Why Founders Sabotage Their Own Exit | Juan Ignacio on Timing, Runway and What Comes Next

A founder can be burned out enough to want an exit and still not beready to let the business go.Juan Ignacio knows that tension from both sides. He built a B2B SaaSlending platform from Madrid, raised tens of millions in venturecapital along with a $100 million debt facility, and exited four yearsafter launching. The deal created relief, but it also exposed aquestion the transition could only postpone: What do I do with my lifenow?In this episode of Your NEXT, Juan joins Jerome Myers to unpack whathis own near distressed exit taught him about preparation, runway, andthe danger of waiting until the company needs a transaction. He alsoexplains how that experience led him to found L40, a sell side M&Aadvisory firm focused largely on B2B SaaS companies.Together, Jerome and Juan explore why founders sometimes sabotage thetransactions they say they want, how valuation expectations and markettiming affect the likelihood of a sale, and why “I just need themoney” may be a signal to examine the real problem before hiring anadvisor.Juan also explains the Rule of 40, what makes an advisor a genuinefit, and why a healthy company is not automatically a desirableacquisition target.The hardest part of an exit is not always finding a buyer.Sometimes it is helping the founder become willing to leave.Learn more about Juan and L40:https://www.l40.comTake the Exit Readiness Assessment:https://www.exittoexcellence.com/eraLearn more about Jerome Myers:https://www.exittoexcellence.comThank you,Jerome Learn more about your ad choices. Visit megaphone.fm/adchoices