Built To Sell Radio

Jay Richards spent five months deep in an acquisition process. He had a letter of intent. He had mentally checked out. He was planning what came next.  Then issues surfaced in diligence and the deal collapsed.  This week on Built to Sell Radio, Jay walks John Warrillow through the full story of selling Imagen Insights, a qualitative research platform with clients like Visa, Google, and Amazon, and how you discover how to navigate two very different acquisition conversations and come out the other side with a deal you are genuinely happy with.  You'll learn why:  an LOI means far less than you think, and how problems in your books can kill a deal  founders who shop their company can signal desperation, and what Jay did instead  the eventual buyer valued the business on EBITDA instead of revenue, and why that worked in Jay's favor  Jay accepted an earn-out worth more than half the deal, and why he was comfortable with it  handing out equity without vesting created a problem a