Knowing When to Sell to Grow with Brady Nolan, Fintech Founder who Raised $16M
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Brady shares his experience pursuing venture scale and realizing the best way was to get acquired by a larger company
In this episode, Brady Nolan, co-founder of Till, takes us through his journey from real estate to a fintech, transforming rent payments, leading to Till's impressive acquisition by Best Egg after raising $16 million.
We talked about the early challenges of aligning Till—a startup that innovated how rent is managed with flexible payments—to meet market needs effectively and the tactics they used to secure early-stage funding. Brady shares how Till, which started as a simple idea to help renters manage cash flow, grew into a significant player in the FinTech space.
He also shares the acquisition process, highlighting the crucial role of strong investor relationships and the integration hurdles they faced post-acquisition, providing invaluable insights for startups navigating the financial landscape. Here's what you're in for:
- 00:32 Brady's property development background and Till's founding
- 03:19 Till's progression from idea to tackling real issues through rent payment solutions
- 07:33 Till's early fundraising efforts and deployment of capital
- 13:14 The explosive demand for Till’s services during the pandemic
- 15:04 The acquisition of Till by Best Egg
- 27:00 Cutting partnerships and focusing on new growth avenues
- 32:47 Integration and impact on the team/product post-acquisition
- 33:13 Mistakes and Lessons Learned
- 38:51 Advice for founders
ABOUT BRADY NOLAN
Brady Nolan, a seasoned real estate investor, and innovative entrepreneur, co-founded Till to transform the rent payment experience for middle-class Americans. With a focus on aligning rent payments with renters' cash flows, Brady has led Till to significant growth, culminating in a strategic acquisition by Best Egg.
His career spans over 15 years in real estate, where he developed and invested in large multi-unit apartment communities across the U.S. Prior to founding Till, Brady worked on the institutional side of the market, managing big real estate projects and working with major property management companies.
Connect with Brady Nolan on:
Linkedin: linkedin.com/in/brady-nolan/
Website: https://www.bestegg.com/
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