Overview
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Explore the challenges and opportunities that arise after a startup acquisition in this 42-minute Devoxx conference talk. Gain insights from Renata Tamasi's experience selling her startup, Samebug, to Rollbar, a San Francisco-based company. Learn about the decision-making process behind selling a startup, the integration challenges faced during the first six months, and how to overcome difficulties related to location and time zone differences. Discover the importance of proving oneself in a new organization, navigating arguments, and building relationships across distributed teams. Understand the emotional journey of an entrepreneur, including anxiety and fundraising struggles, as well as the advantages of entrepreneurial experience. Examine the role of shared vision, core values, and goodwill in making an acquisition successful. Gain valuable knowledge about the realities of startup acquisitions, including potential pitfalls and strategies for success, whether you're considering selling your own startup or interested in the complexities of mergers and acquisitions in the tech industry.
Syllabus
Intro
One out of 10 startup fails
About Renata
How it all began
First MVP
Raised
Three things we were missing
Who has the data
What happened
Three options
First round
Selling Samebug
Rhobar Acquisition
You sold it
Challenges
Distributed teams
Time zone difference
Disadvantage of being a woman in technical industry
Advantages of being an entrepreneur
Challenges of being an entrepreneur
Openness in the company
Goodwill
Examples of goodwill
Shared vision
Core values
Emotional journey
Anxiety
Fundraising
Conclusion
Taught by
Devoxx