Deciding to promote the corporate you have constructed from the bottom up, after which discovering the proper accomplice, is never simple.
So Business Insider requested Jyoti Bansal, who offered AppDynamics to Cisco for $three.7 billion (plus different seasoned entrepreneurs and a tutorial director of entrepreneurship) to share some finest practices round selling a startup — and the most important pitfalls to keep away from.
Our sources embody:
- Marla Beck, the founder and CEO of luxurious magnificence retailer Bluemercury. She offered the corporate to Macy’s for $210 million in 2015.
- Justin Kan, the founder and CEO of Atrium, a regulation agency for startups. He offered Twitch, a live-streaming platform for players, to Amazon for $970 million in 2014.
- Jeanette Miller, director of the company innovation and entrepreneurship main at Penn State Smeal College of Business and affiliate director of the Farrell Center for Corporate Innovation and Entrepreneurship.
- Steve Martocci, the founder and CEO of music-creation platform Splice. He offered GroupMe, a group-messaging app, to Skype for $85 million in 2011.
- Marc Lore is the CEO of Walmart eCommerce US. He offered retail startup Quidsi to Amazon for over $500 million in 2011, and Jet.com to Walmart for $three billion and inventory in 2016.
In unique interviews, these sources share the key to efficiently cashing out whereas protecting your finest pursuits (and people of your workers) in thoughts. Subscribe beneath if you would like to learn a sensible guide for selling your startup.
Get more stuff like this
Subscribe to our mailing list and get interesting stuff and updates to your email inbox.
Thank you for subscribing.
Something went wrong.