TechExits Podcast
Selling Before the Market Catches Up: Seller's Corner with Jose Esteban Biskofski, Algebraix
Jose Esteban Biskofski | Algebraix | Co-Founder In this Seller's Corner episode, Jose Esteban Biskofski, Co-Founder of Algebraix , shares why he and his co-founder chose to sell their school software and fintech business rather than raise capital to compete with better-funded rivals moving into payments, loans, and factoring. Jose walks through how an earlier deal that fell through years ago prepared him for the real one, and how a preemptive offer arrived just as they were preparing to go to market . He's candid about what came next: six months of deadline-driven, stressful work, and the one thing he would do differently, which is run due diligence on the buyer too. He also shares what it's like now, adjusting to life inside a younger, faster-growing company where sales and EBITDA are the focus. Key Takeaways: A failed deal can be the best preparation for the next one Expect about six months of deadline-driven work Diligence should run both ways, so investigate your buyer too Add accounting support and a strong attorney early, and lock down any earn-out terms 00:00 – Introduction: Jose Esteban Biskofski and Algebraix 01:43 – Finding the right advisor 02:17 – Why sell: from school software to fintech, and choosing security over raising capital 03:10 – An earlier deal that fell through and what it taught them 03:53 – Hindsight: due diligence on the buyer and the preemptive offer 04:56 – Advice for Latin American founders and life after the deal
