Everything Daniel Jekaitis said on any show that made the record, most notable first. Each card names its show and opens the statement there.
Jakaitis: Giving sellers equity ensures responsive post-acquisition technical support
“There's no matter how technical you are and how much into the weed that the product you can get, there's always like little corner cases that you'll want to ping him about. And because he has skin in the game today, he's always willing to pick up the phone and…”
Jakaitis: Consistency of folder structure is the top heuristic in code reviews
“For me the biggest heuristic that I go off of is organization and consistency of structure. So it's really hard if you're just, like, eyeballing, like, Thousands of lines of code over a zoom or whatever it is to figure out if it's quality code. But what you ca…”
Jakaitis: Chatkick Faced Escrow.com Payment Delays Up to Three Weeks
“Like, we used escrow.com for our payments, and we had all sorts of issues getting payments into the platform, and then also out like, delays up to two to three weeks, which was, Challenging because you want to impart trust on each other, but at the same time, …”
Daniel Jekaitis: Chatkick acquired Trinsley after finding it on MicroAcquire
“In, in late April, I think it was I saw the Trinsley product, which we ended up acquiring come onto the market on the platform. And I immediately reached out to the founder, David.”
Chatkick Met 60-70% of Trinsley's Cash Asking Price Plus Equity
“So we gave him a nice tranche of cash. I would say we got to about the 60, 70% range of his cash expectations. And then I would say a healthy block of equity that if there is an exit event, he's gonna see some very nice returns off of it.”
Jakaitis: Unupdated dependencies from 2-3 years ago are major diligence red flags
“Big red flags if they're like on versions that are outdated like two, three years ago, and it's very clear they've never updated it. I know I went into diligence with a couple of different products that never ended up closing because you'd get in there and the…”
Jakaitis: Hand Over SaaS Assets via 1Password and Immediately Rotate 2FA
“Put everything in like a OnePass account and then just hand over the keys to the OnePass account. And then wash your hands of it, right? And my recommendation as like a buyer, right? Like when you get your hands on all that, roll the passwords, make sure you c…”
Jakaitis: Trinsley was originally listed at a $350,000 asking price
“So originally I think it was listed at 350,000 asking the price.”
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