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What Founders Need to Know About Gov Tech Exits — ICYMI

Former CityGrows CEO/co-founder Catherine Geanuracos provides a framework for exiting the gov tech landscape and shares what she learned during the life cycle of her startup.

There is ample information available when it comes to entering the gov tech market. In fact, two of the most popular concurrent sessions at our recent State of GovTech event were focused on investment and raising money for startups.

When it comes to "exiting" the market, however, helpful information seems to be a lot harder to come by. And yet there are a variety of different outcomes: acquiring or being acquired, asset purchases, private equity majority or minority investment, IPO, shutting down — each with different hurdles and requirements. As a startup, how does one know which path is right for them, their team, their customers and their investors?

On this episode of ICYMI, Catherine Geanuracos talks candidly about the questions you need to ask, the types of deals one will need to consider, timelines one should anticipate, what diligence looks like and the perspective one must have when their startup reaches its inflection point. Drawing on personal experiences from her gov tech odyssey as CEO and co-founder of CityGrows (launched in 2015 and acquired by ClearGov in 2022), she reveals what no one tells founders about exits.

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“In Case You Missed It” is Government Technology’s weekly news roundup and interview live show featuring e.Republic* Chief Innovation Officer Dustin Haisler and Deputy Chief Innovation Officer Joe Morris as they bring their analysis and insight to the week’s most important stories in state and local government.

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*Note: e.Republic is Government Technology's parent company.

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Dustin Haisler is the Chief Innovation Officer of Government Technology's parent company e.Republic. Previously the finance director and later CIO for Manor, Texas, a small city outside Austin, Haisler quickly built a track record and reputation as an early innovator in civic tech. As Chief Innovation Officer, Haisler has a strategic role to help shape the company’s products, services and future direction. Primarily, he leads e.Republic Labs, a market connector created as an ecosystem to educate, accelerate and ultimately scale technology innovation within the public sector. Read his full bio.
Joseph Morris is the Deputy Chief Innovation Officer of Government Technology's parent company e.Republic and a national keynote speaker on issues, trends and drivers impacting state and local government and education. He has authored publications and reports on funding streams, technology investment areas and public-sector priorities, and has led roundtables, projects and initiatives focused on issues within the public sector. Joe has conducted state and local government research with e.Republic since 2007 and knows the ins and outs of government on all levels. He received his Bachelor of Arts in government and international relations from the California State University, Sacramento.