WP Simple Pay
product on 1 show · 5 statements across 1 episodes · said 15 times in 1 episodes since 2020
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Sandhills granted WP Simple Pay's founder fully vested equity upfront upon acquisition
“At four sandals development, we do have a vesting period for all owners. There are, there's five of us partners. But with his, we actually considered his fully vested because basically his value was the five to eight years of WP simple pay that he had run befo…”
WP Simple Pay generated $22,000 to $24,000 monthly revenue at acquisition
“It was doing about 22 to 24,000.”
Sandhills Development acquired WP Simple Pay through an equity swap
“We basically came to an agreement where he bought into the company and his, basically his selling the price for WP Simple Pay was equity. So we gave him equity in the company and he gave us WP Simple Pay.”
WP Simple Pay currently maintains 4,300 active paying customers
“It currently has 4300 active customers.”