Tagged: deal

Last Minute Offer!

Unbelievable. I woke up yesterday morning with the mother of all hangovers having decided to drown my sorrows late into the night.

Yesterday was to be the very last day. I was planning to call an end to everything at 6pm. But we had 1 last meeting planned with a company we had met a couple of weeks prior.

I told my colleague how hungover I was. I was dying. I told him in advance that ironically, I had pulled off some other notable deals in my life hungover. Perhaps it would happen again. Hah. I’m not saying thats a great strategy for raising funds by the way.. just happens to be true.

So we went into this meeting at 10.30am. The alcohol still running through my head… more than likely dripping out of my pores. I felt physical pain…┬áBut this was the last meeting I was to ever have on this crazy startup that never wants to die. So I gave it my all. A full on, impassioned, emotional spiel. My defenses were down, but I had nothing to lose. “This is what it is, are you interested?”

On the spot they made an offer to pay off our existing investors, and crucially to fund the company to the level I want for the next couple of years.

Unbelievable, considering.

The fact is that nobody gets rich here, this is not a Snapchat acquisition, but what this is is a deal, survival, security and a future. Personally and for the entity.

Obviously nothing has been signed yet, anything can fall through… but thats where we are.

The show goes on. Hopefully.

Will keep you posted.

John Startup