1min snip

"Turpentine Finance" with Sasha Orloff | Startup Finance, Leadership, CFO Strategy cover image

E3: Chris Bakke on Negotiating with Elon Musk and Setting Up An M&A from Day One (3x exits)

"Turpentine Finance" with Sasha Orloff | Startup Finance, Leadership, CFO Strategy

NOTE

Valuation is a Fluid Concept

Valuing a company can present significant challenges, particularly when assessing firms like Twitter, where opinions on its worth can widely vary, ranging from $8 billion to $45 billion. The valuation process often involves negotiating a combination of cash, stock, and earnouts, but in this case, the negotiation was remarkably straightforward due to the direct approach taken by key individuals. Rather than engaging in protracted deliberations and extensive financial modeling, the focus was on clear communication: proposing a number and receiving a prompt response. This efficiency in negotiations reflects a broader strategy where decision-makers can forgo exhaustive analysis for a more decisive and pragmatic discussion on company valuation.

00:00

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode