Chatkick Met 60-70% of Trinsley's Cash Asking Price Plus Equity
Daniel Jekaitis · Startup Acquisition Stories with Daniel Jakaitis Founder of Chatkick · Nov 15, 2021 · at 7:02
Daniel Jakaitis, founder of Chatkick, details the financial structure used to acquire software product Trinsley from its original founder.
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“So we gave him a nice tranche of cash. I would say we got to about the 60, 70% range of his cash expectations. And then I would say a healthy block of equity that if there is an exit event, he's gonna see some very nice returns off of it.”
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