Episode

Alex Macdonald. A $300M Exit is No Reason to Retire

Podcast
Exit Paradox
Published
Feb 18, 2025
Duration seconds
5700
Processing state
not_requested
Canonical source
https://www.exitparadox.com/podcast/alex-mcdonald
Audio
https://media.transistor.fm/e29a90de/9d85dbcd.mp3
JSON
/v1/public/podcasts/exit-paradox-7495448/episodes/alex-macdonald-a-300m-exit-is-no-reason-to-retire
Markdown
/podcast/exit-paradox-7495448/alex-macdonald-a-300m-exit-is-no-reason-to-retire.md

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Summary

What would you do if you sold your company for 300 million dollars? Retire? Explore the world? Do all these other things you had no time to do while building a business? This is not what my friend Alex Macdonald did when he sold his company Velocity Black two years ago. In fact, Alex made it quite impossible for himself to have any kind of post-exit sabbatical. Why? Well, Alex has seen enough of his post-exit founder friends getting stuck in full-blown existential crisis after they sold their company. He didn't want that to happen to him. In this episode, we're going to explore why he made this decision, whether two years later he still feels it was the right one, and how he applies the lessons from his first full entrepreneurial cycle to building his new business, appropriately called SQL. 00:00:00 - Introduction 00:02:25 - The Story of Velocity Black 00:07:46 - Selling Velocity Black to Capital One 00:07:05 - Why Alex Started Another Business Before Selling His First One 00:10:52 - The Founder’s Existential Crisis After an Exit 00:12:45 - The Shortage of Builders, Not Investors 00:14:19 - Work-Life Balance & Health After an Exit 00:16:21 - Lessons from Running a 24/7 Business 00:19:52 - Changing Approach to Work with Sequel 00:21:19 - Different Approaches to Post-Exit Businesses 00:24:19 - Sequel: Building a Next-Gen Goldman Sachs 00:27:26 - Managing Motivation After Financial Success 00:31:03 - Fulfillment vs. Happiness: What Really Matters? 00:33:15 - The Biohacking & Longevity Obsession 00:35:51 - Community & Meaning in Life After an Exit 00:39:13 - The Idea of Creating a New Religion 00:45:46 - The Role of Structure & Responsibility in Life. 00:54:08 - The Challenge of Freedom After an Exit 00:57:46 - Angel Investing & How It Led to Sequel 01:…