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The Exit Whisperer
Carrie Kerpen
65 episodes
2 weeks ago
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Entrepreneurship
Business
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Entrepreneurship
Business
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#56 - Elle Hempen (The Atlas)
The Exit Whisperer
37 minutes
1 month ago
#56 - Elle Hempen (The Atlas)
What do you do when you raise venture money… and then realize it’s not the right path? For Elle Hempen, co-founder of The Atlas, the answer was bold: sell just one year later.   In this episode, we talk about how a Google spreadsheet turned into a tech company, why she decided to skip the long VC grind, and how she negotiated an exit during the chaos of COVID. From pitching at Y Combinator while 8 months pregnant to getting a cold email from the exact company she dreamed of selling to, Elle’s story is packed with twists, hard choices, and the kind of honesty you rarely hear in startup land. 00:00 – Intro 02:48 – How a Google Spreadsheet Turned Into a Startup Platform 06:59 – “We Don’t Want to Sell to Cities” (and the Business Model Dilemma) 13:39 – Pregnant at Y Combinator & Pitching Through COVID Chaos 19:16 – The Cold Email That Changed Everything: Enter GovExec 20:18 – Investors Push Back: “You’re Selling Too Early” 21:56 – How Do You Value a Startup With No EBITDA? 25:11 – One of Only 4 Female-Founded Companies to Sell That Year 26:55 – From Founder to Operator: What Life After Acquisition Really Feels Like 29:58 – Walking Away After 5 Years: Why Elle Said ‘I’m Not in the Strategy Anymore’
The Exit Whisperer