Tyler Griffin Contributor Tyler Griffin co-founded Prism Money, a consumer-focused bill payment tool, in 2012 and is now a managing partner at Financial Venture Studio, which invests in early-stage fintech startups. “Never run a dual-track process.” You’ll probably hear this advice if you ask an investor about raising money and selling a business concurrently, and it’s good advice. The two processes are so different, so all-consuming and require such different priorities that it is nearly impossible to do both well. Running a sale process, though, is much different from positioning…
