AI ECO VI VICTOR RAPHAEL How Serious Acquirers Find Deals Before They Hit the Market The term sheet arrived before the founder had told anyone she was thinking about selling. She had not listed the business. She had not…
ECO VI VICTOR RAPHAEL The Founder Who Sold at the Wrong Time He closed the deal in November. The wire hit his account on a Thursday, $1.8 million for a decentralized identity protocol he had spent…
AI ECO VI VICTOR RAPHAEL The Operator Who Stopped Building and Started Buying He had been staring at an eighteen-month roadmap for a feature his users were already getting somewhere else. Not a feature that was…
AI ART ECO VI VICTOR RAPHAEL The Founder Who Couldn’t Say the Number She had been building for three years. The protocol had $420,000 in annual recurring revenue, a technically defensible architecture on a…
AI ECO VI VICTOR RAPHAEL The Handshake That Cost Him the Deal The call ended at 6:47 in the evening and the founder texted his wife before he even stood up from his desk. The buyer had said the words…
