Minjar
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the Neon Show 24
2023 20 mentions in 1 episode
2022 1 mention in 1 episode
2020 1 mention in 1 episode
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8 statements about Minjar, every show
Rayapati: Minjar founders sacrificed millions to ensure early investors were paid
“Me and Anand could have made like a couple of more millions each if he had optimized, but Anand was also very clear that, you know, look, we should be because when nobody trusted us, these people really trusted us.”
Rayapati: Minjar doubled Nutanix's initial acquisition offer in one week
“And but we could get from whatever that initial X value to two X value. Yeah. You know, in that short one week of negotiation.”
Rayapati: Founders should never name their acquisition price first
“So I learned, you know, in the process, I learned, you know, you never put the, Number on the table because you know there are like a lot of stories of founders saying, you know, how, and how much under value, you know, they do for their own company, right?”
Rayapati: Founders should not reveal acquisition talks to employees early
“I genuinely, I believe as founders, ah, you know, when you have this acquisition opportunities, if you tell your team very early, ah, if the deal doesn't happen, ah, it will create like so much of negative energy because people will think maybe we are not wort…”
Rayapati: Minjar rejected an $18M buyout before raising at $11M valuation
“Before Bloom decided to put money, we had an opportunity to sell the company for eighteen million. But we took money from Bloom for, like, less than 12,000,011 million.”
Rayapati: Minjar rejected a $5 million term sheet from a US VC
“After that, we got one term sheet for five million. Again, we said no, we didn't take that... So we had one of the US VC who wanted to put five million but me and Anand were got little scared thinking, man, what do you do with five million, right?”