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Why You Shouldn't Focus on Finding an Acquirer, The Value of Strategic Partnerships as Potential Acquirers, and When to Act Decisively with Hemi Thaker Who Founded and Sold Two Hardware Companies
Manage episode 344048431 series 3239375
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Hemi Thaker is an Ernst & Young Entrepreneur of the Year award winner (2011), and has been listed on Deloitte & Touche's Fast 50/500 CEO list, as well as Inc 500's CEOs.
Hemi founded two hardware companies without any venture capital, and sold them for over $200 million. Hemi shares with us his how he did it, and how serendipity can lead to new business connections that can lead to acquisition. Key takeaways:
- Don’t focus on finding an acquirer. Build a profitable business. Then acquirers will find you.
- The value of strategic partnerships as potential acquirers.
- Exit opportunities can disappear very quickly, so act decisively.
If your technology company is growing quickly, it is essential to hire a business and technology lawyer who can prepare your business for expansion and future sale. The lawyers at Thorsen Legal have represented some of the fastest growing technology companies in California and Texas, and are able and available to help you and your business.
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