This week on Executive Stories we chat with Stuart Clout, the CEO of thedocyard, an online deal M&A management system. Stuart is a former lawyer turned tech entrepreneur who set about forming thedocyard when he couldn’t find a solution in the market place to run his M&A deals better. M&A deals tend to be weighed down by Word checklists buried in reams of emails resulting in all the deal stakeholders (buyer, seller, investor, lawyers, bankers, accountants and bankers) having little visibility of who is up to where in the deal.
His transition from law into business means that he has personally experienced the different mindset required to run a SaaS company compared to a traditional law firm where he cut his teeth and formed his bad habits (I can say this as it takes one to know one!). Stuart has deferred the dream of sitting on the beach at Peregian and gone all in to turbo charge thedocyard by moving his family to Sydney (where we caught up). After all that’s the epicenter of where his target clients are.
We chat about the problem, the tech solution, sales techniques and experimenting with different pricing models as Stuart finds thedocyard’s niche and fine tunes it into a future global company.
Being an M&A lawyer myself I have taken up thedocyard to run my deals and can personally recommend it!