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Selling Cumulocity to Software AG - Bernd Gross on selling his IoT-startup
Manage episode 322681836 series 2964905
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In this episode of The Big Exit Show we talk to Bernd Gross who founded IoT-platform Cumulocity in 2010 in Düsseldorf. He sold the company nine years later to tech giant Software AG for an undisclosed amount - but the mathematical wizards of Peak Capital will do an informed valuation of the deal at the end of the episode. You will also learn:
- How a smaller company can compete with large scale competitors like Azure and AWS
- Why you need to focus as a startup to be credible to end customers
- Why you need a M&A advisor when selling a company.
In The Big Exit Show our hosts Johan van Mil and Remy Gieling talk to tech entrepreneurs about scaling their companies and the lessons and pitfalls of a successful exit.
The Big Exit Show is an initiative by Peak. Peak invests in early-stage SaaS, marketplace, and platform companies ran by kick-ass teams. Want to know more about Peak and the ventures we back? Check out our website or send us a message! Feedback for our podcast or want to be featured on our show? Please reach out at podcast@peak.capital.
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