How to stay competitive when Elon Musk and Peter Thiel are gunning for you – with Matt Gillin

Matt Gillin, Relay Network, B2B, Sell Your Business

Matt Gillin, the guy you’re about to meet, started a business and very quickly had two big competitors—people who you already know. Elon Musk and Peter Thiel.

And both of those guys came gunning for him.

The way he dealt with that onslaught and the way he created his company allowed him to build something that he eventually sold for $220M in 2008.

The company he founded was Ecount, which provided pre-paid programs for corporations looking for a simple solution to deliver payments and he is currently the CEO of Relay Network.

Matt Gillin

Relay Network

Matt Gillin is the founder of Ecount, which provided pre-paid programs for corporations looking for a simple solution to deliver payments and is currently the CEO of Relay Network.

Andrew: Hey, everyone. My name is Andrew Warner. I’m the founder of Mixergy.com. It’s the home of the ambitious upstart and the place where I interview entrepreneurs about how they built their businesses. I do these interviews for an audience of entrepreneurs who are learning from my guests, who are building their companies, and very often as you’ve noticed lately, coming back here and talking about how they built their businesses too.

Well, Matt Gillin, the guy who you’re about to meet here today, started a business and very quickly had two big competitors, people who you already know. Elon Musk started looking at his site, and Peter Thiel, from a different direction, and both of those guys came gunning for him. The way he dealt with that onslaught and the way he created his company allowed him to build something that he eventually sold for $220 million to Citigroup in 2008.

The company he founded was Ecount, which provided prepaid...

Continue reading the transcript...