Mit Magzter GOLD unbegrenztes Potenzial nutzen
Erhalten Sie unbegrenzten Zugriff auf über 9.000 Zeitschriften, Zeitungen und Premium-Artikel für nur
WHEN THE MINNOW SWALLOWS THE WHALE
Inc.
|September 2024
No sooner had Jay McKee led Lessen to a billion-dollar valuation than he set his sights on a massive deal.
One night in late November 2021, Jay McKee, CEO of real estate tech platform Lessen, hosted 80 real estate VIPs at his home in Scottsdale, Arizona, for an annual soiree. He had something special to celebrate: his company's new $1.1 billion valuation. Sometime between the unveiling of grand cru wines, Pappy Van Winkle, and visits to the cigar cabana, McKee approached SMS Assist founder Mike Rothman, whom he'd known for 10 years. Reveling in Lessen's rapid growth, McKee blurted out, half in jest, "What if I buy your company?" Rothman laughed. "Jay," he said, "our revenue is 10 times yours. We buy you."
Diese Geschichte stammt aus der September 2024-Ausgabe von Inc..
Abonnieren Sie Magzter GOLD, um auf Tausende kuratierter Premium-Geschichten und über 9.000 Zeitschriften und Zeitungen zuzugreifen.
Sie sind bereits Abonnent? Anmelden
WEITERE GESCHICHTEN VON Inc.
Inc.
ACTION items
HOW TO NEGOTIATE PAY RAISES
3 mins
Winter 2025
Inc.
SNEAKER KING
Former Yeezy innovator Omar Bailey is disrupting the sneaker industry with his streamlined production and viral footwear drops at Fctry Lab.
3 mins
Winter 2025
Inc.
DEEP IMPACT
Reinventing decades-old technology, the founders of Vaulted Deep went underground to fight climate change.
2 mins
Winter 2025
Inc.
MAKE AI YOUR STRATEGY CONSULTANT
Traditional consulting, whether delivered by internal or external consultants, often dances around uncomfortable truths.
1 min
Winter 2025
Inc.
Takes One to Know One: The Makings of a Grade A Manufacturer
When Pure Manufacturing's founders couldn't find a reliable manufacturer for their dietary supplement company, they launched their own.
2 mins
Winter 2025
Inc.
A Renovation Business That Helps Workers Build Careers
Pennsylvania construction company Porter Family Exteriors finds success by remodeling its work culture and developing a long-view strategy for growth.
2 mins
Winter 2025
Inc.
The Blueprint: Challenging the Ad Industry to Do the Most Good
Award-winning advertising agency Elite Media, LLC, is Black-owned, women-led, and committed to producing exceptional work that serves the greater good.
3 mins
Winter 2025
Inc.
EMPOWER PLAYER
Actively Black isn't just an athleisure line—it's a movement.
3 mins
Winter 2025
Inc.
How a Biotech Engineer and Toxicologist Built a Global Brand to Change Wellness
Using patented purification methods and a community-first growth strategy, the Root Brands is redefining what it means to build a science-led wellness company.
2 mins
Winter 2025
Inc.
The CEO Who Stopped Chasing Critics and Started Growing Faster
Mahsam Raza built The Dua Brand into a multimillion-dollar fragrance company by focusing on customers who mattered most.
2 mins
Winter 2025
Listen
Translate
Change font size