I See A Milestone, Not Just Another Funding Round
I’m delighted with the deal RedSeal just announced with STG. I’ve worked in several start-ups — from the earliest stage, when the whole company could share a single elevator, all the way through acquisition by huge global corporations. My favorite times are when we’re all actively engaged with customers and the company has a sense of purpose and momentum. This is one of those times.
My feeling that this is a rite of passage – like leaving college – is because we’re moving from the category “VC-backed startup” into “privately-held serious company.” Startups are like children – energetic, exciting, and allowed to get away with things. We expect more of grownups, that they can move forward, create and meet goals. It’s challenging, but it’s also fundamentally empowering, and I’m proud to move on to this next stage.
We’ve also chosen a true partner in STG, and they have chosen us. I may be stretching an analogy, but I’m pleased to say that we’ve dated long enough to learn that we see eye to eye. We agree about the potential for growth and are excited about working together towards a common vision. RedSeal, now with STG’s support, will be able to grow, innovate and deliver digital resilience to more and more customers, while we all continue to enjoy what we do. Each day is better than the last.