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Moneywise

From Startup to $40M Exit – And We’re Still Just Brothers

Moneywise

Hampton

Business, Entrepreneurship, Investing

4.8674 Ratings

🗓️ 11 February 2025

⏱️ 44 minutes

🧾️ Download transcript

Summary

Most founders feel isolated after selling their company. Chris and David Sinkinson didn’t—because they had each other. The brothers built and sold their startup, AppArmor, for $40 million. But unlike many founders who struggle with identity and purpose post-exit, they had a built-in support system: each other. With a 10-year age gap and complementary skills, they navigated the highs and lows of entrepreneurship as a team. And when they suddenly found themselves financially free, their brotherhood kept them from making reckless decisions—or jumping into the next venture too soon. In this episode, Chris and David share how selling their company impacted their relationship, their investments, and their sense of purpose. We dive into: Why going through a major exit alone can feel isolating—but they never did. How their brotherly dynamic kept them from making bad financial decisions. The identity crisis that followed the sale—and how they leaned on each other to navigate it. Why they’re already thinking about their next venture, but with new priorities. 🔗 Check out their book and podcast at startupdifferent.com. This is Moneywise, a podcast where host Sam Parr is joined by high-net-worth guests to explore exclusive insights into personal finance and lifestyle tailored for other high-net-worth people, or those on their way. They'll get radically transparent about the numbers, revealing things like their burn rates, portfolios, and spending habits. Who is Harry Morton? Harry Morton is the CEO of Lower Street, a company specializing in premium podcast production that he founded to transform brand narratives through audio storytelling. His expertise has made Lower Street a leader in the podcast industry, working with diverse clients from startups to Fortune 500 companies to enhance their market presence and audience engagement. Who is Sam Parr? Sam is a serial entrepreneur and the co-founder of The Hustle, which he sold to HubSpot in 2021. He's also the co-host of one of the world's top podcasts for entrepreneurs, My First Million. Known for his insightful business acumen and candid communication style, Sam Parr continues to be a prominent figure in the world of media and entrepreneurship. Sam's newest and biggest venture yet is Hampton, which he co-founded in 2022. Check out Sam’s Companies:  Hampton Sam’s List This podcast was made for the Hampton community, a private, highly-vetted, peer membership community for founders and CEOs of fast-growing, tech-enabled startups. Chapters: The Big Exit: Details and Figures (01:38) Managing Wealth Post-Exit (04:17) Life Changes and Big Purchases (08:15) Reflecting on the Exit and Future Plans (14:05) Early Days and Starting a Business (17:39) The Beginning of a Partnership (18:57) David's Early Business Ventures (19:37) The Birth of AppArmor (22:05) Bootstrapping and Side Hustles (22:27) Financial Strategies and Dividends (24:16) Balancing Business and Personal Life (28:42) Future Plans and Reflections (32:16) Final Thoughts and Takeaways (38:07) This podcast was produced in partnership with Lower Street and distributed by Morning Brew.

Transcript

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0:00.0

When you have wealth, you need to see all of it in real time across every account, every asset class anywhere in the world.

0:08.4

That's why I use Kubara.

0:10.5

It's the only platform that gives me a complete and real-time view of everything I own.

0:15.5

That means bank accounts, stocks, private investments, crypto, real estate, and even personal assets like art and collectibles.

0:23.6

But it's not just about tracking where I am today. It's about understanding where I'm headed.

0:29.1

Kubera's fast forward feature lets me model out different financial scenarios. So that means

0:33.5

market shifts, liquidity events, major purchases, so I always have a clear picture

0:38.6

of what's next.

0:40.1

I depend on Cabara to say on top of my wealth.

0:42.6

And if you want the same clarity, go to couberra.com.

0:45.4

That's K-U-B-E-R-A.com.

0:53.7

The first day that we stopped working, Chris sent me a PowerPoint deck of a different business he wanted to start.

1:01.7

Clearly he had spent a few hours on this. It looked very nice. I emailed him back to be like,

1:07.0

what are you doing? Stop. Like, go lie down on the couch or go in the lake or do something.

1:12.7

Post-exit founders often face two big challenges, staying grounded and navigating weird family

1:17.9

dynamics. Chris and Dave didn't have that problem. Why? Because they brought each other

1:22.7

along for the ride. I'm Harry Morton and this is Money Wise, a podcast not about how to make money, but how your life

1:28.6

changes when you do. It's a podcast from Hampton. Hampton is Sam Parr's private, highly vetted

1:33.7

community of founders where people like Dave and Chris and me and you have conversations like this

1:39.4

all the time. So if you're interested in learning more, go check it out at joinhampton.com.

1:47.5

Chris and Dave Sinkinson do everything together.

1:50.2

Pretty much.

...

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