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What it’s like to sell your tech start-up for $180m

What it’s like to sell your tech start-up for $180m

For Frank Greeff, selling his real estate marketing company to Domain for $180 million was the hardest thing he’s ever done, and after it happened he just went to bed.

Yolanda RedrupRich List co-editor

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It was 4am on a Friday in April 2022 when Frank Greeff got the word that Domain had signed the dotted line marking the sale of his real estate marketing tech start-up Realbase for $180 million.

It was as anticlimactic as Greeff had learnt to expect from the countless experiences of other founders he had read about in the year-long process leading up to the sale.

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Yolanda Redrup
Yolanda RedrupRich List co-editorYolanda Redrup is the co-editor of the AFR Rich List. She previously reported on technology, healthcare and Street Talk. Connect with Yolanda on Twitter. Email Yolanda at yolanda.redrup@afr.com

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Original URL: https://www.afr.com/technology/what-it-s-like-to-sell-your-tech-start-up-for-180m-20240718-p5jupl