Rayapati: Minjar rejected an $18M buyout before raising at $11M valuation
Vijay Rayapati · Selling His Company To A US Public Company (Nutanix) And Now Building Atomicwork, Vijay Rayapati · Sep 1, 2023 · at 1:09:58
Vijay Rayapati recounts weighing an acquisition offer versus venture financing from Blume Ventures for Minjar.
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“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.”
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