Selling A Business In A Down Market - Finding Success And Joining Tiny.com | Oliver Low

08/29/23 • 58 min

The Wise Exit

E50: THIS WEEK'S GUEST - OLIVER LOW

In this episode, Oliver talks about:

Finding the right buyer for your startup (private equity, family office, strategic buyer, or holding company)
The value of surrounding yourself with M&A expertise when selling your business
How selling in the "4th inning" can often lead to better liquidity and professional options

GUEST BIO:

Oliver started his career at Microsoft in 2006. He spent time at MySpace from 2008 to 2010 and then launched a digital agency called Platform360, a B2B agency which was purchased by a strategic acquirer Silverbullet in 2018. After the acquisition, Oliver joined Silverbullet and helped take the company public in 2019, where his team is still benefiting from the acquisition structure Oliver and his M&A team designed.

Oliver currently runs Tiny Studio, a venture studios that sits within Tiny.com. Tiny is a holding company which was started to invest in and acquire companies. Oliver now sits at the center of helping make the Tiny portfolio companies grow.

We hope you enjoy the conversation with Oliver Low.

WHERE TO FIND OLIVER LOW:
LinkedIn
X (Twitter)
Oliver Low's Newsletter

EPISODE REFERENCES AND READING MATERIALS:
More about Tiny dot com
The Ticking Clock of M&A: How Delays Can Kill The Sale of Your Business (blog)
Are You Prepared To Sell Your Business? (blog)
How Much Is Your Company Worth?

E50: THIS WEEK'S GUEST - OLIVER LOW

In this episode, Oliver talks about:

Finding the right buyer for your startup (private equity, family office, strategic buyer, or holding company)
The value of surrounding yourself with M&A expertise when selling your business
How selling in the "4th inning" can often lead to better liquidity and professional options

GUEST BIO:

We hope you enjoy the conversation with Oliver Low.

WHERE TO FIND OLIVER LOW:
LinkedIn
X (Twitter)
Oliver Low's Newsletter

Previous Episode

Online Gaming, UFC, Esports, and VC - Winning The Early Stage Growth Game | Jonah Midanik

E49: THIS WEEK'S GUEST - JONAH MIDANIK

In this episode, Jonah discusses:

The value of putting an entrepreneurial win on the board
Deciding to step down from the CEO role to prepare his company for its next stage of growth
Advice for fellow founders thinking about fundraising and the M&A process

GUEST BIO:
Jonah has been fortunate to see the startup journey from many different perspectives. First, as a successful bootstrapped founder of Casino Media Group, an advertising agency focused on the online gaming sector (becoming the agency of record for PokerStars and Bet365).

After selling to Immersion Media in 2008, Jonah used his advertising, gaming and technical talents to help the UFC develop the first legal online betting platform in the United States (ultimately powering the first legal hand of online poker live in the U.S.).

Jonah then went on to found Limelight, a venture backed company focused on live events. After finding significant success, Jonah stepped away from the CEO role to sit on the board of Limelight and spend his time helping companies grow at a different kind of venture capital firm called Forum Ventures.

WHERE TO FIND JONAH MIDANIK:
Limelight Platform - https://www.limelightplatform.com/
Forum Ventures - https://lp.forumvc.com/pitch-us-form
LinkedIn - https://www.linkedin.com/in/jonahmidanik/
Twitter - https://twitter.com/midanik_jonah

Next Episode

Building At Wharton And Selling To Lyft - An Education in M&A | Kenan Saleh

E51: THIS WEEK'S GUEST - KENAN SALEH

In this episode, Kenan talks about:

His decision to sell Halo Cars to Lyft so early in his entrepreneurial journey
How mentally and emotionally difficult due diligence is after signing an LOI during M&A
His advice for other founders thinking about the M&A process, and how his experience will influence his next venture

GUEST BIO:

In October, 2018 as a student at Wharton (University of Pennsylvania), Kenan Saleh co-founded Halo Cars, a transportation ad network. After striking a business development deal with Lyft, one of the largest ride sharing platforms in the world at the time, Kenan and his team made the decision to sell Halo Cars to Lyft.

Although he was just nine months into launching his business, Kenan decided to use M&A as a way to more quickly achieve his vision for Halo and reduce the competitive threat of the sleeping giant he had just woken up.

Today, Kenan is an Advisor, Board Member, Angel Investor, and since transitioning out of Lyft is using his time to work on something new.

We hope you enjoy the conversation with Kenan Saleh.

WHERE TO FIND KENAN SALEH:
LinkedIn
X (Twitter)

EPISODE REFERENCES AND READING MATERIALS:
2021 Forbes 30 Under 30
Lyft Buys Halo Cars
Lyft creates media division to cash in on in-car ads (TechCrunch)
How To Maximize The Value Of Your Business (Exitwise blog)