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The Exit Club

Fratzke Media

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The Exit Club
The Exit Club

The Exit Club

Fratzke Media

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Followers
0
Plays
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About Us

THE EXIT CLUB podcast, powered by Fratzke Media, is all about what happens once the papers are signed, the deal is done, and life after exit begins. Each week, host Laura Rich talks with successful entrepreneurs across a range of industries about how they navigated the aftermath of an exit. THE EXIT CLUB pulls back the covers on this final stage of the entrepreneurial journey, sharing stories of grief and triumph.About Laura Rich: Veteran journalist and serial entrepreneur Laura Rich exited her business in February 2017. She is also the author of the Paul Allen biography The Accidental Zillionaire and a former columnist for the New York Times.About Fratzke Media: We are solution engineers who specialize in telling stories in the Eight Channels of Digital Marketing. Our team of storytellers excel in leading digital transformations, and exceeding your expectations is our top priority.

Latest Episodes

#7 - GreenChef Founder Michael Joseph - The Things You Give Up

Michael Joseph is the founder and former CEO of GreenChef, a mealkit business that was acquired earlier this year by HelloFresh. The deal called for Michael to remain with the company, but, like many an entrepreneur, Michael quickly discovered that working for a big company was not for him, and lawyered his way out of his agreements within weeks after the deal closed. He’s prohibited from talking about the details of his departure, but he did share some behind the scenes on the way the deal went down, including the controlling role a board plays and the stress that entrepreneurs go through during the sale process. He also talked about how he has worked on recuperating from his business, while also thinking about what he’ll start next. It was really a treat to speak with Michael. I hope you enjoy our conversation. What you’ll learn: That it’s not super advisable to run two companies at once, since one of them ultimately will have to shutter. The stronger one won out, of course. -...

38 MIN2018 DEC 5
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#7 - GreenChef Founder Michael Joseph - The Things You Give Up

#6 - The Less Common Thing - Interview with Dave Will

Dave Will founded Peach New Media, an online learning business, in 2001, with a little bit of borrowed funds and hopes of customers -- enough, he said, to put "Cheerios on the table" for his family. In 2015, his business was acquired by a private equity firm for eight figures. The path to exit began when the phone started ringing with potential suitors and one of them got as far as a closing date. Then, Dave did a less than common thing: He told his employees about the deal that was about to close -- except that it didn't. The buyer put the deal on indefinite hold and employee morale took a hit. Great lessons from Dave on how he pulled the deal back from the brink and saved every employee’s job. After the deal closed, Dave stayed on as part of the deal, with the intention of bringing his company's culture into a bigger entity. When his vision clashed with the other senior executives', he left. Once out, Dave spent too much time "saying yes," something he regrets and says that next ...

49 MIN2018 OCT 11
Comments
#6 - The Less Common Thing - Interview with Dave Will

#5 - $134 Million Exit to Twitter - Jud Valeski Founder of Gnip

Jud Valeski founded social data analytics company Gnip, which he sold to Twitter in 2014 after six years for $134 million. Unlike many founders, Jud did not stay with the company past the sale, but the decision to leave was less about whether he wanted to stay or go and more about the one-time opportunity to cash in his founder’s equity. On this episode of THE EXIT CLUB, Jud opened up about leaving the company he founded and what has followed, though he fervently believes you don’t have to have an answer to “what are you going to do next.” He talked about that as well as what he has been up to since the sale.

25 MIN2018 SEP 13
Comments
#5 - $134 Million Exit to Twitter - Jud Valeski Founder of Gnip

Latest Episodes

#7 - GreenChef Founder Michael Joseph - The Things You Give Up

Michael Joseph is the founder and former CEO of GreenChef, a mealkit business that was acquired earlier this year by HelloFresh. The deal called for Michael to remain with the company, but, like many an entrepreneur, Michael quickly discovered that working for a big company was not for him, and lawyered his way out of his agreements within weeks after the deal closed. He’s prohibited from talking about the details of his departure, but he did share some behind the scenes on the way the deal went down, including the controlling role a board plays and the stress that entrepreneurs go through during the sale process. He also talked about how he has worked on recuperating from his business, while also thinking about what he’ll start next. It was really a treat to speak with Michael. I hope you enjoy our conversation. What you’ll learn: That it’s not super advisable to run two companies at once, since one of them ultimately will have to shutter. The stronger one won out, of course. -...

38 MIN2018 DEC 5
Comments
#7 - GreenChef Founder Michael Joseph - The Things You Give Up

#6 - The Less Common Thing - Interview with Dave Will

Dave Will founded Peach New Media, an online learning business, in 2001, with a little bit of borrowed funds and hopes of customers -- enough, he said, to put "Cheerios on the table" for his family. In 2015, his business was acquired by a private equity firm for eight figures. The path to exit began when the phone started ringing with potential suitors and one of them got as far as a closing date. Then, Dave did a less than common thing: He told his employees about the deal that was about to close -- except that it didn't. The buyer put the deal on indefinite hold and employee morale took a hit. Great lessons from Dave on how he pulled the deal back from the brink and saved every employee’s job. After the deal closed, Dave stayed on as part of the deal, with the intention of bringing his company's culture into a bigger entity. When his vision clashed with the other senior executives', he left. Once out, Dave spent too much time "saying yes," something he regrets and says that next ...

49 MIN2018 OCT 11
Comments
#6 - The Less Common Thing - Interview with Dave Will

#5 - $134 Million Exit to Twitter - Jud Valeski Founder of Gnip

Jud Valeski founded social data analytics company Gnip, which he sold to Twitter in 2014 after six years for $134 million. Unlike many founders, Jud did not stay with the company past the sale, but the decision to leave was less about whether he wanted to stay or go and more about the one-time opportunity to cash in his founder’s equity. On this episode of THE EXIT CLUB, Jud opened up about leaving the company he founded and what has followed, though he fervently believes you don’t have to have an answer to “what are you going to do next.” He talked about that as well as what he has been up to since the sale.

25 MIN2018 SEP 13
Comments
#5 - $134 Million Exit to Twitter - Jud Valeski Founder of Gnip

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