Latest / The Startup Exit Podcast with Fexingo: IPOs, Acquisitions, and Founder Liquidity Events
How the Uber-Delivery Hero Deal Reshapes Exit Strategy
Uber's $14.8B acquisition of Delivery Hero is the biggest platform M&A this year, but for founders watching from the sidelines, the real lesson is in the deal structure. Lucas and Luna unpack how Uber used a stock-and-cash mix to close valuation gaps, why Delivery Hero's founders took rollover equity instead of cashing out, and what that means for any founder negotiating a liquidity event in 2026. They ground the discussion in today's market, where big tech stocks like Apple and Microsoft have rallied sharply, while growth names like Tesla and ARK Innovation have pulled back…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.