Ep 508 Exit Story: The Surprising Math Behind a $100 Million Exit

from Built to Sell Radio · host John Warrillow

Dan Berger built Social Tables into a SaaS success story with $20M in recurring revenue and more than 6,000 customers. He sold the business for $100 million. But after raising $27M in venture funding and navigating liquidation preferences, his personal payout was just under $20M. In this week's episode of Built to Sell Radio, Dan reveals the surprising math behind his deal and shares the emotional highs and lows of walking away from his company.

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This episode is 49 minutes long.

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This episode was published on August 22, 2025.

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