Median
topic on 2 shows · 5 statements across 1 episodes · said 15 times in 3 episodes since 2021
Startup Acquisition Stories 14 
My First Million 1
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Startup Acquisition Stories 14My First Million 1
2023 2 mentions in 1 episode
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5 statements about Median, every show
Homann: Median structured perpetual licensing deals to secure large checks
“We ended up doing this kind of non-exclusive perpetual licensing deal with them rather than doing a monthly subscription. And because we're a bootstrap company, we had the freedom to just take one really big check. And then basically hand over a copy of our co…”
Homann: Median secured an LOI within ten days of listing
“So I ran a pretty tight process there, and within a week and a half, we had an LOI in hand”
Homann: Optimized Median sale for transition speed over highest purchase price
“We optimize actually not for top price. We optimize for you know, getting the business transition out quickly. We had already started workshop, our new company and we had some commitments there and that sort of thing.”
Homann: Prior licensing deals inadvertently prepared the acquisition data room
“Those two perpetual licensing deals that we did before required us to do just a crap ton of due diligence. So we had this data room of all of our financials, all of our contracts and all that stuff, luckily already ready.”
Homann: Median's acquisition and perpetual licensing deals totaled nearly $2 million
“With the sale of median both with that and then the licensing deals that we did kind of all combined that ended up being close to two million bucks. The perpetual licensing deals were actually bigger than the acquisition price”