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Ask HN: Founders who sold their company, what do you do?
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Re: Ask HN: Founders who sold their company, what do you do?
#2I sold part of my online letting agency for a small amount of €€€ and now running another company while being a DN in Asia :)
Re: Ask HN: Founders who sold their company, what do you do?
#3Bought it back :)
Re: Ask HN: Founders who sold their company, what do you do?
#4Exited with two co-founders when our runway ran out. Sold our IP and assets for a modest amount to our main competitor.
I realised that (as CTO) the main area I couldn't contribute to was 'the business' of running a successful company. So I decided to remedy that, I joined McKinsey and left last year as an Associate Partner. I'm now the VP Engineering at a fast growing tech company (250+ people) and the impact I can have with technology is an order of magnitude greater than before because of the intervening experience
Re: Ask HN: Founders who sold their company, what do you do?
#5Exited with two co-founders when our runway ran out. Sold our IP and assets for a modest amount to our main competitor. I realised that (as CTO) the main area I couldn't contribute to was 'the business' of running a successful company. So I decided to remedy that, I joined McKinsey and left last year as an Associate Partner. I'm now the VP Engineering at a fast growing tech company (250+ people) and the impact I can…
Can you explain a little about how your experience at McKinsey has allowed you to have a greater impact? Why did you go back to VP Engineering after having consulting experience? At first though, I would think your technology experience would give you leverage on the business side rather than the other way around.
Re: Ask HN: Founders who sold their company, what do you do?
#6Exited with two co-founders when our runway ran out. Sold our IP and assets for a modest amount to our main competitor. I realised that (as CTO) the main area I couldn't contribute to was 'the business' of running a successful company. So I decided to remedy that, I joined McKinsey and left last year as an Associate Partner. I'm now the VP Engineering at a fast growing tech company (250+ people) and the impact I can…
That is very interesting! How'd you manage to come to the conclusion to go somewhere like McKinsey? How'd you get in? How long were you there and what sort of stuff were you learning?
Re: Ask HN: Founders who sold their company, what do you do?
#7I sold part of my online letting agency for a small amount of €€€ and now running another company while being a DN in Asia :)
Mind me asking, what does DN mean?
Re: Ask HN: Founders who sold their company, what do you do?
#8I played professional poker for 3-4 years after selling my first startup in 2007. In hindsight I should have jumped straight back into tech, but I was seriously burned out and the poker monies was good.