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A comment on I Merged My One-Person Software Company with a Bigger Player (2018). Parent comment

Re:I Merged My One-Person Software Company with a Bigger Pla... by charlesdm on Tuesday April 30, 2019 @02:51AM (#19785690)
No sensible buyer (i.e. not strategic) is going to pay high revenue multiples for a private illiquid company. Exceptions to this might be when they have some advantage (existing customers etc) to sell to. But nearly all PE shops overpay on large deals.
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Re:I Merged My One-Person Software Company with a Bigger Pla... by einarvollset on Wednesday May 01, 2019 @07:58PM (#19802979)
By strategic, I don’t mean “sensible” or “smart”, I mean it’s a buyer where the asset is considered strategic, hence it would always fit under your “when they have some advantage” umbrella.
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