
Ep 393 Inside the Mind of an Acquirer with Valtech’s Randy Woods
Built to Sell Radio
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How to Deal With Black Swan Events in a Shared Purchase Agreement
There are external factors like global plagues or planes flying into building. How do you deal with those external factors in a shared purchase agreement? I think the idea is there's risk in the market for all of us, right? A meteor hits LA. Yeah. You'd be suffering from that risk whether or not you were part of our company or not. So we don't deal with it specifically. We kind of continue to absorb that risk with whichever percentage of your deal has been ruled forward. What percentage of your deals that you get under LOI close? Like 90%. And what would cause a deal to not close? The one that didn't close, it was basically material differences in
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