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Ep 508 Exit Story: The Surprising Math Behind a $100 Million Exit


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Podcast: Built to Sell Radio (LS 49 · TOP 0.5% what is this?)
Episode: Ep 508 Exit Story: The Surprising Math Behind a $100 Million Exit
Pub date: 2025-08-22

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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. 



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Wenbin Fang's Podcast PlaylistBy Wenbin Fang / Listen Notes