I Sold My Company for $10 Million. I Didn't Get $10 Million.

Full episode is up at fsotd.com

Harrison sold his company for $10 million. A third of it was cash and two thirds was stock. Then the stock fell from around $8 a share to $1.

In this episode he breaks down the full acquisition. The buyer had just purchased three of his biggest competitors, and when the offer came in around $9 million, he said ten or he walks. They agreed. What followed was two years nobody saw: a seven figure tax bill on money he didn't have yet, staff who couldn't be told about the...