Since the acquisition was a 100% stock transaction (and the acquirer is still a private company), this is more of a "let's join forces" type deal than an exit arrangement.
Congrats! From the end of the article:<p>> <i>I’d like to try doing nothing for a while</i> -justin kan<p>LMAO imagining that in justin's voice.
On Freund is doing a great job heading up the engineering team at Handybook as well. Really excited for those guys and their contribution to New York tech
Justin, congratulation on the company sale!<p>If you have a minute, I'd love for you to read this:<p><a href="https://www.facebook.com/notes/bowei-gai/one-year-ago/10152522803170884" rel="nofollow">https://www.facebook.com/notes/bowei-gai/one-year-ago/101525...</a><p>I know you can create more amazing companies in the valley, everyone knows that. But what I'd love to suggest is for you to take these next few months to check out what else is out there in the world.<p>The market opportunity won't be as big, but your experience and unbelievable drive for success (that's what I remember the most about you) can potentially make a much bigger impact in the world outside of Silicon Valley.<p>Here is my open invitation for you to visit Philippines, or anywhere else in 29 countries I've traveled to this past year. I promise we can mobilize the World Startup Report ambassadors network in every continent to make your trip a successful one. These folks will gladly host and take care of you, anytime, anywhere.<p>Please give this some thoughts... the world could use another superhero.<p>Bowei@worldstartupreport.com
>> Mr. Kan [...] said he planned to take a few months off after the sale.<p>Is it normal / common for founders to sell their company but not join the new parent company themselves?
Confusing headline if you don't know "Exec" is the name of a business. And how can anyone keep track of all the names of businesses around here.