2024-03-21 19:05:53
“It was certainly the most intense and exciting year of my career, but also the most strenuous. It was extremely frustrating at times. It was like an MBA that you do in three months with a lot of night shifts.”
Arnim Wahls is co-founder of the recruiting platform Firstbird, which was acquired by the US HR company Radancy in 2022. In the fifth episode of our interview series “Life after the Exit,” Wahls talks about the decision and process of the exit, the emotional and operational challenges associated with it, and his life after the sale.
The talk is about these topics:
Final decision and exit process:
- Wahls explains why Firstbird “resisted the exit for a relatively long time” and how the decision to sell finally came about.
- Wahls talks about how the negotiations with the buying US company went and what legal and bureaucratic hurdles he had to jump over.
Integration and customization after sale:
- How did the integration and adaptation to the US company Radancy work?
- What differences does Wahls perceive in the way of working between Austria and the USA.
Employee participation and financial aspects:
- Wahls talks about options for employee participation and the legal hurdles in the exit process.
- Wahls also provides insights into his investment activities after the exit.
Personal reflection and future plans:
- Wahls explains why there was no break after the exit and how his work at Radancy continued operationally.
- Despite the takeover, his entrepreneurial spirit remained intact, with an openness to future start-ups or new projects.
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