

Ep 459 Alex Bean on Why He Was Miserable After Selling Divvy for $2.5B: Raising Capital vs. Going It Alone, Talking to Kids About Money, the Happiness Trap, and the Disease of More
Sep 13, 2024
Alex Bean, founder of Divvy, sold his company for $2.5 billion but found himself grappling with unexpected emotions post-sale. He discusses the misconceptions of happiness tied to financial success, emphasizing the emotional complexities of navigating life after a monumental exit. Bean shares insights on raising capital versus maintaining control, the significance of teaching kids about fiscal responsibility, and the importance of redefining success beyond mere wealth. His journey highlights that true fulfillment comes from meaningful relationships and purpose.
Chapters
Transcript
Episode notes
1 2 3 4 5 6 7 8
Intro
00:00 • 2min
Navigating Startup Challenges
01:52 • 5min
The Importance of Accountability in Business Boards
07:10 • 2min
Navigating Life After the Sale
08:44 • 10min
Redefining Success Beyond Wealth
18:48 • 18min
Teaching Financial Responsibility to Children
37:02 • 11min
Navigating the Decision to Sell a Business: Self-Reflection and Future Planning
47:45 • 3min
Concluding Insights on 'Factory for Good' and Listener Engagement
50:23 • 2min