The big news in the e-commerce World this week is Unilever’s purchase of Dollar Shave Club (DSC) for a cool $1B (cue the Dr. Evil laugh).
The simplest of ideas has gone from start to $1B in 5 years. This at a time when e-commerce has been going through ups and downs.
E-commerce is one of our three focus areas at SurePath. So, we have followed this company with interest. Here are my top 7 lessons from this runaway success. Some of them are counter to prevailing investor wisdom and how to win in e-ecommerce. Continue reading 7 lessons from the Dollar Shave Club Acquisition
Paul Graham, co-founder of YCombinator, is a smart dude. Founders rightfully listen to what he has to say. One of his many pearls of wisdom is that founders should NOT talk to corporate development groups. Having spent the last 3 days in SF doing pretty much nothing but talking to corp dev groups, all I can say is Paul is wrong. Here’s why:
First, the vast majority of exits happen through acquisition. Less than 10% of exits are from companies going public. Continue reading Why you need to talk to corporate development
May was another ‘meh’ month for software acquisitions in Canada. Highlights: Continue reading Exits in Canada: May 2016