Moneywise

From Startup to $40M Exit – And We’re Still Just Brothers

174 snips
Feb 11, 2025
Brothers Chris and David Sinkinson, who co-founded and sold AppArmor for $40 million, share their entrepreneurial journey and the unique bond that kept them grounded. They discuss the isolation many founders face post-exit and how their brotherhood shielded them from reckless decisions. The duo reflects on navigating the identity crisis after the sale and the importance of trust and humor in their partnership. Excited for future ventures, they emphasize valuing relationships over financial gains in their next steps.
Ask episode
AI Snips
Chapters
Transcript
Episode notes
ANECDOTE

Immediate Business Idea

  • Chris Sinkinson sent a business proposal to David Sinkinson right after their company's exit.
  • David told him to relax and not start another business immediately.
INSIGHT

AppArmor Acquisition Details

  • The Sinkinson brothers, each holding 50% equity, sold AppArmor for $40 million CAD.
  • They also received a smaller payout from phantom equity in a later sale.
ADVICE

Investment Strategy

  • Manage investments with a mixed approach, balancing dividend stocks with aggressive tech investments.
  • Allocate about 50% to dividend stocks, 20% to S&P 500, and 30% to tech stocks.
Get the Snipd Podcast app to discover more snips from this episode
Get the app