“We sent out 120 teasers… we had 49 people respond… we got 45 NDAs… we ended up sending 35 SIPs out, and we ended up with nine IOIs.”
JF
Jim Fitzgerald
Built to Sell Radio ·
Jim Fitzgerald · Built to Sell Radio · Ep 567 Rejected at 4x, Sold for 8 Figures: The Growth Mistake That Nearly Cost Jim Fitzgerald Half His Exit
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sent 100 outreach letters to potential buyers, received 30 statements of interest (SIPs), and narrowed to 5 indications of interest (IOIs)
100 letters, 30 SIPs, 5 IOIs
“We sent out 120 teasers… we had 49 people respond… we got 45 NDAs… we ended up sending 35 SIPs out, and we ended up with nine IOIs.”
“By around 9.30 that morning, he had assembled the indications of interest for approximately $6 billion.”
“We run a very interesting indexing business out of Delhi… a lot of those indices are created in India… skill sitting in Gurgaon creating indices for the rest of the world.”
“I would take and have a virtual assistant use Mindy to pull down the statements of work and send it to partners for things that I was interested in and my pipeline.”
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