Greg Shugar’s Post

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Owner of Beau Ties of Vermont

Just witnessed another company close up with a familiar storyline: - Company tries to raise money at unrealistic valuation. - Company gets plenty of interest but no takers due to high valuation. - Company doesn’t pivot/take money at lower valuation, instead insisting that the “right investor” will come along eventually. - “Right investor” never comes along. - Company runs out of time, operating capital decreases and Company either closes or operates as a shell of its former self. To those who are raising capital, remember that investors see plenty of deals and don’t “need” to put their money somewhere. This goes for institutional and individual investors. We can sit on the sidelines and wait for the right investments. So try to be less emotional and more realistic with what you’ve created. There’s a huge difference between “a great company” and a company that others will invest in.

Spandan Neogy

CEO @ Chiseled | 3x Founder | Linked-In Top Voice

5mo

Somewhere, emotional attachment can also be blamed for overvaluation.

Tony Adamo, AIF® Coach to CEO's, Business Owners, Executives

Wealth Wizard 🧙♂️ | Guiding CEOs, Business Owners & Professionals to Retirement Bliss 🚀 | Master of Tax Sorcery, Wealth Growth & Risk Adverse Adventures | 🔹Amazon Published Author 🔹Military Veteran

5mo

Agree 100% this why we have the resources to help businesses with successful and realistic succession planning.

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Ryan Davis

Senior Account Executive-Mid Market/Enterprise

5mo

Great point and 100% agree, our company just shut it's doors and I feel like the reason was exactly what you just stated.

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