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Founder's Journal

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Did You Use a Banker to Get You a Deal?

Some bankers won't think about working with the business unless it's out of certain size because it's not worth their time. And so some people just look at us and kind of go, either they didn't think we were serious enough or they don't think the market was right. They get paid on a success fee. So they're basically betting on their chances and ability for you them to get you a deal good enough that you'll take it. But by Q2 or so, John was beating his plan and we started talking to more folks and started working with a banker.

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