In Episode 567, Rob Walling chats with Don Pottinger about joining a company as a developer, transitioning to CTO within 6 months, buying the company for $1, and then later on selling it for a life-changing sum of money.
The topics we cover
[4:08] Learning to code independently vs learning on the job
[06:38] Joining Kevy in 2014
[8:00] Transitioning to Director of Engineering and then to CTO
[11:58] Difficulty of laying employees off
[14:20] A new CEO and $0 MRR
[16:08] Cap table difficulties
[19:56] CEO departure and buying the company for $1
[26:30] Starting over and doing it solo
[29:01] Running as a lifestyle business and selling the company
[35:02] Launching a new startup
Links from the show
If you have questions about starting or scaling a software business that you’d like for us to cover, please submit your question for an upcoming episode. We’d love to hear from you!