How I failed: “We were so convinced that we were among the few that would make it to IPO”, with multi-exit entrepreneur Touraj Parang
Touraj Parang today has multiple exits under his belt, has sat on both sides of the deal table - and has written a book literally called "Exit Path: How to Win the Startup End Game". But the reason he’s become such an authority on exits is what we’re discussing today - his failed startup Jaxtr.
Jaxtr was a way to make phone calls over the internet in the period 2005 - 2009, before stuff like Whatsapp calling was really a thing. They’d done really well according to some metrics - they had 10 million users but then their world collapsed.
Find out what happened and what Touraj learnt from it.
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