Restpack

company on 2 shows · 6 statements across 2 episodes · said 11 times in 2 episodes since 2021

Startup Acquisition Stories 10 My First Million 1

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Startup Acquisition Stories 10My First Million 1

2021 11 mentions in 2 episodes 6 per episode

every mention on every show, scene by scene, with the transcript →

6 statements about Restpack, every show

Nurmagomedov: VCs buying small SaaS move too slowly and lowball valuations
“You know, there are a few VC firms that are buying small sales businesses, but with them, it was like, it take too much time to evaluate the business. They, and their valuation is really, really low. I mean, maybe the starting point for them, you know, so I wa…”
Arsen Nurmagomedov Nov 15, 2021 ▶ 3:22 Startup Acquisition Stories with Arsen Nurmagomedov Founder of Restpack
ACQUISITION STORIES Assertion Not checkable as stated
Restpack operated for over a year without a single code change
“It didn't require any maintenance. We just build it on auto scale and work for like more than a year without touching in the line of code.”
Arsen Nurmagomedov Nov 15, 2021 ▶ 8:18 Startup Acquisition Stories with Arsen Nurmagomedov Founder of Restpack
Nurmagomedov: Restpack Acquired for 100% Upfront Cash
“Almost most of them offers like seller finance or something like that, but we, we're just looking for, we just looked for upfront payment with all cash. So we just eliminated some of the buyers and we, with this buyer, we got a hundred percent in cash all of .”
Arsen Nurmagomedov Nov 15, 2021 ▶ 8:51 Startup Acquisition Stories with Arsen Nurmagomedov Founder of Restpack
Nurmagomedov: Restpack acquisition closed in about three and a half weeks
“And we just closed the deal in like three weeks or four or something. It was really quick. Three or four, yeah. Actually, it was supposed to close it three weeks, but he had some problems with paperwork, so it was like three and a half or something.”
Arsen Nurmagomedov Nov 15, 2021 ▶ 10:00 Startup Acquisition Stories with Arsen Nurmagomedov Founder of Restpack
Nurmagomedov: Restpack sold for upper half million dollars
“Yes, it's like upper half million dollars.”
Arsen Nurmagomedov Nov 15, 2021 ▶ 10:31 Startup Acquisition Stories with Arsen Nurmagomedov Founder of Restpack
MY FIRST MILLION Assertion Supported
Developer API tool Restpack sold for $500,000 on MicroAcquire in one month
“Arsene sold Restpack for half a million on MicroQuire in about a month. I believe it was like a developer API tool.”
Andrew Gazdecki Jul 23, 2021 ▶ 1:01:26 Why Dunder Mifflin Should Be a Real Company & A Look Inside MicroAcquire | My First Million #203

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