4 Big Exits, 1 Smart Entrepreneur

//4 Big Exits, 1 Smart Entrepreneur

4 Big Exits, 1 Smart Entrepreneur

Earlier this year, Steve Murch sold BigOven, a cooking app with over 13 million downloads and more than 4 million members, to Aisle Ahead, Inc., capping off an incredible run of successes:

  • Former Chairman of the Board, Escapia, Inc. (http://www.escapia.com), a leader in vacation rental software, sold to vacation rental leader HomeAway (NASDAQ:AWAY) in 2010
  • Director, Adventure Central, Inc., sold to AdventureLink in 2008
  • Founder, President & CEO of VacationSpot.com, a leading reservation network for villas and vacation condominiums, sold to Expedia in January 2000 for $87 million

Steve is the real deal, and in this episode you’ll learn:

  • A surprising workaround for getting a big company to write a fat check
  • How Steve knows when to bootstrap instead of raising money
  • What liquidation preferences are and why they can be so damaging to founders
  • How to identify your strategic buyer

Listen Now

2018-11-07T20:16:12+00:00November 7th, 2018|Categories: Podcast|0 Comments

About Transitions in Business

Transitions In Business is an independent firm, servicing medium sized businesses and their respective buyers. Our vision is to effectively guide corporate ownership through the many obstacles of mergers and acquisitions by confidently offering a clear and honest partnership. Our process includes confidentially engaging and vetting qualified buyers that will maximize the transaction benefits for both the seller and the buyer of a business.