Andy Tryba
person on 1 show · 7 statements across 1 episodes
On the record as a speaker too: Andy Tryba across every show, appearances and statements → this page counts the times other people say the name.
7 statements about Andy Tryba, every show
Think3 wins deals by paying cash and closing in 30 days
“And that's one of the, we win a lot of deals because we are all cash and then we close in 30 days, right? I mean, it's a fast cycle. You know, we don't do you know, we don't throw a lot of these guys through these crazy processes and what have you that takes t…”
Tryba stack-ranks priorities and has an assistant enforce exact weekly hours
“I then just stack rank my priority for the quarter, and then I then stack rank my priority for the month, and then I apply percentages of the week that I basically would apply to each one of them, and then I calculate that times the number of hours, and then m…”
Tryba: Think3 buys software companies to run for 10-20 years, not flip
“When we buy these companies, we're not buying it to shine it up, throw some debt on it, and try to go find a buyer. We're buying companies that we feel that we can run for the next decade or two”
Tryba: Think3 does not require target companies to be growing or profitable
“Now, it doesn't actually have to be growing at some percentage and also doesn't really have to be profitable, because what we really do is we take that team and we use kind of our horizontal core You know competencies to have a shared engineering or share fina…”
Tryba: Think3 targets SaaS companies with $3M+ ARR and 80%+ retention
“We look for definitely ARR you know, north of, You know, three million, ideally in the five to ten million. And then we also look for a gross retention of at least 80%, and what that simply tells us is you have something that's sticky, right?”
Tryba: Founders have 15 years before lifestyle and family catch up
“Cause you really only have 15 years or so to be a founder. Cause at some point, you know, you're sick of eating ramen noodles and you got kids and all that other good jazz that catches up.”