
Build It. They'll Come.
Part 2, how going public for Aconex was not all it was cracked up to be: Leigh Jasper’s home truths from listed co trenches; & why he didn’t want to sell out, even for an amazing $1.6 Billion!
After 17 years building up their Aconex software platform into a globally renowned game-changer for construction & infrastructure process & document management, founders Leigh Jasper & Rob Phillpot knew they needed access to more capital to continue growing worldwide. But when they took Aconex public in 2014, life as a publicly-listed company dealt them plenty of downside, along with the advantages! So how did they deal with short sellers, share price roller-coaster rides and more? And what really drove the decision to sell out completely, to US giant Oracle – was it just the massive pile of money offered? Well in Part 2 of my chat with co-founder leigh Jasper he reveals some home truths on the entrepreneur’s journey in public company land, and why he is now trying to support & guide other startups based on amazing ideas through the maze of potential pitfalls. Enjoy!
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