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Tim Doyle

πŸ‘€ Speaker
1184 total appearances

Appearances Over Time

Podcast Appearances

Equity Mates Investing Podcast
The Inside Story of Eucalyptus: Tim Doyle on Starting, Scaling and Selling a $1.6 billion business

Uh, I think from our series C onward, we'd use, uh, some kind of one of the top law firms and, and like most often Gilbert and Tobin, but like across different parts of our business, I'm working at the moment with like four different substantial law firms on four.

Equity Mates Investing Podcast
The Inside Story of Eucalyptus: Tim Doyle on Starting, Scaling and Selling a $1.6 billion business

if it matters.

Equity Mates Investing Podcast
The Inside Story of Eucalyptus: Tim Doyle on Starting, Scaling and Selling a $1.6 billion business

And so I'm used to lawyers and then bankers.

Equity Mates Investing Podcast
The Inside Story of Eucalyptus: Tim Doyle on Starting, Scaling and Selling a $1.6 billion business

We have a couple of ex-bankers in our team.

Equity Mates Investing Podcast
The Inside Story of Eucalyptus: Tim Doyle on Starting, Scaling and Selling a $1.6 billion business

The guy who ran the deal on our side, he was at Quadrant before working with us.

Equity Mates Investing Podcast
The Inside Story of Eucalyptus: Tim Doyle on Starting, Scaling and Selling a $1.6 billion business

And so had all of the kind of tricks and sharp elbows of those processes, kind of pretty down-packed and did a fantastic job.

Equity Mates Investing Podcast
The Inside Story of Eucalyptus: Tim Doyle on Starting, Scaling and Selling a $1.6 billion business

And so, yeah, it was interesting because the intensity is so high for so long.

Equity Mates Investing Podcast
The Inside Story of Eucalyptus: Tim Doyle on Starting, Scaling and Selling a $1.6 billion business

And like, I'm amazed that people can roll off one deal onto another deal.

Equity Mates Investing Podcast
The Inside Story of Eucalyptus: Tim Doyle on Starting, Scaling and Selling a $1.6 billion business

So yeah, it was intense, but it felt reasonably normal because we've done it so much.

Equity Mates Investing Podcast
The Inside Story of Eucalyptus: Tim Doyle on Starting, Scaling and Selling a $1.6 billion business

Yeah, it's a good question and one we talk about all the time.

Equity Mates Investing Podcast
The Inside Story of Eucalyptus: Tim Doyle on Starting, Scaling and Selling a $1.6 billion business

Eucalyptus has been a very up and down journey.

Equity Mates Investing Podcast
The Inside Story of Eucalyptus: Tim Doyle on Starting, Scaling and Selling a $1.6 billion business

So there were like good moments and bad moments.

Equity Mates Investing Podcast
The Inside Story of Eucalyptus: Tim Doyle on Starting, Scaling and Selling a $1.6 billion business

I mean, interestingly, like hims and hers has been on the same kind of up and down journey.

Equity Mates Investing Podcast
The Inside Story of Eucalyptus: Tim Doyle on Starting, Scaling and Selling a $1.6 billion business

If you look at their stock over five years, incredibly volatile.

Equity Mates Investing Podcast
The Inside Story of Eucalyptus: Tim Doyle on Starting, Scaling and Selling a $1.6 billion business

But one thing that that up and down journey taught me is like the rug can get pulled at any time and momentum doesn't last forever.

Equity Mates Investing Podcast
The Inside Story of Eucalyptus: Tim Doyle on Starting, Scaling and Selling a $1.6 billion business

Like I felt a substantial responsibility to not only like our team, but also as like a kind of custodian of capital for our investors.

Equity Mates Investing Podcast
The Inside Story of Eucalyptus: Tim Doyle on Starting, Scaling and Selling a $1.6 billion business

And so that pressure combined with the fact that I knew things kind of went up and went down and the momentum was often fleeting meant that like I always was pretty pragmatic about when and how to sell the company.

Equity Mates Investing Podcast
The Inside Story of Eucalyptus: Tim Doyle on Starting, Scaling and Selling a $1.6 billion business

And so I always had kind of one eye

Equity Mates Investing Podcast
The Inside Story of Eucalyptus: Tim Doyle on Starting, Scaling and Selling a $1.6 billion business

or some percentage of one eye on it.

Equity Mates Investing Podcast
The Inside Story of Eucalyptus: Tim Doyle on Starting, Scaling and Selling a $1.6 billion business

And so we'd been to like a non-binding indicative offer phase with another company before.