The Right Time To Exit was Yesterday with Amy Yin

The Exit - Presented By Flippa

Technology

5 • 2K Ratings

🗓️ 3 October 2022

⏱️ 26 minutes

🔗️ Recording | iTunes | RSS

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Summary

This week on The Exit: Amy Yin has a passion for working in starts at the early stages which led to her working at Facebook, Hire.com and CoinBase. But as those businesses grew, Amy found she missed the early fast-paced environment of start-ups. So she started her own business tapping into the growing working-from-home trend. After 2 years of growth, VC funding dried up and Amy’s hunt for investors turned into a search for acquirers. Find out how she ended up selling to a competitor and why she believes: “if you’re thinking about selling your business, the right time was probably yesterday”. OfficeTogether was an office reservation and scheduling software for companies who want to empower their employees with the flexibility to work how they are most productive while also honoring the magic of in-person time. In August of 2022 they joined forces with Envoy as part of the OfficeTogether acquisition. LinkedIn - https://www.linkedin.com/in/amyyin/ Website - https://envoy.com/ The Exit Meetups - https://flippa.com/the-exit-meetups/ Her Future Event - https://flippa.com/events/her-future/ -- The Exit—Presented By Flippa: A 30-minute podcast featuring expert entrepreneurs who have been there and done it. The Exit talks to operators who have bought and sold a business. You’ll learn how they did it, why they did it, and get exposure to the world of exits, a world occupied by a small few, but accessible to many. To listen to the podcast or get daily listing updates, click on flippa.com/the-exit-podcast/

Transcript

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0:00.0	Hello and welcome to the exit presented by Flip other world's largest marketplace to buy and sell online businesses and startups.
0:07.3	The exit is a 30-minute podcast featuring expert entrepreneurs who have been there and they have done it.
0:11.7	The exit talks to operators who have bought and sold businesses of all different sizes.
0:16.1	You'll learn how they did it, why they did it, and get exposure to the world of exits.
0:20.6	It's a world occupied by a small few but accessible to many.
0:25.9	Now in this episode, I sit down with Amy Yin.
0:29.2	She's a fantastic entrepreneur that has extensive experience with startups in Silicon Valley,
0:34.8	working at Facebook, working at hired.com and Coinbase.
0:39.7	Just a really fantastic track record as an engineer at these companies and she left to
0:44.4	start a company office together that got acquired by Envoy.
0:48.4	A really cool concept and especially now with everybody working from home in the tech space.
0:54.9	And it's really exciting to hear her story and very inspiring to hear the trajectory of the
1:00.7	business after a fundraise, having an investor introduce her to one of their friends that eventually
1:07.6	became the acquiring company and a really great story of going from the Silicon Valley giant
1:15.2	companies that started as 100 person companies when she joined and then skyrocketing up to thousands
1:20.7	of people and the original employees all sort of saying, hey, I really enjoy that smaller experience
1:26.3	and want to join a startup in Amy's example, actually starting her own.
1:33.0	So without further ado, let's sit down and talk through Amy's story.
1:37.7	I wanted to give everybody a quick heads up that Flipba is hosting the exit meetups across the US,
1:43.0	UK, Europe, and Asia and you can connect with like-minded business owners,
1:47.6	entrepreneurs and of course enjoy a drink on Flipba.
1:52.0	I did this a couple of years back where I went to the meetup in Austin.
	...

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