McDannell saved an acquisition after low appraisal via weekly growth updates
Christine McDaniel · Startup Acquisition Stories with Christine McDannell, Founder of The Magnolia Firm · Nov 15, 2022 · at 20:24
Christine McDannell reflects on selling her own business and how maintaining buyer excitement during deal delays prevented a transaction collapse.
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“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.”
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