The Ledger
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Jakaitis: Giving sellers equity ensures responsive post-acquisition technical support
“There's no matter how technical you are and how much into the weed that the product you can get, there's always like little corner cases that you'll want to ping him about. And because he has skin in the game today, he's always willing to pick up the phone and…”
Jakaitis: Chatkick Faced Escrow.com Payment Delays Up to Three Weeks
“Like, we used escrow.com for our payments, and we had all sorts of issues getting payments into the platform, and then also out like, delays up to two to three weeks, which was, Challenging because you want to impart trust on each other, but at the same time, …”
Chatkick Met 60-70% of Trinsley's Cash Asking Price Plus Equity
“So we gave him a nice tranche of cash. I would say we got to about the 60, 70% range of his cash expectations. And then I would say a healthy block of equity that if there is an exit event, he's gonna see some very nice returns off of it.”