He Sold 4 Companies for $1.5B. The $13M Exit Changed His Life.
About this episode
David Royce shares his journey of building and selling four pest control companies, culminating in a $1.5B exit.
We did something nuts: we got 50+ founders to reveal their net worth, portfolios, income, expenses. Its free and right here: https://joinhampton.com/mw-wr Why this podcast exists: Hampton is a community for founders. Members do an ave of $20m/year in revenue. Tons of the convos within the community are about money: how to invest, how to spend, how much to pay yourself...all this stuff you can't Google. We thought "Let’s just make these convos public". And thus, this podcast Moneywise came to be. We publish weekly. Click the subscribe button and the goodness will be delivered. Also...we've done 100+ episodes. If you want the aggregate info of all the numbers, meaning the net worth, spending, income of 50+ founders ranging from $10m to $1 billion: https://joinhampton.com/mw-wr Ok, so let's talk David Royce, today's guest: He built the same pest control company four times — $13M, $30M, $135M, $1.5B — and says the first exit was the most life-changing. David Royce sold four pest control companies — Moxie, Eco First, Altera, and Aptiv — each bigger than the last, culminating in a $1.5B sale of Aptiv when it was doing $508M in annual revenue. He kept 100% equity through the first…
More episodes of Moneywise
- I Turned Down 8 Figures at 27... It Cost Me Millions
- He Turned Down $11B... Here's Why
- He Sold For $1.5B But Will Never Retire
- How Anne Mahlum Spends $200k/month with a $115M Net Worth
Explore listener stats, chart rankings, contacts and more on the Moneywise podcast page.