The Founders Lounge

How This $300M Founder Sold His Luxury Lifestyle Startup to a Bank - Alex Macdonald | E80


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Alex Macdonald is a  Co-Founder of Velocity Black, which was acquired by Capital One for a reported $297M. Now he’s a Co-Founder and CEO of Sequel - an investment platform for the world’s best athletes. He’s also an angel investor in 40+ companies.

We talk about:

- One of Alex’s first jobs: buying distressed companies for $0
- How Alex got the idea for Velocity Black
- What it takes to build a company worth $100s of millions
- Growth strategy of one of the fastest-growing startups in Europe
- How to achieve a successful exit
- Is it easier to start a hard company?
- Dinner with the Pope, meeting Taylor Swift, missions to the space station
- Building an investment platform for the world’s best athletes
- Acquiring ultra-successful individuals as customers
- Alex’s comprehensive methodology for hiring A-players
- How to foster high performance in the company
- Working hard vs work-life balance
- The importance of focus
- The #1 book that changed Alex’s life
- A powerful (selfish) principle Alex lives by


Links:

- Alex on LinkedIn: https://www.linkedin.com/in/alexfmac/ 

- Alex on X/Twitter: https://twitter.com/alexfmac 

- Alex’s newsletter: https://alexfmac.substack.com/ 

- Velocity Black: https://velocity.black/ 

- Sequel: https://www.joinsequel.co/ 

- Alchemy: https://www.amazon.co.uk/Alchemy-Science-Conceiving-Effective-Logical/dp/006238841X


🌟 WORK FOR AN INSPIRING UK STARTUP:

The best way to learn about business is by working for a successful company with an ambitious founder. This episode is brought to you by Judge.me - the #1 e-commerce product reviews solution, founded by PJ Cellis (Episode 54). If you’re looking for a job in an inspiring, profitable, and fast-growing UK-based startup, check out https://careers.judge.me


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The Founders LoungeBy Matic Jesenovec


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