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This post is part of a Youtube/Click-able Blog Series called “After The Exit” — the show where I interview CEO’s after they’ve sold their startup and have them share the lessons they learned in blood about business, relationships, and life. Look — you can learn a couple tips from how they built it, but the real wisdom — the moral of the story — comes at the end — after the exit.
Today I'm really excited to introduce you to my new friend - Ade Olonoh. He started his first company as a senior in college. He studied computer science and mathematics at a small school in the Indianapolis area. Prior to starting that company, he'd spent the previous four years paying his way through college as a freelance web developer. He's since started four companies so far that have exited (to varying degrees of success and failure), and a handful of other companies that he quietly shut down before any real traction. The two most prominent companies are Formstack ( a B2B SaaS company which he bootstrapped for 3 years, then raised $700k from angels, and sold a major stake to Private equity 10 yrs later) and Formspring which had insane initial growth then raised $17M from VCs and later sold for pennies on the dollar after 4 yrs.
This episode is brought to you by Visible.vc - Raise capital, update investors and engage your team from a single platform.
It's also brought to you by Boilerplate.legal - Affordable, streamlined, venture capital-approved legal documents for your startup.
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This post is part of a Youtube/Click-able Blog Series called “After The Exit” — the show where I interview CEO’s after they’ve sold their startup and have them share the lessons they learned in blood about business, relationships, and life. Look — you can learn a couple tips from how they built it, but the real wisdom — the moral of the story — comes at the end — after the exit.
Today I'm really excited to introduce you to my new friend - Ade Olonoh. He started his first company as a senior in college. He studied computer science and mathematics at a small school in the Indianapolis area. Prior to starting that company, he'd spent the previous four years paying his way through college as a freelance web developer. He's since started four companies so far that have exited (to varying degrees of success and failure), and a handful of other companies that he quietly shut down before any real traction. The two most prominent companies are Formstack ( a B2B SaaS company which he bootstrapped for 3 years, then raised $700k from angels, and sold a major stake to Private equity 10 yrs later) and Formspring which had insane initial growth then raised $17M from VCs and later sold for pennies on the dollar after 4 yrs.
This episode is brought to you by Visible.vc - Raise capital, update investors and engage your team from a single platform.
It's also brought to you by Boilerplate.legal - Affordable, streamlined, venture capital-approved legal documents for your startup.