Читать книгу Selling Your Startup - Alejandro Cremades - Страница 42

How much do investment bankers cost? What are their fees? Is it worth using them?

Some say they are too expensive. Others find they are a bargain and wouldn't consider ever taking the DIY route. There may be some scenarios in which you already have a strong M&A team or have a substantial head start in strategizing and preparing for an exit.

In other cases, taking the do-it-yourself approach to selling a large company is like someone without the right education or experience trying to put on his or her own legal defense in a life-or-death situation, or a non-physician hospital owner jumping in to perform open heart surgery. You can imagine the consequences and lawsuits.

Investment bankers can charge a variety of types of fees, as shown in figure 3.1.

The following sections examine these fees in more detail.