Thanks for sharing Augustin , not an easy story to tell for a founder, but so true of the david vs goliath in the industrial world. I have faced a similar fate only to make it out alive thanks to a solid business model that allowed to say « No » after several 6 month due diligence with 100’s of questions and countless all-nighters to answer them. Just took 15 years. In our case, positive cash-flow, instead of the pursuit of growth at all costs, saved us.
I am not into general tech as much I am in MedTech and other innovation to do with physics and chemistry, but... I read this with an appetite, valuable not only for startups, but for every player in the ecosystem. Looking forward to your next post, it might become one of the rare ones I read actually. So far only 2 I can't skip: David Zhou and Asher Siddiqui's)
Pour moi, ça a été une très belle aventure, pleine d’apprentissages ! La base de tout ce que je sais faire aujourd’hui. Depuis, toutes les ventes m’ont semblé faciles. Merci à vous deux, les frères !
Thanks for sharing Augustin , not an easy story to tell for a founder, but so true of the david vs goliath in the industrial world. I have faced a similar fate only to make it out alive thanks to a solid business model that allowed to say « No » after several 6 month due diligence with 100’s of questions and countless all-nighters to answer them. Just took 15 years. In our case, positive cash-flow, instead of the pursuit of growth at all costs, saved us.
I am not into general tech as much I am in MedTech and other innovation to do with physics and chemistry, but... I read this with an appetite, valuable not only for startups, but for every player in the ecosystem. Looking forward to your next post, it might become one of the rare ones I read actually. So far only 2 I can't skip: David Zhou and Asher Siddiqui's)
Thank you Nastja! Now I have a lot of pressure for my second post 😅
Pour moi, ça a été une très belle aventure, pleine d’apprentissages ! La base de tout ce que je sais faire aujourd’hui. Depuis, toutes les ventes m’ont semblé faciles. Merci à vous deux, les frères !
Merci Romain !!
Why I have not heard this story before?! Very interesting, thank you!