Moneywise My $70M Exit Collapsed Days Before Signing
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May 13, 2025 
Adam Robinson, a visionary founder who was on the brink of a $70M exit, shares his rollercoaster journey in finance and entrepreneurship. He talks about the shock of a collapsed deal and how it forced him to pivot, leading to his current $25M ARR business. Surprisingly, he discusses impulsive spending on crypto and land, coupled with an unexpected 60% tax bill. Adam emphasizes that high income doesn't guarantee peace of mind, revealing insights on financial discipline, lifestyle choices, and the importance of steady wealth building over sudden windfalls.
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Near $70M Exit Collapse
- Adam Robinson was days away from a $70M exit when the buyer unexpectedly walked away the night before signing.
- Despite feeling like a nightmare, this turned out to be a blessing in disguise for him.
Inspired by Competitors' Growth
- After almost selling, Adam was inspired by a competitor's team building to hire more salespeople.
- This shifted his mindset from a small business to aiming for a unicorn-grade company.
Spent Millions Prematurely
- Adam pre-spent millions on land, crypto, and a new mortgage before the deal closed, assuming he had $15 million coming.
- When the deal fell through, this premature spending caused financial strain.