How This $300M Founder Sold His Luxury Lifestyle Startup to a Bank - Alex Macdonald

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The Founders Lounge

Matic Jesenovec

89 episodes

6 days ago

Imagine you are friends with some of the UK’s best entrepreneurs. Now imagine you can grab a drink with each of them and casually chat about business ideas, motivations, tactics, strategies and success habits. That’s what The Founders Lounge is all about. It provides real insights into the real day-to-day lives of real founders, CEOs and other business professionals every week. Hosted by Matic Jesenovec.

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All content for The Founders Lounge is the property of Matic Jesenovec and is served directly from their servers with no modification, redirects, or rehosting. The podcast is not affiliated with or endorsed by Podjoint in any way.

Entrepreneurship

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How This $300M Founder Sold His Luxury Lifestyle Startup to a Bank - Alex Macdonald | E80

The Founders Lounge

1 hour 24 minutes 5 seconds

1 year ago

How This $300M Founder Sold His Luxury Lifestyle Startup to a Bank - Alex Macdonald | E80

Alex Macdonald is a Co-Founder of Velocity Black, which was acquired by Capital One for a reported $297M. Now he’s a Co-Founder and CEO of Sequel - an investment platform for the world’s best athletes. He’s also an angel investor in 40+ companies.

We talk about: - One of Alex’s first jobs: buying distressed companies for $0 - How Alex got the idea for Velocity Black - What it takes to build a company worth $100s of millions - Growth strategy of one of the fastest-growing startups in Europe - How to achieve a successful exit - Is it easier to start a hard company? - Dinner with the Pope, meeting Taylor Swift, missions to the space station - Building an investment platform for the world’s best athletes - Acquiring ultra-successful individuals as customers - Alex’s comprehensive methodology for hiring A-players - How to foster high performance in the company - Working hard vs work-life balance - The importance of focus - The #1 book that changed Alex’s life - A powerful (selfish) principle Alex lives by

Links:

- Alex on LinkedIn: https://www.linkedin.com/in/alexfmac/

- Alex on X/Twitter: https://twitter.com/alexfmac

- Alex’s newsletter: https://alexfmac.substack.com/

- Velocity Black: https://velocity.black/

- Sequel: https://www.joinsequel.co/

- Alchemy: https://www.amazon.co.uk/Alchemy-Science-Conceiving-Effective-Logical/dp/006238841X

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