Joseph Fung was a founder and CEO of TribeHR, a human resources software company in Kitchener, which was acquired by NetSuite in October 2013. From the launch of TribeHR, with seven founders, to acquisition took only 2 ½ years. The experience was a good one for TribeHR, said Fung, now vice-president of Netsuite’s human capital management products.
“We were really, really fortunate,” he said.
Everyone at TribeHR had a nice windfall, but now the business is part of a publicly-traded company and decisions must be vetted by the legal, IT and security departments, Fung said.
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