How to sell your business for $300 million and take home $0
This week I wanted to explore something that I’ve seen happen in the startup world: how does a company sell for a significant amount of money, yet the founder takes home nothing?To answer this question, I spoke with Amit Shah, who has decades of experience as a founder, as someone who has worked in venture capital, and who sits on startup boards, to talk about why venture capital exists, and why our collective ignorance about how venture capital investments work can lead to you selling your business and walking away with, as we say in Yiddish, bupkus.You can subscribe to the podcast on Apple Podcasts and Spotify…You can subscribe to the Gobbledy Newsletter at http://gobbledy.email and you can email us at jared@sagelett.com. We’d love to hear from you… This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit gobbledy.substack.com