Building At Wharton And Selling To Lyft - An Education in M&A | Kenan Saleh

05/09/2023 33 min Episodio 51
Building At Wharton And Selling To Lyft - An Education in M&A | Kenan Saleh

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E51: THIS WEEK'S GUEST - KENAN SALEHIn this episode, Kenan talks about:His decision to sell Halo Cars to Lyft so early in his entrepreneurial journey How mentally and emotionally difficult due diligence is after signing an LOI during M&AHis advice for other founders thinking about the M&A process, and how his experience will influence his next ventureGUEST BIO:In October, 2018 as a student at Wharton (University of Pennsylvania), Kenan Saleh co-founded Halo Cars, a transportation ad network.  After striking a business development deal with Lyft, one of the largest ride sharing platforms in the world at the time, Kenan and his team made the decision to sell Halo Cars to Lyft.Although he was just nine months into launching his business, Kenan decided to use M&A as a way to more quickly achieve his vision for Halo and reduce the competitive threat of the sleeping giant he had just woken up. Today, Kenan is an Advisor, Board Member, Angel Investor, and since transitioning out of Lyft is using his time to work on something new.We hope you enjoy the conversation between Exitwise's Todd Sullivan and Kenan Saleh.WHERE TO FIND KENAN SALEH:LinkedInX (Twitter)EPISODE REFERENCES AND READING MATERIALS:2021 Forbes 30 Under 30Lyft Buys Halo CarsLyft creates media division to cash in on in-car ads (TechCrunch)How To Maximize The Value Of Your Business (Exitwise blog)The Wise Exit is an Exitwise Production. Are you a business owner looking to sell your business faster, for more, and with less complexity? Learn how Exitwise's founder-led team helps you maximize your exit value and simplifies the M&A process: https://exitwise.com/ 

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