Founder MindsetEmerging Pattern
Corporate spinoffs can threaten company survival
Spinning off internal projects is extremely difficult and requires extensive planning and negotiation. It can threaten company survival.
When to use
When considering spinning off internal tools; when negotiating spinoffs
Don't do this
Underestimating complexity of corporate spinoffs
1 Founder Who Did This
1
Fiberyby Michael Dubakov
Spent 2+ years negotiating Fibery spinoff from Targetprocess. Separation was not complete until February 2022, nearly 5 years after starting Fibery
Result:Successfully separated, Targetprocess acquired by Apptio in 2021, Fibery gained clean cap table and full independence
Read full story →