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Saastr

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Dear SaaStr: I Just Sold My Business for $130M. Should I Stick Around?

  • The writer discusses the dilemma of whether to stay or leave after selling a business for $130M, emphasizing the importance of making a strategic and personal choice.
  • Staying post-acquisition allows for guiding the product's future, learning from the acquirer, financial upside through earn-outs, and experiencing stability and resources.
  • However, staying means losing control as the boss, potential cultural misalignment, delaying the next venture, and dealing with burnout.
  • Questions to consider include passion for the product and team, financial benefits of staying, and clarity on the next move.
  • The author advises playing another card, staying for a short term if undecided, and not making emotional decisions.
  • Personal experience at Adobe post-EchoSign sale highlights the learning and growth opportunities alongside the challenges of missing autonomy.
  • The decision to stay post-acquisition should be thoughtfully considered to avoid regrets and ensure alignment with personal and professional goals.

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