How To Recover (and Thrive) After Splitting From Your Co-Founder

How To Recover (and Thrive) After Splitting From Your Co-Founder

Four years ago Nexalogy CEO Claude Théoret was counting the employees he had to lay off. His company had burned through their $600,000 seed round of investment and he was running out of cash. An ugly split with a former co-founder had divided his team, and Théoret had to turn to his wife for a $40,000 loan.

Jump ahead to today and things are a little different for Théoret, who just agreed to be acquired by Datametrex AI Limited for $5.75 million.

In this episode, you’ll learn:

  • The hidden reason many founders can’t raise venture capital
  • How to evaluate what it will be like to work for your acquirer before you agree to be purchased
  • The types of issues that often derail an acquisition at the last minute
  • What Théoret means when he says ‘the devil is going to get his 12%’

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