42-year-old sold his company for $1.3 billion: ‘One of the traits of highly successful people is really never being satisfied'for $1.275 billion, a culmination of seven years of hard work building and perfecting his software platform. Pulling off a billion-dollar exit can be life-changing, but Wells was soon back at work and thinking about what comes next, he says.If anything, the sale made Wells think about"just how relative success is," he tells CNBC Make It.
"Somehow, we have the ability no matter what level of success you achieve, you're always looking at the next thing that you can do," says Wells.As a teenager growing up in Miami, Wells dreamed of a career in the film industry. He skipped college and, at age 19, moved to New York to bartend while honing his filmmaking skills, with an eye on picking up freelance gigs as a video editor.paved the way for Wells to open a boutique video post-production business called Katabatic Digital.
Their first real project together, a software platform for people to collaboratively give feedback on videos throughout the post-production process, was supposed to be a"smaller idea" for learning how to build and sell an app, says Wells. Afterwards, they'd"swing for the fences and do something really huge."in funding before selling to Adobe for an eye-popping figure.
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