PSS Systems exited to IBM without a down round or recapitalization
Deidre Paknad · 1434 She Saved a Pre Revenue $60m Raised Company, Then Launched Own Passing $6m in ARR for Team Alignment Tool · Jun 28, 2019 · at 6:08
Deidre Paknad led the turnaround of PSS Systems through two recessions before its acquisition by IBM.
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“Ended up with an exit that was no down round, no recap. Got to value on, on that capital.”
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