Intuit's $12 Billion Acquisition of Mailchimp - Lessons All Entrepreneurs Should Learn

[00:07] Before we jump into today’s episode, please rate, review, and subscribe to the Leveling Up Podcast!

[00:48] A quick definition of bootstrapping; no venture capital and outside investment.

[01:12] Equity and profit-sharing; the kinds of incentives that bootstrapped businesses typically employ.

[02:01] The largest acquisition of a bootstrapped company in history; the particulars of the deal.

[03:15] The long-term vision that has served Mailchimp since its founding in 2001.

[04:20] Mailchimp's evolution into a SaaS company and the important pivots it made.

[05:17] Why Mailchimp chose to turn down venture capital offers.

[06:11] Mistakes and learning; how Ben Chestnut stayed committed through difficulties.

[06:24] The value of peer groups and support networks.

[07:49] Prioritizing company culture for sustained growth and success.

[08:31] Why hiring the right people can determine the outcomes of your business.

[09:00] Balancing the bootstrapped approach with the argument for outside funding.