Serial entrepreneur Phil Libin shares the unusual story of how his first company, Engine5, came to be sold. After being forced to improve a product from a third-party company, and subsequently writing to complain about their experience, the third-party company ended up acquiring Engine5 three weeks later.

Video clips from: No Exit Strategy for Your Life’s Work [Entire Talk]

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Making Bets and Getting Lucky

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Reflections on Combining Companies

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Decoupling Exits from Liquidity

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We Live in a Geek Meritocracy

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Reasons Not to be an Entrepreneur

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There is No Exit Strategy

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Acquisition After Honest Feedback

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Surround Yourself with Smarter People

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