloging these foods.”
“Connected system that pulls in your financials, website conversion data, order history, cart data, lead time… you can build dashboarding, different views, recurring queries”
“They may be willing to pay two, three times what you're really worth in a financial market, because in their strategic acquisition of you, you may bring multiple X value to their enterprise.”
“If you get asked, say, two questions, one's a legal advice question, one's a commercial advice question, perhaps answer them as separate emails. One, so this is legal advice, this is privileged. And two, here's my answer to your commercial question.”
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