CEO rejects $100 mn offer for CB Insights, says 'never reply to Twitter DMs'

CB Insights' Indian-American CEO Anand Sanwal revealed he has declined a $100 million offer to acquire his market intelligence platform. Sharing screenshots of his conversation with the potential buyer, Sanwal tweeted, "A great reminder to never check or respond to Twitter DMs again." "You just missed the opportunity of a lifetime," the buyer told Sanwal after he rejected their offer.