What does it mean to build a startup that "can sell, but doesn't have to"?

This week, we sit across the table from David Czarny, a private equity buyer who's closed 10 software acquisitions. Unlike VCs hunting moonshots, David needs every deal to work—and he reveals exactly what that means for founders.

You'll learn what makes a software company irresistible to buyers, why gross retention matters more than net retention, the red flags that torpedo deals, and his contrarian take on M&A advisors: "As a buyer, I prefer no bankers. As a seller, I'd always hire one."