Cristian Badea (Avangate)- From a Committed Developer to Co-founder
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The document outlines the career journey of Cristian Badea from a software developer to co-founder of multiple companies. It details his experience starting as a developer in 1999 and helping found ePayment in 2004 which was later acquired in 2010. He then co-founded Avangate in 2005 which was acquired by Francisco Partners in 2013. The rest of the document provides lessons he has learned over his career in starting and growing companies.
Cristian Badea (Avangate)- From a Committed Developer to Co-founder
- 1. From a commi)ed developer to a co-‐founder @cris6anbadea @avangate
- 2. 2 1999 – so(ware developer at RAV An6virus 2003 – full buyout by Microso(
- 3. 3 2004 – co-‐founder at ePayment 2010 – exit to Naspers
- 4. 4 2005 – co-‐founder at Avangate 2013 – exit to Francisco Partners 2011 – investment from 3TS Capital
- 5. 5 What have I learned?
- 6. 6 Awesome first years
- 7. 7 Things get built really fast
- 8. 8 It takes a village
- 9. 9 U6lity players succeed
- 10. 10 Shed your ego; learn modesty
- 11. 11 It takes product thinking, not project thinking
- 12. 12 Business thinking above technical
- 13. 13 You are not as important as your product
- 14. 14 Growing: Some6mes things seem like chaos
- 15. 15 Partner your customers, don’t just sell them
- 16. 16 Don’t get comfy in your job
- 17. 17 Spli_ng a company is painful
- 18. 18 You won’t be a startup forever
- 19. 19 Your ethics might not be other’s ethics
- 20. 20 Never join a startup thinking you’ll be rich
- 21. 21 Don't expect to re6re when you're done
- 22. 22 Cherish company DNA and culture
- 23. 23 Be proud of what you've done!
- 24. Avangate Redwood Shores, California -‐ USA Amsterdam -‐ Netherlands Bucharest – Romania Atlanta, Georgia -‐ USA Tel: (650) 249 – 5280 / +31 20 890 8080 info@avangate.com www.avangate.com Thank you!