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Ep 508 Exit Story: The Surprising Math Behind a $100 Million Exit
Manage episode 501702892 series 81572
Dan Berger built Social Tables into a SaaS success story with $20M in recurring revenue and more than 6,000 customers. He sold the business for $100 million.
But after raising $27M in venture funding and navigating liquidation preferences, his personal payout was just under $20M.
In this week’s episode of Built to Sell Radio, Dan reveals the surprising math behind his deal and shares the emotional highs and lows of walking away from his company.
517 episodes
Manage episode 501702892 series 81572
Dan Berger built Social Tables into a SaaS success story with $20M in recurring revenue and more than 6,000 customers. He sold the business for $100 million.
But after raising $27M in venture funding and navigating liquidation preferences, his personal payout was just under $20M.
In this week’s episode of Built to Sell Radio, Dan reveals the surprising math behind his deal and shares the emotional highs and lows of walking away from his company.
517 episodes
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