You stayed on at tastytrade for five years after selling it. What is your reaction to founders who walk away immediately after an exit?
Co-founder & CEO at Lossdog
When founders say they do not care what happens to their company after an exit, that is complete nonsense. Your business represents your personal legacy. I stayed at tastytrade for five years because I wanted the firm to be an enduring winner for IG Group, just as thinkorswim became a multi-billion-dollar cornerstone for TD Ameritrade and Charles Schwab. If someone pays you hundreds of millions of dollars for an asset, you owe it to your buyers, your employees, and your reputation to ensure that enterprise continues to thrive.
This answer is part of a full interview with Tom Sosnoff, Co-founder & CEO at Lossdog.
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