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Chapter 25: Year 3—A Change in Management


Opening Quote  

I "enjoyed" a very Catholic eduction. Even today, I know several Bible verses by heart. One of those verses is "Where there is no vision, the people perish." What the Bible says about people is also true about companies. A company without a vision is a company that probably won't last long.


For a long time, I kept track of all my travels using TripIt and I used Openflights to visualize my flights on a map.
Below you can see my flight history from 2013 to 2019.
All my flights between 2013 and 2019 on one map

My Favorite Place

These are some pictures taken during one of my daily walks in December 2017. I can really recharge my batteries in this place.
My favorite place on earth My favorite place on earth My favorite place on earth
© 2017, personal collection Lowagie-Willaert

iText Team Building Week 2018

These are all the iText staff members in February 2018.
iText staff in 2018 iText staff in 2018
© 2018, Ine Dehandschutter

This is a video compilation with pictures taken during this week.

Valuation History

In 2018, one of the other shareholders exercized a call option resulting in me selling a fifth of my remaining shares.
Valuation History iText: 2018

Book Quotes  

  • The company was growing fast, which meant that there were many opportunities for promotion. While that sounds like a positive situation, it can also create unhealthy competition.
  • I explained that I wanted to continue doing what I liked best: further promote iText, write tutorials, speak at events, and so on. I also applied for chairman of the board so that I could guard the core values of the company going forward.

Soundtrack for this Chapter  

I listen to music, but my taste in music is questionable. I've selected a handful of songs for every chapters. Sometimes, there's a link to the chapter, sometimes I just like the song.

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