Frankel: Founder Collective holds PE acquisition LOI for vertical SaaS portfolio company
David Frankel · David Frankel, MP @Founder Collective: Investing Lessons from Seeding Coupang, Pillpack & Suno|E1214 · 20VC with Harry Stebbings · Oct 14, 2024 · at 26:09
David Frankel, Managing Partner at Founder Collective, explains how private equity consolidators are creating liquidity and DPI opportunities for VC funds in vertical software.
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“We've got an LOI in a vertical SaaS business right now. LOI. We haven't got, this is not there yet. The company's done tens of millions. It's got a good valuation. It's PE.”
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