Introduction

Glenn Poulos is a successful founder, who exited from his company in 2022. But that was his second exit. His first, 15 years before, was a very different story.

He thought he had achieved the entrepreneur's dream, an eight-figure exit, after selling his business to a public company. With the shares he got in return he was going to be a multi-millionaire.

Instead, he was left with hardly anything, and no job, after having to fire a hundred people.

What happened?

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