Hi all,
I'm negotiating price with a seller but no surprise, they are insisting on a much higher number. Basically I bid 3.5x but they want close to 5x. Could really use some advice - if you've dealt with this and would be willing to chat please reach out!
Thanks a lot,
David
Need advice navigating a price gap
by a searcher from Columbia University - Columbia Business School
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Also depends whether you will have external investors or only banks to finance the deal. Should you be sole owner of the company, and you want it so bad, paying 0.5x-1x more is a year of cash flow, which is what you may end up spending searching for a new opportunity!