Fastdok
product on 1 show · 8 statements across 1 episodes · said 11 times in 1 episodes since 2023
Startup Acquisition Stories 11
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Startup Acquisition Stories 11
2023 11 mentions in 1 episode
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8 statements about Fastdok, every show
Preparation determines if an acquisition takes one hour or five months
“Yeah, that's what put the difference between the acquisition that is done in one hour because an acquisition can take one hour on acquisition and at the same time for the same assets, the same things it might take one month or three months or five months just …”
Fastdok completed its technical and financial due diligence in a single weekend
“Mainly for the due diligence, we, like, I may say, might say that we have done it in, in like a week, a weekend two days, it's Saturday, Sunday, it's done.”
Fastdok's buyer had already acquired 11 other startups on Acquire.com
“And mainly it's mentioned in, in acquired that he already acquired through acquire like a 11, 11, 11 startup.”
Fastdok received four to five signed NDAs daily from prospective buyers
“Every day we have like four or five buyers who were signing the NDA to access the startup to see the listing and the information. And we have one or two talking with them, with us.”
Fastdok received acceptable acquisition offers in its third week on Acquire.com
“I did have like some low offers on, on, on the first two weeks, but later, like I think in the third week, we have the we started getting some good offers and we picked one.”
Acquire.com initially rejected Fastdok's listing due to incomplete data
“Mainly we got rejected the first time. As we, the data we put, like it wasn't complete, it wasn't In the point of view of a buyer, it will not be like a valuable or something that, that, that, that might attract buyers.”
Lifetime deals limited Fastdok's profitability despite its high popularity
“So we are, we were on a scale where we were very, very popular, but not very profitable. So all our revenues were coming from lifetime deeds.”