Ryan Kulp has completed between 10 and 20 software acquisitions
“Maybe 10 or 12. I think total deals like 20. We've started things that we've then sold. So that was like a deal, but not an acquisition because we were the creator and the seller. And then we've done things where we bought it and resold it. We've bought things…”
Ryan Kulp prefers solo Rails apps over higher-revenue software teams
“I would almost favor an app built in rails run by one person than something that's like making more money and has a team because there's so many I'd say in between the lines pattern matching that you can do when certain parameters line up, at least in our in o…”
Fork Equity avoids high-touch sales to strictly target self-serve SaaS
“So for that reason, for my temperament, we avoid businesses that require high touch sales processes. We only are interested in businesses where people sign up and pretty much figure out how to use the product. On their own.”
Ryan Kulp: The best software acquisition deals are never publicly listed
“You always have to keep your deal flow sources. I would say agnostic. You have to be willing to look under every nook and cranny to find something. And sometimes the best deal is never going to be listed anywhere. It's going to be the right time, the right pla…”
Ryan Kulp's MicroAcquisitions course acts as a proprietary deal flow engine
“We've actually got at any given moment, a few deals in our inbox that are just there. You know, they're direct to us. They're not on marketplaces. They're unlisted. They're private deals just because microacquisitions exists.”
Ryan Culp's Fork Equity Has Completed 10 to 12 Acquisitions
“Maybe 10 or 12. I think total deals like 20. We've started things that we've then sold. So that was like a deal, but not an acquisition because we were the creator and the seller. And then we've done things where we bought it and resold it. We've bought things…”
Fork Equity Avoids High-Touch Sales in Favor of Self-Serve Products
“So for that reason, for my temperament, we avoid businesses that require high touch sales processes. We only are interested in businesses where people sign up and pretty much figure out how to use the product. On their own.”
Culp: Educational Content Yields Unlisted Micro-PE Deal Flow
“We've actually got at any given moment, a few deals in our inbox that are just there. You know, they're direct to us. They're not on marketplaces. They're unlisted. They're private deals just because microacquisitions exists.”
Solo founders need $30k MRR with employees to match $10k solo profit
“Once you're at 15 KMRR and you hire even a couple of part-time developer support, now you're down to like five KMRR take home. And so it's this hedonic treadmill of like, you need to get to 25 or 30 KMRR with employees to make the same amount of money as 10 KM…”
Fork Equity scales $10k MRR acquisitions using a shared services team
“With us, because we can get some economies of scale, having a shared team, a centralized team of developers, marketers, and so on, it's like not a big deal to tag on a business at 10 KMRR. We can inject three K worth of development and support and design and e…”
Fork Equity generates roughly $1.6M per year in portfolio top-line revenue
“That's right. Around one point, yeah, around 1.6 a year.”
Fork Equity's course generates $7k to $8k monthly with near-zero effort
“Now this course has become its own portfolio project that makes seven, eight K a month. And we don't do anything, you know, like someone says, can you give me the spreadsheet template? That's our support. There's no bugs. There's no sales.”
FOMO.com was acquired for $105,000 using 10% debt from private connections
“We actually used debt to buy the FOMO.com domain. So we had the cash in the bank at the time, but I wanted to hire some new employees. I hired a marketer, hired a sales, this debt person, and I didn't want to blow it all on this.com. That was definitely just f…”