Episode 118

Exiting to Vistaprint for $117.5M with Touraj Parang

This week on The Exit: Touraj wrote the book on successfully exiting a business. Quickly realizing his passion for creating products, after working at a VC firm which he describes as an on-the-job MBA, Touraj left to start his entrepreneur journey. Starting and selling multiple businesses, Touraj has experienced it all, from fire sale to successful exits, including selling Webs to Vistaprint for $117.5M. Listen to learn from Touraj’s challenges and successes. 


 Touraj is a strategic and entrepreneurial leader with a passion for bringing innovative and delightful products and services to the masses. He currently is the President and COO of Serve Robotics. Serve Robotics is shaping the future of sustainable, self-driving delivery. Serve designs, develops and operates zero-emission robots that serve people in public spaces, starting with food delivery.


LinkedIn – https://www.linkedin.com/in/tparang/

Website – https://www.serverobotics.com/

Twitter @Touraj – https://twitter.com/touraj

His Book – https://www.exitpath.net/

 

The Exit—Presented By Flippa: A 30-minute podcast featuring expert entrepreneurs who have been there and done it. The Exit talks to operators who have bought and sold a business. You’ll learn how they did it, why they did it, and get exposure to the world of exits, a world occupied by a small few, but accessible to many. To listen to the podcast or get daily listing updates, click on flippa.com/the-exit-podcast/

YOUR HOST

Steve McGarry

An entrepreneur, content creator, and investor based in sunny Tampa, Florida. In 2015, while living in San Francisco, Steve sold his first fintech startup LendLayer to Max Levchin’s (founder of PayPal) consumer finance company Affirm.