Wavve has been acquired by Calm Capital (https://calmcapital.com).
Towards the end of last year, we started to realize that the skills needed to take a company from zero to one compared to the skills needed to take it from a one to a ten are not the same. We love creating. But that’s not what Wavve needs right now. It needs seasoned business operators.
When you’re a founder and you’re running a growing, bootstrapped SaaS company, you can feel a lot of risk when your company equity is the majority of your net worth. A lot of bootstrapped founders don’t talk about this much. But as we started families and got older, we all wanted to take some risk off the table.
After examining the situation from different angles (and knowing that we weren’t interested in a sabbatical), we knew that selling the business was the most attractive path. But deciding that we were ready to sell led us to a whole new set of challenges.
Check out this blog post that details out why we sold, how we did it, and why we went with Calm Capital: https://churnkey.co/blog/wavve-has-been-acquired-by-calm-capital