Guides
How startup acquisitions work
What is an acquihire?Why companies buy startups for their people rather than their product, and what it means for founders, staff and investors.How startup acquisitions work: from LOI to closeThe usual steps of selling a venture-backed startup, from the first conversation to the money arriving.Startup exit multiples explainedHow to read price-to-funding and revenue multiples, and why they vary so much between deals.Asset purchase vs share purchase in startup M&AThe two ways to buy a startup, and what each means for liabilities, contracts, taxes and the people involved.