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Co-founder · Traktion · sold to IDX, 2023

The one where the P&L was mine.

A B2B talent marketplace for the technical vetting and matching of marketing technology experts. I co-founded it, bootstrapped it with no outside money, and sold it to IDX, a private equity firm, in 2023. Every unit-economics decision was one I had to live with.

Sold
to IDX in 2023, bootstrapped throughout
−40%
time-to-hire, from the matching and vetting systems I built
100%
organisational continuity through the handover
RoleCo-founder, my own company rather than a client engagement
OwnedThe P&L, and a team of seven
OutcomeConcept to sale to IDX, 2023
(01)

Why this is here

Not as an exit story. As the reason I keep the P&L in view in everything I do now.

Bootstrapped means the numbers were never abstract. There was no runway to absorb a pricing mistake or a segment that quietly lost money. Every decision about what to charge, who to serve and what it cost landed on a P&L I owned.

I built the systems, not just the strategy. The matching and vetting engine the marketplace ran on was something I built. That's still how I work.

Marketplaces punish you for ignoring either side. Supply without demand is a cost; demand without supply is churn. You learn quickly that the whole path is one system.

(02)

What I built and ran

Technical vetting and matching. The systems that decided who was good enough to be on the platform and who they were put in front of. These cut time-to-hire by 40%.

The P&L. Pricing, take rate, cost to serve, and which business was worth having.

A team of seven. Small enough that everyone's work was visible, large enough that the way it ran had to be deliberate.

The sale. Sold to IDX, a private equity firm, in 2023. I led the handover with 100% organisational continuity: no one lost, nothing dropped.

(03)

What it means for my work now

I've been in the founder's seat. Whether to fix pricing or the funnel, whether a segment is worth keeping: I've made those calls with my own money on the line.

I'll tell you when the problem isn't the funnel. Sometimes it's pricing, or cost to serve, or a segment you should stop selling to.

Handover is part of the job. The sale went through with full continuity because it was documented to survive the founder leaving. My work ends the same way.

Traktion was a company I co-founded, not a client engagement.
Book a call

Someone who has run one will tell you when it's the P&L, not the funnel.

If something in your numbers doesn't add up, I'm happy to take a look.