Buy or Sell a Startup at

A new online marketplace for buying and selling companies officially launched this week: I believe BizTrader will be a strong competitor to the current company marketplace juggernaut, Both BizTrader and BizBuySell charge customers monthly fees to list their business for sale starting at $39.95 per month for BizTrader and $59.95 per month for … Continue reading

The Deal Behind Letters of Intent

A letter of intent is a pre-acquisition agreement that shapes the preliminary understandings of the parties. Although usually non-binding (for the most part), it serves as the bridge between initial negotiations and the purchase agreement. And that’s important because the letter of intent should facilitate the deal. The letter of intent will set forth the … Continue reading

What is a Leveraged Buyout?

A leveraged buyout (“LBO”) is a strategy where someone acquires an existing company using a significant amount of borrowed funds. Typically, the assets of the company being purchased are used as collateral for the borrowed funds. This allows someone to acquire a company without having to outlay a lot of personal or business capital. Then, … Continue reading