I need to feel ya’ Jerry!
There are a few ways this can happen – and one such way is if a company you’ve invested in is acquired. This would be considered an “exit” for the company and should provide a way for investors to get repaid their initial investment plus whatever increase the acquisition has created.
So…with that being said… we LOVE it not only when a company has an amazing product, but also when they have a CLEAR EXIT STRATEGY in mind.
These are what BOTH bring me to RYSE (specializing in automating EXISTING window coverings) and CEO Trung Pham.
I think the best way to show you Trung’s drive for RYSE to be acquired is by using his own words in one of his latest (9/7/22) emails (bold added):
“Did you know Amazon recently announced their acquisition of iRobot for $1.7 billion?! There’s been a lot of consolidation in the smart-home industry, but the industry is still very fragmented. Big names have begun strengthening their offerings by acquiring smaller companies with deep expertise – companies like ours.”
Trung goes on to cite HUNDREDS of smart home tech acquisitions from cbinsights.com – and not just the big guys like iRobot but a multitude of lesser known players.
This is all pretty typical, as Trung cites an HBR study of mergers and acquisitions that supports a pattern of MASSIVE CONSOLIDATION in very fragmented industries like the smart-home – clearly demonstrating his openness to participate in such a consolidation.
And finally if ALL that isn’t enough, Trung closes his email with, “Backed by the strength of our patents and growing revenues, we may soon become a prime candidate and entry point into the automated window shades market for one of these acquirers.”
So I’m not making this stuff up – his intentions for RYSE are pretty darn obvious – and if this sounds like an opportunity you want to hear more about, I invite you to CLICK HERE.