Blog – Ondřej Fryc

We’ve sold something, again… (oh, the lawyers :)

March 31st, 2021 •

Imagine a world, in which you have a company you want to sell. A buyer approaches and says: “I’ll give you 300 million for it”, you negotiate a bit and agree on 400 million, sign one page contract (seller, buyer, name of the company, price, date) and the money is in the bank after three days.

Brand Embassy Story Through the Eyes of an Investor

May 24th, 2019 •

Brand Embassy is now part of NICE. We sold our stake, the money is in the bank and everyone, including the buyer (NICE stock performance post announcement jumped considerably), is celebrating.

The Valuation Trap – Part 3, Downround

February 5th, 2019 •

Imagine: You have a really good company, an investor agrees to invest $5m at a wow valuation of $25m pre-money ($30m post-money) and everyone is happy.

The Valuation Trap – Part 2, a Dog in the Manger

January 16th, 2019 •

Been there, done it. I took investors into my company and awarded them with extensive rights without much thinking about it.

The Valuation Trap – Part 1: Liquidation Preference

December 7th, 2018 •

Valuation. The magic word supposedly related to the current price tag of a company. Is it so, though?

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