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Selling Cumulocity to Software AG - Bernd Gross on selling his IoT-startup

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Manage episode 322681836 series 2964905
Content provided by Peak / Johan van Mil. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Peak / Johan van Mil or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://staging.podcastplayer.com/legal.

In this episode of The Big Exit Show we talk to Bernd Gross who founded IoT-platform Cumulocity in 2010 in Düsseldorf. He sold the company nine years later to tech giant Software AG for an undisclosed amount - but the mathematical wizards of Peak Capital will do an informed valuation of the deal at the end of the episode. You will also learn:

  • How a smaller company can compete with large scale competitors like Azure and AWS
  • Why you need to focus as a startup to be credible to end customers
  • Why you need a M&A advisor when selling a company.

In The Big Exit Show our hosts Johan van Mil and Remy Gieling talk to tech entrepreneurs about scaling their companies and the lessons and pitfalls of a successful exit.

The Big Exit Show is an initiative by Peak. Peak invests in early-stage SaaS, marketplace, and platform companies ran by kick-ass teams. Want to know more about Peak and the ventures we back? Check out our website or send us a message! Feedback for our podcast or want to be featured on our show? Please reach out at [email protected].

  continue reading

35 episodes

Artwork
iconShare
 
Manage episode 322681836 series 2964905
Content provided by Peak / Johan van Mil. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Peak / Johan van Mil or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://staging.podcastplayer.com/legal.

In this episode of The Big Exit Show we talk to Bernd Gross who founded IoT-platform Cumulocity in 2010 in Düsseldorf. He sold the company nine years later to tech giant Software AG for an undisclosed amount - but the mathematical wizards of Peak Capital will do an informed valuation of the deal at the end of the episode. You will also learn:

  • How a smaller company can compete with large scale competitors like Azure and AWS
  • Why you need to focus as a startup to be credible to end customers
  • Why you need a M&A advisor when selling a company.

In The Big Exit Show our hosts Johan van Mil and Remy Gieling talk to tech entrepreneurs about scaling their companies and the lessons and pitfalls of a successful exit.

The Big Exit Show is an initiative by Peak. Peak invests in early-stage SaaS, marketplace, and platform companies ran by kick-ass teams. Want to know more about Peak and the ventures we back? Check out our website or send us a message! Feedback for our podcast or want to be featured on our show? Please reach out at [email protected].

  continue reading

35 episodes

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