Eran Galperin
speaker
76 appearances
1 recordings
1 series
first heard Aug 2024
last heard Aug 2024
Eran Galperin’s voice in public audio — every appearance, attributed to the second.
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Appearances
Like, okay, if Einar says it happens every time, it's fine.
Okay. So he would calm me down and this would happen a lot. Him and my lawyer, I want to give credit, Kaiser, just did an amazing job, especially during the purchase agreements. Every word in those agreements can have... such a long-term effect on your life. And you're like, I don't even know what any of this means.
So having a really good lawyer that is patient and kind enough to explain it in a way that you can understand is so important. And still there, we would get hung up on things where us and the buyer had some sort of disagreement on and like, is this solvable? I don't know. And again, days would go by, weeks would go by. From my end, this is the only thing going on in my life, right?
Other than running the business. But they're dealing with multiple deals at the same time. So I don't know if they're just ghosting me or actually busy. Is this a tactic that they're using to get me to come to their side? Yeah, it's super stressful. I usually consider myself a very even-keeled person, and I was taken aback by how stressed I got near the end of the deal.
Even though we had all this inbound interest, I felt like if this deal falls apart and we go back to market, we will be able to get a really good outcome regardless. But I just didn't, once you get too deep into it, you hate so much to go back to the beginning and do the due diligence again. It's like, oh my God, to go for that will be a nightmare.
So yeah, near the end of the process, I literally got insomnia. I would lie down in my bed, refreshing, looking for emails from the lawyer that I felt like, okay, I have to get out of bed, respond to this now. Otherwise, I'm going to stop this deal for the weekend because it's a Friday. And it got to the point where once I turned the phone off and I'm trying to go to sleep,
I just can't fall asleep. So it's like, OK, it's 8 a.m. I'm just getting up. I didn't sleep today. I'll just keep going. And what do you know? Another email came in from the lawyer. So good thing I didn't go to sleep and just stayed like that for the last couple of weeks of the process.
As I mentioned, one of the reasons for selling the company was due to burnout. And when I was talking about the terms with the buyer, I mentioned that I would like to step down as CEO after the company is sold, and probably over the course of maybe a year or two, eventually walk away from the company, or at least have the ability to do that. So currently I'm still the CEO.
We closed the deal two and a half months ago. We're in the process of recruiting a professional CEO to come in and take over for me. I literally had an interview just before this call, an hour-long interview. By the way, it's been a fascinating process, interviewing for the CEO position.
I'm talking to really incredible people, and I'm super excited to potentially work with those people, with me taking a smaller role in the company, mainly focusing on product. That's where I feel I can make the most impact at the company. I've been doing well in the other aspects, but those are definitely not my strong suits.
So going back to focusing on product and over time, reducing my involvement in the company, I still hold some minority stake in the company. So I wanted to do well, but maybe more on a consultancy basis eventually.
The main thing for me right now, and I already started doing that, is I'm looking to help mentor other B2B SaaS founders from that zero to one and a potential sale process and also do some angel investing in that same realm. So I'm talking to a few founders already. Those conversations actually are incredibly invigorating for me.
Yeah, I just incredibly happy to talk about those topics. It's like I have somebody who also understands what I'm talking about and having those conversations, kind of like what we're doing right now.
Yeah, so I have my personal website. It's IranGalperin.com. If you just Google my name, you'll find it. You can contact me through there. Also, I'm on Twitter and LinkedIn. Easy to find. Feel free to reach out if you want to talk. I'm super excited to talk to founders about B2B SaaS. It's kind of my thing right now.
Yeah, it always gets me worked up to talk to founders in the early stages and hearing about what they're doing. It's like, wow, that's so exciting. So yeah, I love having those calls.
Thank you so much, Rob. Been a pleasure.
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