
From Searcher to Sponsor: How to Buy a $22m Business
Acquiring Minds
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Navigating the High Stakes of Fundraising and Transitions
This chapter chronicles the arduous journey of raising equity funds for a business acquisition under tight timelines while managing various challenges. It emphasizes the emotional and financial complexities faced by independent sponsors, delving into their experiences with investor pitches and post-acquisition hurdles, including toxic cultures and seller relationships. The speaker reflects on the need for preparation, trust-building, and cultural repair amidst the chaotic dynamics of business transitions.
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