Startups For the Rest of Us Episode 534 | A $4M Exit with Josh Pigford of Baremetrics
Feb 2, 2021
Josh Pigford, the entrepreneur behind Baremetrics, recently sold the company for $4 million after a seven-year journey. He discusses the strategic use of Qualified Small Business Stock (QSBS) to minimize taxes upon sale. Josh shares his emotional decision to sell and the dramatic life changes afterward. He also reflects on raising profitability just months after the sale and highlights his new venture, Laser Tweets, which emerged from a hobby into a successful business.
Chapters
Transcript
Episode notes
1 2 3 4 5 6 7
Intro
00:00 • 5min
Understanding QSBS and Its Tax Benefits for Entrepreneurs
04:58 • 2min
Navigating Growth and Exit: Financial Strategies Post-Sale
06:30 • 24min
Navigating Burnout and the Decision to Sell a Business
30:12 • 2min
The Disappointment of a Failed Product Launch
32:41 • 2min
Navigating Deal Flow Challenges
34:56 • 4min
From Exit to Innovation: The Laser Tweets Journey
39:05 • 7min