Strategic Acquirers

“When you go to PE, it has to be a lot because it has to be worth their while. When you go to strategics, it has to be a lot. But if you've got 50 K and MRR, there are a lot of people that could just take over that business.”

“Private equity and strategic acquirers, they don't care very much at all about profitability. Now, if you lose, if you're losing buckets of money, of course, but if you're running at break even and you're doubling every year and you're in the millions, people …”

“And back then there were not many options for them because often these businesses are too small for, or were too small for strategic acquirers or traditional private equity firms.”