Ep 224 Inside Shutterstock's $65 Million Acquisition of FlashStock

Built to Sell Radio

EpisodeFeb 21, 20201h 11m

Ep 224 Inside Shutterstock's $65 Million Acquisition of FlashStock

Built to Sell Radio

EpisodeFeb 21, 20201h 11m

Grant Munro started FlashStock in 2013 to help big companies produce content (photos, videos) for advertising campaigns. In 2015, Instagram exploded, and online marketers became desperate for more content, which helped fuel Munro's business from a handful of employees in 2014 to more than 100 in 2017. That's about when Munro agreed to sell FlashStock to Shutterstock for $65 million.

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Built to Sell Radio is a weekly podcast for business owners interested in selling a business. Each week, we ask an entrepreneur who has recently sold a business why they decided to sell their business, what they did right and what mistakes they made through the process of exiting their business. Built to Sell Radio is the ultimate insider's guide to approaching the most important financial transaction of your life.

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