Founder Tip Time!: M&A
My team laughs when I see a pitch and its not a fit for us but bring up the idea of M&A for one of our portfolio companies. M&A is hard, takes a lot of work, and can be a distraction, and most VC's avoid the effort,....BUT....I think now is an amazing time for strong companies to consider acquiring complementary tech companies. Valuations aren't great and raising capital is really tough, but that means opportunity for well capitalized companies with vision! There are a lot of great technologies being developed with great human talent that can provide a growth boost, product boost and talent boost when done right, and done for very little cash or equity if done correctly. A merger can be a win win for both the buyer and seller. So excited to see one of my favorites Donny White and the Satisfi Labs team pull this acquisition off!
Big things are happening at Satisfi Labs, and we have some great news to share! 🚀
We are absolutely thrilled to announce the acquisition of Factoreal, an innovator in omnichannel marketing automation. This move not only accelerates our vision of building a comprehensive Conversational Experience Platform, but also opens up a new level of exciting possibilities for our clients.
Together, with the Factoreal team led by co-founders Aditya Dhruva and Ravichandra Kenchappa, we’ll bring even more customer experience capabilities to our clients.
Stay tuned for more updates about this acquisition, and learn more in our press release here: https://lnkd.in/eSGw2EXs