Founder Interview Video
How Brightpearl Grew from $8M to $30M ARR Before a $360M Acquisition by Sage (Interview with CEO Derek O'Carroll)
Chapters
- 0:00Introduction and Derek's Brightpearl Journey
- 0:32State of the Business When Derek Joined in 2016
- 0:56Revenue Trajectory: 2019 to 2021
- 1:31Inventory Planner Acquisition Details
- 2:23Acquisition Multiple and Deal Structure
- 6:41Early Fundraising and the Down Round
- 7:51The $15M Round in 2018 and Scipio and Verdane
- 8:47The $30M Round and Sage as Strategic Investor
- 9:14Valuation at the $30M Round
- 10:20Employee and Founder Ownership
- 11:13How the Sage Acquisition Came About
- 13:23Why Sage Acquired Brightpearl
- 14:11Final Enterprise Value and Sage's Stake
- 16:40What Derek Is Doing Now Inside Sage
- 17:57Rapid Fire: Books, Sleep, and Lessons Learned