“Talk is cheap. Commitments are only worth something when they have been signed and even then the following still applies: you only have the money when it is in the account,” states Kai Kuljurgis, founder and managing director of coindex.
coindex and the failed M&A deals
How turbulent coindex’s corporate history is is shown by several M&A deals that fell through at the last second. After all, coindex had built an attractive product with its index-based investment solutions. Large financial institutions had shown interest and wanted to use this to give their customers an easy entry into crypto.
But again and again, unfortunate timing and sudden reservations on the part of investors came together, despite some promised notary appointments.
In the Experts Podcast, he tells how Kuljurgis deals with it, what lessons he learns from it and what could happen next for him.