Spera: GrowthBar received two acquisition offers within 72 hours of listing
Mark Spera · Startup Acquisition Stories with Mark Spera, Co-founder of GrowthBar · Aug 22, 2023 · at 17:13
Mark Spera discusses how listing GrowthBar on Acquire.com rapidly created buyer competition and forced a previous offline suitor to submit an offer.
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“And truly got two offers basically before 72 hours were up, something like that. Got another offline offer from a firm who was sitting on the sidelines and had, had approached us, I don't know, six months before, and I had told them, hey guys, we're gonna list on Acquire, and you know, the date is whatever, June seventh or whatever our list date was, and then sure enough, June sixth, They email us and they're like, Hey, do you have like an updated P and L and like all this other stuff? And then sure enough, June seventh, they gave us an offer.”
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