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How to Buy Companies That Aren't Profitable Yet

Matt Arsenault, VP of Corporate Development & Strategic Alliances at Jamf

"A $25 million M&A deal today can be just as valuable to a founding team as a $125 million deal three years from now." Matt Arsenault has run that math with enough founders to know it changes deals.

Matt walks Kison through how VCs price a company on the management team and the size of the disruption opportunity, and why AI wrapper startups are now valued as acqui-hires. He shows how a liquidation preference turns a "$100 million" company into a $21 million payout for the founders. Then he lays out how to close a…

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