Ep 381 How to Know When to Sell our Business: Inside Nasdaq’s Acquisition of Quandl. Lessons on Timing and Negotiation for Entrepreneurs with Tammer Kamel - Risks of taking VC money, compete with an industry giant, negotiate with a competitor, knowing w
Built to Sell Radio
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The Need for VC Money
We were a pragmatic small company trying to add revenue. Depending on the data set we would offer annual or monthly payment structures. Most customers... Annual with paid up front? Yeah. So why the need for VC money? What was driving it? There's two things that are expensive to do, one is there's a substantial investment you need to make in the technology platform to deliver this data. And there's a ton of R&D that goes on to find a good data set.
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