Welcome to the Startup CEO Show, where we delve into the strategies and insights of successful entrepreneurs. In this episode, our host Mark McLeod sits down with Ben Jabbawy, the mastermind behind Privy's remarkable journey to a $120 million exit.
Ben Jabbawy is the co-founder and former CEO of Privy, a marketing automation platform that scaled phenomenally within the Shopify ecosystem. Starting from his parents' house, Ben grew Privy to 80 employees and $10 million in ARR, culminating in a $120 million exit in 2021. His insightful approach to market timing, distribution strategies, and capital efficiency has set a benchmark in the SaaS industry. Ben is now an active investor, sharing his wealth of experience with emerging entrepreneurs.
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Since 1999, I have sat at the right-hand side of the leaders of high growth technology companies as either a CFO, VC or deal maker. I served as CFO for software companies including Shopify (NYSE: SHOP) and Freshbooks. As a CFO I experienced outright failures, wildly profitable exits, and everything in between.
I was a General Partner in Real Ventures, Canada's largest and most active seed stage fund. My investments there include the fund's largest cash on cash and highest IRR returns to date. Most recently, I founded SurePath Capital Partners the leading investment bank for SMB SaaS companies where we did hundreds of millions in financing and exit transactions.
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