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Big tech is transforming every aspect of our world. But how, and at what cost? This season of Land of the Giants – The Disney Dilemma – focuses on Disney’s ability to weather the ups and downs of the business cycle and changing tastes and explores what has kept it successful for over 100 years. The entertainment giant has leveraged nostalgia and its intellectual property to build a beloved brand, but after an acquisition spree that included Marvel, Lucasfilm, and 20th Century Fox, can it sus ...
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Tim Gill founded Quark in 1981, which built the world's most popular enterprise publishing software and held 90% of the market share at its peak. After selling all his shares in Quark for $500 million in 2000, Tim became one of the wealthiest 400 people in America and the single largest individual donor to the LGBT rights movement in US history.
On this episode of the Startup Exits Podcast, we chat with Tim about:
• Early days of word processors.
• Cost of shipping updates in the 80s & 90s.
• Bringing in an external CEO.
• Founders leaving the company.
• How Tim negotiated to be bought out for $500 million.
• Startups in the 80s vs now.
• How to spend capital and control burn rate.
• Current state of home automation.
• Future of smart homes.
Tim now runs Josh.ai, a voice-controlled home automation startup. He’s also the founder of the Gill Foundation, a philanthropic organization supporting the LGBT community in the US.
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