Startup Mergers, Acquisitions and Exits with Daniel Hastik

03/29/21 • 22 min

Every story has a beginning and an end. But as a startup, it is easy to get lost in the moment and not plan for the future. Considering the ideal end of your startup, whether it is being acquired by a technology giant, partnering or knowing you are riding a short term wave, is just as important as the day to day operations. To go deeper into the topic, Annabel spoke with Daniel Hastik from Nextech Venture, to uncover mergers, acquisitions, partnerships and exits for startups. As an experienced Founder himself and now a Technology Scout and Investment Partner, we discuss how to consider the end at the beginning, what questions to ask yourself, how an acquisition or merger might play out and the legalities surrounding it.
As we are always hearing about novel startups and their great beginnings, the end of a startup is a less discussed topic. Thinking both short and long term are crucial for the success of your startup, and you can get a head start at https://playbook.sparring.io/en/ .

Previous Episode

Jaroslav Lupták On External Funding For Global Ambitions

Think you are ready for pre-seed or seed funding? While gaining some extra money for your startup can allow expansion of your business, advice, and a potential global stage, there are also other factors to consider. Ensuring you do not give away too much equity, finding an investor that gets your startup, and not putting your startup in an investor's hands are just some examples. Annabel spoke to Jaroslav Luptak, Investment Manager at Bratislava based Venture Capital, Neulogy Venutres, to share insights on how startups should approach early stage investment.
This episode is split into four parts: a) do you need funding? b) what are you looking for in an investment? c) how can you find an investor? d) what are investors looking for in you? Along the way we demystify what an accelerator is, funding rounds and share advice about advisory boards.
Savvy by Sparring is a show where we reveal the stories founders, investors and other startup ecosystem players face when they do not consider legal questions at an early stage. Get your startup off the ground with business inspiration, meshed with legalities, including how startups incorporated, protected their works and raised funds in a (legally) smart way.
You can find Sparring's Startup Playbook which supports the show here: https://playbook.sparring.io/

Next Episode

Sustainable Growth for Startups with Rasto Ivanic

Going from implementing your idea in a small team to having a global company with several employees, is not a jump to be taken lightly. While many startups believe in scaling fast and sourcing finance quickly, other companies decide to take a more sustainable approach to growth. Annabel spoke to Rasto Ivanic, the CEO of GroupSolver, providing market insights powered by AI. Rasto received funding in Slovakia but the company's growth is not local, successfully taking on the US market.
This episode is split into 3 parts: 1) why finding an investor that understands your mission is crucial 2) how to growth your team sustainably and 3) how to scale and maintain culture. Along the way we highlight the necessity of terms and conditions and service level agreements, and how equity share programmes (ESOP) are pragmatic for growth.
Savvy by Sparring is a show where we reveal the stories founders, investors and other startup ecosystem players face when they do not consider legal questions at an early stage. Get your startup off the ground with business inspiration, meshed with legalities, including how startups incorporated, protected their works and raised funds in a (legally) smart way.
You can find Sparring's Startup Playbook which supports the show here: https://playbook.sparring.io/