797: Achieving a More Perfect Exit | Melinda Smith, CFO, ChaosSearch
Back in early 2014, the management of Paydiant, a 4-year-old mobile payments start-up, believed that it was still several years away from engaging with acquisition-minded bankers.
Nevertheless, when PayPal came calling, the Paydiant team decided that they were worth a listen.
“Even though it was still an early stage for us to be in to be thinking about exiting the business, it was just a super interesting opportunity,” remembers Melinda Smith, whose CFO resume today lists the 2015 sale of Paydiant to PayPal as her third early-stage exit.
“If you had asked me when we first got acquired whether…
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