Rathee: Founders should ignore early 1.5x to 2x lowball acquisition offers
Jaisal Rathee · Startup Acquisition Stories with Jaisal Rathee (JR), Founder with 6x Exits · Aug 30, 2022 · at 10:46
Serial founder Jaisal Rathee shares advice with Andrew Gazdecki on navigating early low valuation offers on startup acquisition marketplaces.
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“Every time I've listed a startup without fail. There's always that one person who lowballs you with like a 1.5 X multiple or two X multiple. It just says your startup isn't worth what you're asking for. I'll pay you this much. So, so don't fault them. Even if they come in early, even if they come in within a few days of your listing, Don't fall for those. If you think a startup's worth something you know, stick it up, wait, wait for it.”
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