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Alex Macdonald co-founded Velocity Black in 2014, grew it to $30M in net revenue by 2022, and got it acquired by Capital One for $297M.
Jul 28, 2023 · Explore how Alex Macdonald sold Velocity Black to Capital One for $297M. Learn how he grew Velocity Black to $30M in revenue on Built to Sell Radio.
Alex Macdonald is the Co-Founder and CEO of sequel - an investment platform on a mission to help athletes build a legacy for their families and the world. He previously Co-Founded Velocity Black, raised more than $40m in funding, and which was successfully exited to US Bank Capital One in 2023.
- Male
- Sequel
“Alex Mcdonald co-founded Velocity Black in 2014 and grew it to $30 million in net revenue. In 2022 they sold the business to Capital One for a reported $297 million,” shares Sam Thompson a Minneapolis business broker and the president of M&A firm Transitions In Business.
Jul 31, 2023 · 31 Jul Built to Sell Radio: How Alex Macdonald Sold Velocity Black to Capital One for a Reported $297 Million. In 2014, Alex Macdonald co-founded Velocity Black, a global digital concierge service for affluent clients.
Apr 24, 2019 · Velocity Black’s co-founder and CEO, Zia Yusuf, was on a high-flying career path with Goldman Sachs before ditching the world of finance to launch the concierge app in 2014 with his business partner, Alex MacDonald.
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Jun 1, 2024 · As the Chief Financial Officer of Enthusiast Gaming, the total compensation of Mr Macdonald at Enthusiast Gaming is CAD$275,417. There are 3 executives at Enthusiast Gaming getting paid more, with Adrian Taylor Montgomery having the highest compensation of $460,417.
