6 Hard-Won Lessons from Selling my Startup
How to navigate the process of selling your business and retain your sanity
Ankur Nagpal
February 19, 2025
March 12 2020 was a wild day.
Tom Hanks got COVID, the stock market fell 9% and we took this photo at a law office in midtown.
The exhaustion very evident after being cooped up in a midtown office for 72 hours
Moments before, I had officially signed the paperwork to sell my startup for a healthy 9-figure amount.
How did it feel?
Mostly relief. The acquisition took a grueling 6+ months to close — including four full months after signing a term sheet.
But it was a remarkable learning experience into the mechanics of how to sell a business.
Since then, I’ve helped countless other founders navigate the same journey.
And I’ve written this article as a summary of the best advice I have for anyone looking to sell their company:
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