{"version":1,"type":"rich","provider_name":"Libsyn","provider_url":"https:\/\/www.libsyn.com","height":90,"width":600,"title":"Selling Before the Market Catches Up: Seller's Corner with Jose Esteban Biskofski, Algebraix","description":"Jose Esteban Biskofski | Algebraix | Co-Founder In this Seller's Corner episode, Jose Esteban Biskofski, Co-Founder of Algebraix, shares why he and his co-founder chose to sell their school software and fintech business rather than raise capital to compete with better-funded rivals moving into payments, loans, and factoring.  Jose walks through how an earlier deal that fell through years ago prepared him for the real one, and how a preemptive offer arrived just as they were preparing to go to market. He's candid about what came next: six months of deadline-driven, stressful work, and the one thing he would do differently, which is run due diligence on the buyer too. He also shares what it's like now, adjusting to life inside a younger, faster-growing company where sales and EBITDA are the focus.  Key Takeaways:   A failed deal can be the best preparation for the next one  Expect about six months of deadline-driven work  Diligence should run both ways, so investigate your buyer too  Add accounting support and a strong attorney early, and lock down any earn-out terms  00:00 \u2013 Introduction: Jose Esteban Biskofski and Algebraix   01:43 \u2013 Finding the right advisor   02:17 \u2013 Why sell: from school software to fintech, and choosing security over raising capital   03:10 \u2013 An earlier deal that fell through and what it taught them   03:53 \u2013 Hindsight: due diligence on the buyer and the preemptive offer   04:56 \u2013 Advice for Latin American founders and life after the deal ","author_name":"TechExits Podcast","author_url":"http:\/\/techexits.libsyn.com\/website","html":"