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Canada

How To Exit When You Realize Your Startup Isn’t VC-Scalable

Sometimes you raise a VC round and it hits you—you don’t have a VC-scalable company. Now what? Statistically, it makes sense given the power law, but you have a company to run. Brice Scheschuk has seen this time and again in his decade-long career as an investor; speaking with TechExit.io, he shared his advice for founders in this tricky situation.
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Canada

4 Tips For Founders Going Through An Exit Process (From An Exited Founder Turned Acquirer)

Selling a company is often cause for celebration, but the work doesn’t stop there. Adam Zimmer knows this well, having built a company from zero to exit. Now, he is actively acquiring companies through the Perseus operating group of Constellation Software. Sharing his experiences with TechExit.io, Adam shared four tips for founders going through an exit.
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Canada

How To Sell Your Startup To Zapier

The process required to sell your startup is like a second job. But you don’t need to be too aggressive about it—instead of forcefully networking with the hopes of a quick sale, Austin Johnsen, Zapier’s Head of Corporate Development, said to take a lighter-touch approach. Speaking with TechExit.io, Austin explained more about his tips for M&A success as a founder looking to sell.
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Canada

How To Avoid Canada’s “Early Exit” Startup Problem

Many founders earn well under market compensation and rack up personal debts to build their companies—so it’s hard to blame them for “selling too early” to take care of their families. But it doesn’t need to be this way, says Mark Longo, Co-Chair of Osler’s Emerging and High Growth Companies Group and Managing Partner of Osler’s Vancouver office. Speaking with TechExit.io, Mark explained more about how private and growth equity can offer financial security and enable opportunities for a company to achieve scale in the future.
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Canada

What To Do When Your Co-Founder Quits

What would you do if your co-founder and co-CEO of 30 years told you he wanted out within six months? That’s the situation Don Murray found himself in when Dale Lutz told him in June 2023 that he wanted to sell his 50% stake in Safe Software, the company they’d co-founded in 1993. Speaking with TechExit.io, Don explained more about the emotional side of that journey—and how he’s adjusting to being the sole CEO after three decades.
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Canada

From Nearly Bankrupt To 8-Figure Exit: The 4 Decisions That Transformed Canvaspop

After a great head start, Canvaspop almost went bankrupt from the team spreading itself too thin. Coming back from the brink required five years of hard work, but it ended in a $30 million exit. Speaking with TechExit.io, Canvaspop Co-Founder & CEO Nazim Ahmed shared more about the key decisions he made to turn the company around—and why he gets frustrated with people who balk at “small” 8-figure exits.
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