Navigating a Missed Acquisition Opportunity

This chapter delves into a missed acquisition opportunity where a private equity firm approached the speaker's company for a multi-million dollar deal, only for the terms to change abruptly, leading to the deal falling through the day before closing. The conversation covers topics such as due diligence, valuation based on revenue multiples, and the risks and rewards of rolling equity into a larger entity. The narrator reflects on the importance of transparency and delegation in business dealings, emphasizing the need to focus on positives and overcome challenges in the journey of selling a business.