How does such an exit actually work? A founder tells us

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Malte Scholz's startup Airfocus was acquired by Lucid Software. What lessons he learned from the exit and what founders should pay attention to early on. — Malte Scholz’s startup Airfocus was acquired by Lucid Software. What lessons he learned from the exit and what founders should pay attention to early on.

Exit is often the big goal for startup founders. For Malte Scholz, founder of Airfocus, he wasn’t. Nevertheless, taking over his startup eventually became the logical consequence – to take the product to the next level, he says today.

Malte Scholz has gone through the process of an exit himself and knows what steps founders should take early on in order to become interesting to potential buyers.

What is behind Airfocus

Airfocus was founded in Hamburg in 2017 by Malte Scholz, Christian Hoffmeister and Valentin Firak. The SaaS startup initially started bootstrapped, and was later joined by investors and venture capital firms from Europe, such as Picea Capital.

The idea behind Airfocus came from a personal problem. Malte Scholz worked as a product manager himself and looked for suitable tools – without success. After intensive research, the feeling remained: none of the solutions such as PowerPoint, Jira and Co. really fit.