Wildass guess: because it means the ownership and $ are thus simpler? You're less likely to have to deal with a half-dozen-plus VCs, each of whom thought this was a 100x company and now wants to make at least 10x.
I agree, it's an odd requirement! -----Original Message----- From: IBM Mainframe Discussion List <[email protected]> On Behalf Of Schmitt, Michael Sent: Friday, January 31, 2025 1:43 PM To: [email protected] Subject: Re: Izzi Software acquires ColeSoft The Izzi Software website (https://izzisoftware.com) says: "Izzi is interested in companies with a history of providing both innovative solutions and excellent service. We’re seeking founder-led or founder-owned organizations with less than $10M annual recurring revenue who have great products and loyal customers we can invest in to grow." Why does founder-led or owned make a difference as to whether a company is a good acquisition? ---------------------------------------------------------------------- For IBM-MAIN subscribe / signoff / archive access instructions, send email to [email protected] with the message: INFO IBM-MAIN ---------------------------------------------------------------------- For IBM-MAIN subscribe / signoff / archive access instructions, send email to [email protected] with the message: INFO IBM-MAIN
