Prados: Review Wave targeted $150M valuation with $15M in founder secondary
Matt Prados · $100m Deck Builder: Bootstrapped to $100M Valuation · Oct 12, 2022 · at 14:27
Review Wave founder Matt Prados discloses the exact valuation and deal structure he sought during his institutional fundraising process.
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“Yeah, so, I mean, we were looking at, you know, pretty much a hundred fifty million dollar valuation, 20% deal 50% for secondary, which is where you take it off the table, and then 50% to leave on the books, so we were going to take that fifteen million. We've got a short list of some companies that we want to acquire to go into other verticals, and you know, as a go-to-market strategy and other verticals.”
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