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Who Wants To Be A Millionaire? Every Successful Entrepreneur Should Expect The “Million Dollar Question”

InfoChachkie

The company was approached by a Big Dumb Company (BDC) who made a nominal acquisition offer within months of the company’s founding. As described in Venture Debt , sophisticated investors generally say “No” to the Million Dollar Question, as they typically demand a higher return than can be obtained by selling a company in its early stages.

article thumbnail

Who Wants To Be A Millionaire? Every Successful Entrepreneur Should Expect The “Million Dollar Question”

InfoChachkie

The company was approached by a Big Dumb Company (BDC) who made a nominal acquisition offer within months of the company’s founding. As described in Venture Debt , sophisticated investors generally say “No” to the Million Dollar Question, as they typically demand a higher return than can be obtained by selling a company in its early stages.