The Acquisition Process 101

Описание: http://theyec.org What does the acquisition process look like? Eric Bahn, found someone who was interested in purchasing Beat the GMAT when searching for partners. It was a direct response, we want to buy you, what are the next steps. Find out what those next steps were in his YEC Live Chat.


Q. What is a letter of intent or LOI? How did you find out that someone wanted to buy your company?

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About our Host:
Eric Bahn is the Co-Founder of Hustle Con, a conference series to help non-technical individuals launch tech startups. Previously he ran a niche social network from Beat The GMAT, bootstrapping this company into profitability for 5 years. Beat The GMAT was acquired by Hobsons on October 2012. Eric is passionate about mentoring new entrepreneurs, serving as a San Francisco Co-Chair for the Young Entrepreneur Council as well as a Board Member for Venture for America. He has a BA and MA from Stanford University and currently resides in Silicon Valley.

About YEC Live Chats
#StartupLab is a free virtual mentorship program created by The Young Entrepreneur Council (YEC), an invite-only organization comprised of hundreds of America's most successful young entrepreneurs. #StartupLab takes YEC's mission to help more people start successful businesses to the next level by offering millions of entrepreneurs direct access to YEC members through interactive video chats, email lessons and a library of how-to articles, videos and eBooks. Whether you're just starting up, a current business owner, or you run an organization that supports entrepreneurs, sign up for #StartupLab today for real-world advice from some of the coolest entrepreneurs on the planet.