The majority of successful exits for companies are via trade sale (not that given the media hype you’d necessarily imagine it was anything but IPOs). Furthermore the percentage of companies that list on an exchange is falling meaning, that along with the economic circumstances, private companies and remaining in the unlisted space is becoming ever more important.

In this episode we dive into the whole soup-to-nuts process of how to trade sell oneself, what the stages are, what the obstacles and challenges and what the benefits are. Trade selling a company is an eternally important route to not just realisation but to the growth of the company’s vision being realised. Thus this is a reference episode for something that every founder should understand whether they get to this stage and go this route or another. It’s one that can’t be ignored – least of all perhaps in the current economic climate.

Goji were on the LFP way back in the day in LFP047 in 2016 when the founder Jake Wombwell-Povey was discussing the Innovative Finance ISA and David was employee number one. He moved on to become first CTO then CEO and is now at the last stage – regulatory approval – for Goji’s merger with the giant Euroclear – such a vital component of the whole global post-trade financial infrastructure.

So along the way Goji must have done a thing or two right – IF ISAs hardly being a huge thing these days with so few P2Ps remaining of any stature. Further correlating this is that Euroclear approached them.

Topics discussed include:

• running. A long way.

1. grows naturally out of a commercial relationship – banks often use this route – grows more organic — cf after knowing a colleague for years getting into dating and mating – there is a lot of mutual knowledge in the first place