Oddbean new post about login | logout OffDeal wants to help small businesses find big exits with AI agents ========== OffDeal, founded by Ori Eldarov and Alston Lin, aims to assist small businesses in selling their companies using AI agents; small businesses employ nearly half of America's workforce and contribute 44% to GDP; traditional investment banks focus on deals over $25 million, leaving small businesses with limited options; OffDeal automates M&A services for small businesses, matching them with buyers and creating pitch decks; currently under contract with nine institutional buyers and over 250 on a waitlist; raised $4.7 million in seed funding led by Radical Ventures; charges 5% to 10% of transaction value, similar to traditional banks; uses OpenAI's GPT-4 models; part of Y Combinator's Winter 2024 batch. #Ai #SmallBusinesses #M&a #Startups #Investment #YCombinator #Funding #Technology #Advisory #Automation https://techcrunch.com/2024/09/12/offdeal-wants-to-help-small-businesses-find-big-exits-with-ai-agents/
OffDeal wants to help small businesses find big exits with AI agents ========== OffDeal, founded by Ori Eldarov and Alston Lin, aims to assist small businesses in selling their companies using AI agents; small businesses employ nearly half of America's workforce and contribute 44% to GDP; traditional investment banks focus on deals over $25 million, leaving small businesses with limited options; OffDeal automates M&A services for small businesses, matching them with buyers and creating pitch decks; currently under contract with nine institutional buyers and over 250 on a waitlist; raised $4.7 million in seed funding led by Radical Ventures; charges 5% to 10% of transaction value, similar to traditional banks; uses OpenAI's GPT-4 models; part of Y Combinator's Winter 2024 batch. #Ai #SmallBusinesses #M&a #Startups #Investment #YCombinator #Funding #Technology #Advisory #Automation https://techcrunch.com/2024/09/12/offdeal-wants-to-help-small-businesses-find-big-exits-with-ai-agents/ nostr.fmt.wiz.biz