14min chapter

The Pitch cover image

#132 The Exit: Selling Shipt for $550 Million

The Pitch

CHAPTER

The Decision to Sell for $550 Million

The chapter delves into the founder's internal struggle and ultimate decision to sell their company for over $550 million, highlighting the pressure from partners, conversations with investors, and the opportunities that arose. It also vividly describes the exhilarating day of the acquisition announcement at Target headquarters and the celebration with the iconic Bullseye mascot. The speaker transitions from selling Shipt to starting a new venture, discussing startup ideas, reflections on failure, and the deep sense of purpose driving their entrepreneurial journey.

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