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26 September 2025

From a $60 Million Exit to Depression and Back: Learnings from the Hardest Times - with Xaver Lehmann, The Honest Founder

This episode is currently only available in German. The article below is an English write-up.

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About this episode

Success can be a double-edged sword. Xaver Lehmann, founder of The Honest Founder, is living proof of this. After five years of intense work, he sold his AI startup for $60 million – only to fall into a deep emotional pit afterward. His story reveals the dark side of success and offers valuable learnings for other founders.

The Exit: When Dreams Turn into Nightmares

For five years, Xaver had given everything for his AI startup. The $60 million exit seemed like the ultimate dream achievement – but reality looked different. What appeared to be the pinnacle of his career became the beginning of his hardest times.

Why doesn't money make you happy? Xaver explains the psychological consequences that an exit can bring. After years of constant challenges and adrenaline, sudden emptiness follows. The purpose that had defined life for years vanished in an instant.

Through Depression: Time as the Most Important Healing Factor

The time after the exit was marked by depression and two burnouts. Xaver shares brutally honestly how he got through this phase. It becomes clear: time is the most important factor in healing. There's no shortcut through this difficult phase – it must be lived through.

Family and friends played a crucial role. The social network that is often neglected during intense startup years becomes a lifeline in times of crisis. Xaver shows how important it is to nurture these relationships and accept help.

The path back to life wasn't a linear process. It required time, patience, and the willingness to seek professional help. For Xaver, it was important to understand that it's okay not to be okay – especially in a founder scene that often only celebrates success stories.

The Restart: From B2B to Content Creation

Out of his most difficult time emerged The Honest Founder. Xaver switched from B2B solutions to content creation and found his new calling. The experiences from his own crisis became the foundation for a mission: helping other founders avoid similar situations or deal with them better.

Building a community became central to his restart. Through honest, authentic content, Xaver managed to build a community of founders who can exchange experiences about the challenges of entrepreneurship.

Content Creation: Finding the Right Strategy

In content creation, Xaver relies on a well-thought-out tool stack strategy. LinkedIn and newsletters form the pillars of his reach-building strategy. It's not about quick wins, but about sustainably building an authentic community.

Finding the right tools was a learning process. Xaver shares his experiences about which platforms and tools are particularly suitable for content creators and how to systematically build reach.

Fundraising: Avoiding Common Mistakes

From his experience as a successful founder, Xaver gives valuable fundraising tips. The most common mistakes arise from inadequate preparation and unrealistic expectations. Proper preparation is crucial – from organizing data to crafting the story that convinces investors.

Convincing investors is more than just presenting numbers. It's about selling a vision and building trust. Xaver explains what really matters and how founders can prepare optimally.

Learnings for Other Founders

Xaver's story is an important reminder that success has many faces. An exit isn't the end of the journey, but often the beginning of a new phase – one that brings its own challenges.

The key learnings from his experience:

  • Mental health is just as important as business success
  • A strong social network is indispensable
  • Seeking professional help is a sign of strength, not weakness
  • Time is the most important healing factor
  • Authenticity and honesty create genuine connections

With The Honest Founder, Xaver has turned his most difficult time into a new mission. His story shows: it's possible to climb out of the deepest valleys and come back stronger.

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