David Hauser

David Hauser sold Grasshopper for ~$170M owning nearly all of it

Sam recounts how David Hauser bootstrapped Grasshopper to $30M in sales and sold it for $150-200M, keeping ~95% of equity (the rest given to a dad who loaned them $10-20K), then moved to Nevada pre-deal to save on taxes.

“Scaled it to, I think, $30 million in sales, sold it for $150 or $200, something like that. Him and his partner owned it all other than 5% that they'd given a father, one of their dads, for like loaning them money with like $10,000 or $20,000 when they first started. Very savvy, very frugal. Moved to Nevada before the deal happened, saved a bunch of money in taxes, and now is starting new projects, one of them being SuperFat Keto Peanut Butter, I think.”

Steal thisBootstrap to keep your cap table clean, then establish residency in a no-income-tax state before you sign an exit.