Justin Shum
👤 SpeakerAppearances Over Time
Podcast Appearances
Absolutely, let's do it.
Yeah, ReadyChat.
Founded back in 2013, exited it in 2015.
Yep, you got it.
Yes, that and a lot of blood, sweat and tears.
Yeah.
We operated for three years and then we had an acquisition.
We were pretty close in terms of Canadian dollars.
If you converted that to USD, yeah, it broke a million.
And because it was a hybrid between software and services, we didn't get a huge multiplier on it.
It was about 3x revenue for the acquisition.
Bootstrapped entrepreneur.
That was a lot of money for us at the time.
There was three.
Yeah.
And in Canada, you get your tax-free up to $750,000.
So it was basically all of it in our pockets, which was nice.
Yeah.
Yeah, I think every founder has seller's remorse, for sure.
But it was somewhat of a platform that launched us into other businesses.