GrowthBar
product on 1 show · 9 statements across 1 episodes · said 19 times in 1 episodes since 2023
Startup Acquisition Stories 19
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Startup Acquisition Stories 19
2023 19 mentions in 1 episode
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9 statements about GrowthBar, every show
Gazdecki: GrowthBar may hold Acquire.com records for deal size and closing speed
“I think you may have set a record with the size of the acquisition and then also the time in which it closed.”
Spera: GrowthBar received two acquisition offers within 72 hours of listing
“And truly got two offers basically before 72 hours were up, something like that. Got another offline offer from a firm who was sitting on the sidelines and had, had approached us, I don't know, six months before, and I had told them, hey guys, we're gonna list…”
Spera: Fifty buyers signed NDAs for GrowthBar within 48 hours on Acquire.com
“And we had like 50 people sign a NDA to get into the data room. So it was like, it was a swell of people in the first 48 hours.”
Spera: GrowthBar rejected a seven-figure acquisition offer due to significant earnouts
“We got one that was a seven figure offer, but it came with a pretty significant earn out. So we ultimately passed on that.”
Spera: GrowthBar was generating $318,000 in annual recurring revenue upon acquisition
“Yeah 318,000 dollars. You asked for a range. I actually, I know what the number was, three 18.”
GrowthBar reached $5,000 monthly recurring revenue within two months of launching
“We got to, I don't know, 5000 MRR in like a month or two, something like that.”
Spera: GrowthBar wasted resources building keyword research tools from scratch
“I think we spent a lot of time and resources creating keyword research stuff from scratch that, you know, perhaps we didn't need to spend that time doing, and we could have refined the core product, which was the AI writing for SEO product.”
Spera: Side hustles allow founders to build businesses maintaining steady income
“And I actually like, I think it's a great way to build a business is just as a side hustle, because then you can be one foot in the door, one foot out and still make, you know, a paycheck. And get to build something you really love on the side.”