Sonny Vu, founder of Misfit: $260 million sale to Fossil

Startup Exits

English - May 16, 2019 20:00 - 33 minutes - 30.4 MB - ★★★★★ - 12 ratings
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Previous Episode: Tim Jenkins, founder of SendGrid: $3 billion sale to Twilio

Next Episode: Sean Byrnes, founder of Flurry: $250 million sale to Yahoo

Sonny Vu is a serial entrepreneur turned investor and advisor. Along with cofounders John Sculley (former Apple CEO), Sridhar Iyengar and Christy Trang Le, Sonny started, ran and sold Misfit – one of the most iconic wearable brands on the planet.

On this episode of the Startup Exits Podcast, we chat with Sonny about:

• How to come up with the right ideas and analyze the market and competition.

• Sonny's experience with Noam Chomsky, John Sculley, Vinod Khosla and Bill Gates.

• How Apple influenced Misfit.

• What makes the right founding team?

• Learning how to sell is the key to success.

• How to partner with large brands as a small startup.

• Remote teams for startups.

• How Fossil acquired Misfit.

• Reasons why companies may want to buy your startup.

• Transitioning from a startup to a large corporation.

• Future of wearables, AR/VR and battery tech.

Sonny now invests in startups with planet-level impact via Alabaster.

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