Built to Sell Radio Ep 407 Bootstrapping His Way to $23 Million Exit with Lloyed Lobo
Sep 15, 2023
Lloyed Lobo, co-founder of Boast, discusses bootstrapping their way to a $23 million exit. Topics include: simplifying the process of applying for research and development tax credits, building influence through reciprocity, choosing growth equity funding over venture capital, negotiating deal terms and valuation, the challenges of selling equity, personal transformation, the power of community, and the importance of giving on social media.
Chapters
Transcript
Episode notes
1 2 3 4 5 6 7 8
Introduction
00:00 • 4min
Building Influence Through Reciprocity
03:47 • 18min
Choosing Growth Equity Funding Over Venture Capital
21:28 • 16min
Discussing Deal Terms, Negotiation, and Optimization
37:11 • 4min
Selling Equity, Mental Health, and Rapid Growth
40:49 • 13min
Founder Struggles and Personal Transformation
53:34 • 14min
The Power of Community and Bootstrapping for Success
01:07:27 • 5min
Connecting on Social Media and the Power of Giving
01:12:25 • 4min