Disclosure certainty 3/5 debate potential 1/5

Morgan: ChannelGrabber's original shareholders are open to an acquisition

Mike Morgan · 1575 Why This $1.4M ARR CEO Wants to Double CAC Even Though You Think Thats Bad · Nov 16, 2019 · at 9:52

Mike Morgan, CEO of ChannelGrabber, confirms the company would seriously consider an acquisition offer around $6 million to provide liquidity to early shareholders.

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“I think that a sale of the company is interesting for current set of principal shareholders then in the business for, well, since the outset in the case of the founders, and we also have a an angel investor who came in, in our first and only seed round. And so I think there will be an appetite that none of them are executive or operational with business right now. They're quite distant from it. So I think there would be an appetite to, Step out of this stage.”

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Prediction Not checkable as stated
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