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Ep 483 Exit Story: Frank Shultz on Escaping the 50/50 Trap and Buying Out a Partner

Author
John Warrillow
Published
Fri 28 Feb 2025
Episode Link
https://builttosell.libsyn.com/ep-483-exit-story-frank-shultz-on-escaping-the-5050-trap-and-buying-out-a-partner

When Frank Shultz co-founded Infinite Blue, he and his partner split ownership 50/50. The business thrived, but their working relationship soured. Frank wanted to buy out his co-founder, but with a valuation in the eight figures, he faced a daunting question: where would he get the cash? 

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