I think that the people who are most successful, are usually people who are able to combine two domains. Quite often, one of these domains is Computer Science or programming - and the other one could be law, could be biology, and so on.
If, as a company, you depend on open source software, you want someone who is dedicated to that open source, and who will be able to fix your problem. It's very hard to do that if you [the open source developer] combine [supporting your software] with your day job.
When we looked at our own situation - my wife and I - we saw that we had always gone for control decisions,
in the sense that my wife and I were the only founders, only owners: We didn't accept external capital.
When we hired people, we were still the only people who were allowed to sign documents, for instance.
We didn't delegate that power to other people. We noticed that our choice for control decisions had the consequence that,
we had to work more than if we would be able to delegate. What was even worse, by going for control decisions
—and that's explained very well in Noam Wasserman's book—
by going for control decisions, we were limiting the growth potential of our company.
After reading that book, we said, "What can we do to go from controlled decisions to wealth decisions?"
When you sell your company, you have an agreement that the buyer will buy your company.
But before everything is signed and closed, they do a due diligence.
They look at your annual accounts and they check everything.
They check everything. We knew that the first time that we did the M&A project,
we wouldn't survive due diligence. We used the three years - 2014, 2015, 2016.
We said, "We are going to use these three years to do a due diligence on our own company that once we sell,
the due diligence will be a no-brainer, that we won't have any worries."
The goal of the book was: "Suppose that I just graduated from college and I wanted to be an entrepreneur
- a technical entrepreneur. What would be a good book to read?" That's the book that I wanted to write.