Hosted by Jay Adelson.
Entrepreneur, CEO, and business owner Jay Adelson (Equinix, Digg, Revision3, SimpleGeo) demystifies the start-up process by providing advice, tips, and answering questions. Ask Jay how to turn any business idea into reality: askjay@revision3.com, @jayadelson, or http://youtube.com/askjayadelson Read More
In this episode, Jay provides a personal account of what it is like to sell a company and what happens immediately thereafter. The personal account is none other than the sale of Revision3 to Discovery Communications.
Successful entrepreneur and CEO, Jay Adelson demystifies the start-up process by providing advice, tips, and answering questions. In this episode, Jay provides a personal account of what it is like to sell a company and what happens immediately thereafter. The personal account is none other than the sale of Revision3 to Discovery Communications.
Also in this episode is Jay's announcement that he will be using this transitional period to take a break from creating new episodes of Ask Jay to focus on entrepreneurship. There will be similar Ask Jay content coming from Jay moving forward, and if you are interested in keeping up with the latest news regarding when and where that will happen, please visit moreaskjay.com where you can sign up for a email notifications.
Jay's Chalkboard Notes:
- There's usually a positive emotional element
- In the early days however, it is important to not be hyper focused on exit
- Every company has a different amount of time it'll take to get to a point of maturity... when to "exit"
- Exits are generally considered at a crossroads of making a large raise or embarking on a notable partnership (M&A)
- An "exit" is certainly not the end; there is almost always work to do to realize the benefits of M&A -or- IPO
Have questions about launching a business that you want answered? Submit them to askjay@revision3.com, or upload a video question on our YouTube page. And make sure and follow Jay via Twitter.
