Alex Bean Sold Divvy for $2.5 Billion. So Why Wasn’t He Happy? | Built to Sell News

Whether you’re selling your business for $2 million or $2 billion, you need a plan for life after the sale. Alex Bean, who sold Divvy for $2.5 billion, shares why his exit left him feeling unfulfilled and the critical mistakes he made along the way. In this episode of Built to Sell Radio, Alex opens up about the emotional and practical challenges after a life-changing sale.

You’ll also learn: 

  • How to evaluate whether to raise capital or grow organically.
  • How to talk to your kids about money without spoiling their drive.
  • How to avoid the “disease of more” after a big exit.
  • Strategies for finding fulfillment post-sale.

 

Listen to the episode

Read the show notes

Quote of the Week

Selling your business doesn’t automatically bring happiness. I was left asking, ‘What’s next?

Deals

NSX Group, a Brazilian company that operates sports betting websites, including Betnacional, sold 56% of its business to Flutter Entertainment, an online sports betting and gaming company, for $350 million. NSX is expected to generate $256 million in revenue and $34 million in EBITDA in 2024, meaning Flutter paid around 10 times EBITDA for NSX.

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