Disclosure certainty 5/5 debate potential 1/5

Daugherty Mandated That Camskins Buyers Retain His US Manufacturing Partner

Colin Daugherty · Startup Acquisition Stories with Colin Dougherty, Director of Marketing at Zenlytic · May 23, 2023 · at 9:36

Colin Daugherty, founder of Camskins, explains his negotiation conditions when selling his e-commerce business on Acquire.com.

0:00 / 0:28exact quote · 28.1s
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“One of the requirements that I talked to all these guys with was if you buy cam skins, the manufacturer stays the same. I use a us manufacturer. These guys took a bet on me when I had basically no money in. And I basically gave them my life savings and was like, please bet on me. Like I know I have no proven track record. Like I promise I'll do something with it. So if you buy cam skins, you have to use these guys because I owe that to These guys, for sure.”

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More from Colin Daugherty

Assertion Not checkable as stated
Daugherty: Camskins Operated With 10 Contractors and Zero W-2 Employees
“We basically ran cam skins with 10 contractors and freelancers. No one was W two. It was just all contractors.”
Colin Daugherty May 23, 2023 ▶ 4:38 Startup Acquisition Stories with Colin Dougherty, Director of Marketing at Zenlytic
Disclosure
Daugherty Kept an Accountant and Lawyer on Call During Due Diligence
“My, I was basically keeping two people on speed dial at all times, which was my accountant and my friend who is a lawyer and I was basically just be like, if they needed anything, I would respond immediately with due diligence. And then if we kind of had some …”
Colin Daugherty May 23, 2023 ▶ 11:48 Startup Acquisition Stories with Colin Dougherty, Director of Marketing at Zenlytic
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