The decisions that destroy companies
are usually rational.

That’s what makes
them hard to see coming.

The calls that looked right at the time — and what they actually did to value.

Three Exits is a weekly case study in real company decisions.

Pricing. Hiring. Strategy. Debt.

Written by a CEO with three exits.

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When the Story Became the Strategy

How Northvolt turned a fixable factory ramp problem into a $9 billion capital destruction event and why the board approved every step.

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Marmite Was Not Sold Because It Failed

Unilever’s board sold a business generating 22.6% margins because Nelson Peltz’s framework made the asset non-core .

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    ABOUT

    Built.
    Invested.
    Sold.

    Hi, I’m Matt

    Three exits. One at £150m. Thirteen years in the chair.

    Three Exits breaks down the decisions that moved company value — the ones that looked right, the ones that didn’t, and what actually separated them.

    Written by someone who made the calls. Not someone who studied them.

    We work with a small number of brands aligned to our audience.