# How I Raised Twenty Million to Take Control of a Fifty Million Dollar Company

Page: https://stenobird.com/podcast/the-sweaty-startup-477068/how-i-raised-twenty-million-to-take-control-of-a-fifty-million-dollar-company
Text version: https://stenobird.com/podcast/the-sweaty-startup-477068/how-i-raised-twenty-million-to-take-control-of-a-fifty-million-dollar-company.md
Podcast: [The Sweaty Startup](https://stenobird.com/podcast/the-sweaty-startup-477068)
Published: 2025-12-17T20:10:00+00:00
Episode link: https://sweatystartup.libsyn.com/how-i-raised-twenty-million-to-take-control-of-a-fifty-million-dollar-company
Audio file: https://traffic.libsyn.com/secure/sweatystartup/NH_-_Tom_Hunt_Full_Segment.mp3?dest-id=913535
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JSON: https://stenobird.com/v1/public/podcasts/the-sweaty-startup-477068/episodes/how-i-raised-twenty-million-to-take-control-of-a-fifty-million-dollar-company
Duration seconds: 1192

## Resource

Tom and I talk about the moment I turned down a multimillion dollar cash-out offer and instead decided to raise twenty million dollars and buy control of Somewhere.com. I walk through how that deal came together, how I borrowed nine million from the founder, structured the investor tranches, and rebuilt the leadership team while still running Bolt Storage and RE Cost Seg. We get into why I believed the company could become a publicly traded business and how my media brand helped me raise over forty million for storage, somewhere and other deals. I also explain how I split my time across multiple companies, why I spend 350k a year on my personal media team, and how building a brand on X completely accelerated my career. This episode is about unreasonable ambition, calculated risk and making moves even when nobody gives you permission. Grow your business: https://sweatystartup.com/events Book: https://www.amazon.com/Sweaty-Startup-Doing-Boring-Things/dp/006338762X Newsletter: https://www.nickhuber.com/newsletter My Companies: Offshore recruiting – https://somewhere.com Cost segregation – https://recostseg.com Self storage – https://boltstorage.com RE development – http://www.boltbuilders.com Brokerage – https://nickhuber.com Paid ads – https://adrhino.com SEO – https://boldseo.com Insurance – https://titanrisk.com Pest control – https://spidexx.com Sell a business: http://nickhuber.com/sell Buy a business: https://www.nickhuber.com/buy Invest with me: http://nickhuber.com/invest Social Profiles: X – https://www.x.com/sweatystartup Instagram – https://www.instagram.com/sweatystartup TikTok – https://www.tiktok.com/404?fromUrl=/sweatystartup LinkedIn – https://www.linkedin.com/in/sweatystartup Podcasts: The Sweaty Startup & The Nick Huber Show https://open.spotify.com/show…

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