Go Big or Go Home: It’s a binary outcome for marketplace start-ups
It’s typically a binary outcome for marketplace start-ups at the beginning: either you figure out the chicken-and-egg problem or you don’t. But, marketplaces can face a binary outcome at the other end too: either you scale your marketplace into a large, stand-alone company that can go public, or you find yourself with few other exit […]
Looking to sell? When and how to hire an investment bank
When entrepreneurs are thinking about an exit, they typically wonder if they should hire an investment bank to help with the process. Will a bank bring in new buyers and better terms, or will you just be sinking money into the bank’s coffers? Since I’m often asked about the process, I thought I’d break down my […]
Amazon acquires AbeBooks
Today Amazon announced the acquisition of Victoria-based AbeBooks, the company I have been involved with for over 7 years (operationally as COO until October last year, since then as Director and consultant). As you can imagine, I am extremely excited about this deal which makes tremendous sense for everybody involved: Amazon (who has been heavily […]