The Private Equity Perspective on Acquiring, Operating, and Selling Software Companies
In The Trenches
The Importance of a Letter of Intent
Some SMBCEOs put a little bit too much stock in getting a letter of intent signed. There are very few truly legally binding provisions, usually confidentiality and exclusivity are kind of the two most important ones. After an LOI is signed, what are some of the more common reasons why a deal doesn't get done? Is it change of the macro environment? Is it the company missed a quarter or two? The faster you get to an LOI, the more there's still to do on the other side of the LOI.
00:00
Transcript
Play full episode
Remember Everything You Learn from Podcasts
Save insights instantly, chat with episodes, and build lasting knowledge - all powered by AI.
