EPISODE · Jul 21, 2023 · 38 MIN
Entrepreneur Sells Company for $200 Million
from Ecommerce Conversations · host Practical Ecommerce
Patrick Campbell founded ProfitWell, an advisory platform for SaaS companies, in 2012 after stints at the U.S. Department of Defense and Google. He sold the business last year for $200 million.ProfitWell had no outside investors. Campbell paid himself a $74,000 annual salary. He had $20,000 in the bank when the deal closed.How does a founder, or anyone, adjust to $200 million from $20,000? Campbell addressed that question and more in this thoughtful interview.For an edited and condensed transcript with embedded audio, see: https://pec-ly.com/?6oBXFor all condensed transcripts with audio, see: https://www.practicalecommerce.com/tag/podcasts******The mission of Practical Ecommerce is to help online merchants improve their businesses. We do this with expert articles, podcasts, and webinars. We are an independent publishing company founded in 2005 and unaffiliated with any ecommerce platform or provider. http://www.practicalecommerce.com
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Patrick Campbell founded ProfitWell, an advisory platform for SaaS companies, in 2012 after stints at the U.S. Department of Defense and Google. He sold the business last year for $200 million. ProfitWell had no outside investors. Campbell paid himself a $74,000 annual salary. He had $20,000 in the bank when the deal closed. How does a founder, or anyone, adjust to $200 million from $20,000? Campbell addressed that question and more in this thoughtful interview. For an edited and condensed...
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Entrepreneur Sells Company for $200 Million
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