Why DZone’s Matt Schmidt bootstrapped and hired an investment banker to facilitate a PE buyout.
- S1E6
- 32:43
- October 20th 2020
Matt Schmidt, cofounder and former President of DZone, joins Kevin Mosley to talk about starting a company while still at NC State, bootstrapping over 15 years, and why he chose an investment banker to facilitate an eventual exit to a Growth Equity firm.
Exit Stories
Exit Stories features tech founders, buyers, and sellers from the Triangle, North Carolina and the Southeast to tell their stories about raising capital and selling their startups.
This program is produced by GrepBeat and hosted by Kevin Mosley of Jurassic Capital.
Meet the Host
Kevin is a General Partner at Jurassic Capital, a Durham, NC-based Growth Equity firm focused on growing B2B software companies in the Southeast. Alongside cofounder Joe Colopy, Jurassic’s deep entrepreneurial and operating experience from Bronto and other SaaS companies helps grow and scale capital-efficient companies over $1M in Revenue. They recently closed a $20M+ fund and have portfolio companies building software in HR (Workdove), B2B eCommerce (Corevist), and Test Automation (Cycle Labs).
Kevin spent his pre-Jurassic career operating at growth-stage software companies, including Sageworks, Lulu, Bronto, and Republic Wireless/Relay. He graduated with a BS in Finance from Clemson and loves spending time with his wife in the Triangle as well as watching and playing all sports, especially golf and tennis.