Want to build a startup that gets acquired? This founder shares 5 proven tips
Summary
Jem Walters, co-founder of money-saving app Snoop (acquired by Vanquis in 2023), shares five practical tips for building a startup that can scale and attract acquirers. He advises pausing to validate ideas, partnering with specialist agencies early while planning to internalize talent, and building the product iteratively with short-term goals. Walters stresses shipping working software quickly but maintaining enterprise-grade quality and bank-level security to appeal to larger buyers. He also counsels founders to be realistic about exits and focus on outcomes that preserve the product, customers, and jobs.
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