BUILD with Blake Bartlett
Andrew Gazdecki (MicroAcquire): How to Sell Your Startup
There is a dearth of good advice on how to sell or exit your startup. Most people use outdated slogans like “companies are bought, not sold” but offer little practical advice to navigate a daunting M&A process. Andrew has sold two software companies previously, and now is building MicroAcquire, the founder-friendly marketplace for selling startups. He shares everything he knows about selling companies.
Key Takeaways:
[1:17] Andrew talks about Bizness Apps—his first company—and the experience of being a founder
[3:01] What selling his first company was like for Andrew
[4:09] Paths available to folks considering selling their startup outside huge IPOs and unicorn acquisitions
[6:25] What does it take to sell the company?
[8:35] The role of marketing in telling the story of your company for someone else to believe in and buy the company
[10:39] Addressing myths about selling, and the reality that founders aren't trained to sell their businesses
[16:03] Understanding why you want to sell, and setting it up for success
[18:33] What is MicroAcquire, and how can startup founders leverage the service?
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Andrew Gazdecki, CEO of MicroAcquire
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