Shepard: First acquisition deal collapsed due to buyer lacking funds
Luke Shepard · Startup Acquisition Stories With Luke Sheppard, Founder of Revive Ratings · Mar 26, 2024 · at 11:34
Luke Shepard, founder of Revive Ratings, recounts the due diligence failure on his first potential buyer on Acquire.com.
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“He didn't have the money that he said that he did. And so it kind of the later acquisition about two months, which, you know, looking back, it's like, you know, kind of a drop in the bucket, right?”
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