bBlog: The sales, marketing and business weblog

Category: Finance/VC

18th November 2005

Letter of Intent: Form of Consideration

“I had the following conversation recently. Entrepreneur: ‘Brad, I just got an offer for my company for $15 million from Company X.’ Brad: ‘Awesome. Who’s Company X, I’ve never heard of them.’ Entrepreneur: ‘It’s a private company funded by Venture Firm Y.’ Brad: ‘Cool, $15 million — is it a cash deal?’ Entrepreneur: ‘No, it’s all stock…’”

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