A Short LOI vs a Long LOI

18/10/2023 30 min Episodio 155
A Short LOI vs a Long LOI

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Episode Synopsis

We're answering the following questions in this episode of Shoot the Moon:What is a letter of intent?What is an indication of interest?What’s critical in a letter of intent?Why would you issue a letter of intent versus as indication of interest?The leading line of a letter of intent is it’s non-binding in nature. What portions of an LOI survive if the deal does not close?What are the benefits of a longer LOI?What risks come with that longer LOI?What risks come with a shorter LOI?Listen to Shoot the Moon on Apple Podcasts or Spotify.
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