We had one of our Sellers die in a motorcycle accident while under LOI about a month out from closing.
The Buyer, instead of trying to take advantage of the situation, sprang into action and volunteered to help come in and stabilize the business.
He worked hand in hand with the grieving widow to make sure the customers and employees were all taken care of and business was able to continue. They went ahead and announced he was buying it early before closing to help bring stability. He worked tirelessly for free at one of the busiest seasons of a seasonal business.
Closed without changing any terms of the deal.
Business is still doing great, breaking records now. Widow was so relieved and so proud to see the business in good hands. She still comes in and works there part time and feels connected to her late husband's legacy.
This Buyer is probably our favorite Buyer ever and already bought a 2nd business from us and gets to front of the line if he's ever interested in anything from our firm.
Just wanted to say that people can be awesome and rise to meet challenges in breathtaking ways, and the world tends to reward selfless and kind behavior.
@johncoogan Wait wait wait . . . you have to include the RIDICULOUS contract process to get on the show.
Signed,
Someone who left a company over a dispute about this.
1/ @CAForever is answering the call to propel American shipbuilding for the next century. With todayโs @POTUS Executive Order and the bipartisan SHIPS Act, weโre offering 3 miles of our waterfront to build the Solano Shipyard, the largest shipbuilding complex in America. ๐งต
The leap I witnessed in AI this week has me shaken.
If you've followed me, you know I don't really make statements like this.
I've been hearing how AI will change everything for years, but there's been little beyond promises. Nothing that can be used now.
That just changed:
@LukeRangeWalker No way - I never knew that!
Always thought turkeys were stupid animals until I started hunting them. Whole new world of respect opened up to me. ๐