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Ep 506 Exit Story: $50 Million Was His Number—Here’s How Josh Payne Got There

Author
John Warrillow
Published
Fri 08 Aug 2025
Episode Link
https://builttosell.libsyn.com/ep-506-exit-story-50-million-was-his-numberheres-how-josh-payne-got-there

Unlike most tech founders, Josh Payne never dreamed of a billion-dollar valuation. 

His goal was simpler—and harder. He wanted his equity stake to be worth $50 million. 

To get there, he skipped the usual playbook. No blitzscaling. No VC treadmill. He raised a small seed round, built a profitable company, and avoided dilution. By the time he sold StackCommerce, Payne still owned 75%—and hit his number. 

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