Take Five #019: Turns out Eggcartons.com was a wildly profitable business acquisition, and more
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Codely v2.0 public release is here
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What has changed in our latest release?
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All new features available for all public channel users
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Coding collaboration with over 200 users at once
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Real-time code save every 0.1 seconds
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Take Five #019: Turns out Eggcartons.com was a wildly profitable business acquisition, and more
1. Top takeaways from HoldCo Conf: “The Road to Riches is Paved with Lots of Lanes”
If you missed HoldCo Conf like we did (someone on our team got married the same weekend!), have no fear—lots of great takeaways on these Twitter threads:
2. Advice from seasoned CFOs on navigating a downturn
10 great lessons from experienced CFOs to help first-time founders/owners during an economic downturn:
Downturn Lesson #10: Surround yourself with the right people, especially at the board and leadership levels
When times are easy, the importance of having an engaged and experienced team or board of directors is often undervalued. The quality of the board and leadership team will be put to the test during a downturn.
From “Advice from Seasoned CFOs on Navigating a Downturn” by Cowboy Ventures
3. How one woman bought and built an empire off Eggcartons.com
Cool tidbit from the interview: “I’m in the midst of something that precludes me from sharing figures publicly. All I can say is that our revenue is less than 50 million.”
4. Why you may need a partner in business:
5. A guide on due diligence for finding a great business:
Loved what you read? Subscribe to Take Five to get our top quick reads every week from the team at Kumo. Kumo aggregates thousands of sources into one easy-to-use platform so that you can spend less time sourcing, and more time closing deals.
