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“I stayed for my teams”: between blues and euphoria, the delicate handover of entrepreneurs who sell their start-ups

2024-03-14T07:14:40.897Z

Highlights: Selling your business is a difficult and emotional moment. In 2023, more than 400 French start-ups have been acquired, or 7.4% more. “When we signed, I was happy, even if deep down, I felt that I had lost a little piece of my company,” remembers Paul*, founder of a start-up company. ‘I stayed for my teams’: between blues and euphoria, the delicate handover of entrepreneurs who sell their business.


INVESTIGATION - Selling your business is a difficult and emotional moment. New status, new organization, new objectives, the dream sometimes turns into an ordeal.


At first, everything went well.

“I sold a start-up at 27, I was super proud

,” recalls Paul*, a touch of nostalgia in his voice.

Barely out of school, the young engineer is developing software that allows companies to better manage their data.

Success is not long in coming.

The great deal is only a year and a half old but is already of interest to investors.

“At first, we refused to sell

,” says the entrepreneur.

With his co-founder, they are rather aiming for fundraising.

“But the table rounds take time,” concedes Paul.

I wanted to develop my solution, not spend my time looking for money.”

At the same time, a company in the sector made them a buyout offer.

Deal.

“When we signed, I was happy, even if deep down, I felt that I had lost a little piece of my company

,” remembers Paul.

“A wave of relief”

In 2023, more than 400 French start-ups have been acquired, or 7.4% more…

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Source: lefigaro

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