3min chapter

The Founders Lounge cover image

From a Drunk Night Out to a $30M+ Startup Exit - Nick Telson (DesignMyNight, Trumpet) | E69

The Founders Lounge

CHAPTER

Is It Difficult to Get the Exit?

We were growing a very profitable business so it was spitting our cash if we did want to stay and just take dividends from the business but as the software started to kick it then we were like okay we've got something here it can scale. We actually modeled out probably for the next three years what revenue and e-bit we needed to get to to then have the potential to sell for the value that we wanted, he says.

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