Calm Capital negotiated the entire Wave acquisition over a shared Slack channel
Marty Balkema · Startup Acquisition Stories with David Horne & Marty Balkema - Co-founders at Calm Capital · May 31, 2022 · at 18:18
Marty Balkema, co-founder of Calm Capital, describes how they negotiated and closed the acquisition of audio-to-video SaaS platform Wave.
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“We negotiated the entire deal directly with them over Slack. So after the first call, we started a Slack channel shared Slack channel, and we started I mean, I don't know, probably, David, from, what, Thanksgiving to the end of March is when we closed, so, you know, not even six months, and we kept the transaction costs really low, and I don't know, we probably had four or five Zoom calls during that time.”
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