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  • A startup CEO's view of being acquired

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A startup CEO's view of being acquired

Adify's Russ Fradin talks about Cox, bankers and having a boss Russ Fradin of Adify is the type of entrepreneur that investors want to get involved with -- one with a history of successful exits.When Cox Enterprises bought Adify for $300 million in cash earlier this year, it was his fourth startup that had either been acquired or gone public. The company had raised a total of $27 million, including angel money and two venture rounds. Series A investors were in the deal just two years and Series B investors just one year, which meant venture firms Venrock Associates US Venture Partners and strategic investors NBC and Time-Warner were happy with the deal. "It was a great return for all our investors, all our angels and all our employees," says Fradin, ... [ Read more ]

Vator TV | September 17, 2008Watch more videos from Vator TV

Tags:. .company. .angels. .read. .happy. .public











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