Karen Rands, Compassionate Capitalist
Merger & Acquisitions - Most Likely Way to Get a Return on Your Angel Investment
- Author: Vários
- Narrator: Vários
- Publisher: Podcast
- Duration: 0:43:04
- More information
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Synopsis
IPOs get the big press. Mergers & Acquisitions are usually private transactions. Startup Founders and their investors plan for an 'exit' that sometimes may be an Initial Public Offering - IPO - but usually the most likely exit happens much sooner than an IPO, when the company gets acquired by a fund or another bigger company. Listen to this episode of the Compassionate Capitalist Podcast show to host Karen Rands, and guest Ted Bender, discuss the differences in types of acquisitions: horizontal, vertical, consolidation, strategic, market expansion, roll-up and how they might pursued as an exit strategy. Most acquisitions are calculated as a multiple on EBITDA. For startups and early stage companies, sometimes there is a intangible factor such as the strategic value of tech or customer set that isn't measured by profit. And then there is 'timing'... when do you sell and does there come a time of diminishing return? Ted Bender is an expert in the M&A space, founding Croft & Bender, a hi