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Christine McDaniel

Founder, The Magnolia Firm. On 1 show, 1 appearance. The Shows tab opens the full record on each.

founderauthorhostoperatorLinkedIn ↗christinemcdannell.com ↗Wikipedia ↗

She founded The Magnolia Firm in 2021 to guide founders through acquisitions and exits of remote-operable digital businesses. Previously, she founded and exited multiple companies across tech, cleaning, and wellness, and authored the book Get Acquired.

1shows
1appearances
8statements
0resolved
0supported
0contradicted

Everything Christine McDaniel said on any show that made the record, most notable first. Each card names its show and opens the statement there.

ACQUISITION STORIES Assertion Not checkable as stated
Digital M&A remains a seller's market despite 2022 rate hikes
“It's, anybody listening, it's definitely still a seller's market. The R word isn't scaring anybody. The Fed raising the rates is not, like, it's just a seller's market still, which is amazing”
Christine McDaniel Nov 15, 2022 ▶ 10:49 Startup Acquisition Stories with Christine McDannell, Founder of The Magnolia Firm
Sellers should send prospective buyers weekly growth updates during closing
“Every single week, we're sending that buyer, like, an exciting email, like, hey, this is a new initiative we launched this week. Hey, these are our sales numbers. Hey, et cetera, and keeping them completely excited, engaged the whole way until the close”
Christine McDaniel Nov 15, 2022 ▶ 20:03 Startup Acquisition Stories with Christine McDannell, Founder of The Magnolia Firm
McDannell saved an acquisition after low appraisal via weekly growth updates
“And like, it almost fell out because the appraisal came in so low and I stuck to the full price offer. And, but I know he would have, they would have dropped if they weren't so excited and engaged and watching me grow the company for three and a half months.”
Christine McDaniel Nov 15, 2022 ▶ 20:24 Startup Acquisition Stories with Christine McDannell, Founder of The Magnolia Firm
ACQUISITION STORIES Assertion Not checkable as stated
Unnamed buyer signed LOI, completed diligence, and wired funds within 24 hours
“So from the morning he came in and then he met with the seller in the afternoon. We did LOI same day and then we did due diligence and then he closed and wired the money the very next day.”
Christine McDaniel Nov 15, 2022 ▶ 5:37 Startup Acquisition Stories with Christine McDannell, Founder of The Magnolia Firm
ACQUISITION STORIES Assertion Not checkable as stated
Richard Branson admitted Virgin Galactic cost double his original budget
“Virgin Galactic, he said he spent double what he would think he would spend. He said it was super crazy stressful”
Christine McDaniel Nov 15, 2022 ▶ 9:08 Startup Acquisition Stories with Christine McDannell, Founder of The Magnolia Firm
M&A brokers often reject clients under $120,000 in annual net profit
“The magical number seems to be about a 120 K net profit a year because somebody can quit their job, maybe not in California, but quit their job and like live on that. Right. And so, so that's this magical number. So yeah, we're typically not taking any clients…”
Christine McDaniel Nov 15, 2022 ▶ 24:06 Startup Acquisition Stories with Christine McDannell, Founder of The Magnolia Firm
McDannell raised on $10M valuation and sold pre-revenue at a discount
“I started a tech company in 2018. We sold it last year, but not for, you know, it was very expensive to build out. Of course we didn't hit revenue. And so we had to sell it at a discount last year, but I was, it was like a fun time, you know, as I was in Los A…”
Christine McDaniel Nov 15, 2022 ▶ 25:33 Startup Acquisition Stories with Christine McDannell, Founder of The Magnolia Firm
ACQUISITION STORIES Assertion Not checkable as stated
Buyer closed TripKit acquisition within two weeks of discovering the company
“From when he saw the company to when we closed was maybe two, one to two weeks.”
Christine McDaniel Nov 15, 2022 ▶ 4:42 Startup Acquisition Stories with Christine McDannell, Founder of The Magnolia Firm

One line per show, most statements first. The link opens Christine's full record on that show: the calibration, argument clarity, speaking style and every statement made there.

ShowRole thereEpsStatementsRecord
ACQUISITION STORIESLEDGER Founder, The Magnolia Firm 1 8 full record on Startup Acquisition Stories →
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