bergs
Royal Flush
I’ve worked for several technology firms that had between $80-200M in total annual revenue and the idea of not even having a conversation with someone that would commit to spending $500K in one shot is insane in a vacuum with a sales rep comped on one time revenue.Thought I saw somewhere that Apache (Josh) rolled by their table at the Con this year and threw out a guaranteed 100k buy to see if anyone would even talk to him and there was 0 interest. Not a million, but if they won’t even talk to you for a 100k sale to see what else you might have, does not sound as if they have any interest in dealing with even a reseller type situation. Will try to find the thread.
Edit: It was actually 500k that he offered
https://www.pokerchipforum.com/threads/g2e-2022-report.96183/#post-1993550
I wonder how much of Paulson’s revenue is monthly recurring stuff like maintenance or whatever (think Shufflemaster and their insanely expensive maintenance contracts with casino properties). Running a business with one-time revenue like just chip sales or professional services is rough from a cash flow perspective.