David Maelstrom

Everything David Maelstrom said on any show that made the record, most notable first. Each card names its show and opens the statement there.

ACQUISITION STORIES Insight

Mellstrom: Text message marketing is far more effective than email or social

“And the inbox, the text message inbox is usually reserved for friends and family. So if you let a brand into your text message inbox, you know, you're probably going to read it. So it's just incredibly more effective than other mediums out there, whether it's …”

David Maelstrom Feb 21, 2023 ▶ 3:58 Startup Acquisition Stories with David Mellstrom, Co-founder of Buddy

ACQUISITION STORIES Prediction Not checkable as stated

Mellstrom: Generational turnover in blue-collar SMBs will drive modern software adoption

“Look at like your local HVAC company. It's probably a 50 or 60 year old guy that owns the company. And he's thinking about, you know, either selling it or passing it down to his son. Either way, the new owner is going to be slightly more sophisticated than the…”

David Maelstrom Feb 21, 2023 ▶ 17:33 Startup Acquisition Stories with David Mellstrom, Co-founder of Buddy

ACQUISITION STORIES Opinion

Mellstrom: Marketing tools like Klaviyo left a huge purchasing gap

“But we felt like, you know, those companies weren't taking marketing far enough, and there was still a huge gap between, you know, re receiving a message from a brand and actually making a purchase.”

David Maelstrom Feb 21, 2023 ▶ 2:26 Startup Acquisition Stories with David Mellstrom, Co-founder of Buddy

ACQUISITION STORIES Assertion Not checkable as stated

Buddy received two all-cash LOIs within 24 hours on Acquire.com

“It wasn't more than 24 hours after I listed on acquire that I got probably five to 10 inquiries and received two unsolicited LOIs for at or above asking price and all cash.”

David Maelstrom Feb 21, 2023 ▶ 6:54 Startup Acquisition Stories with David Mellstrom, Co-founder of Buddy

ACQUISITION STORIES Assertion Not checkable as stated

Mellstrom: Buddy acquired its first 30 customers via Instagram DMs

“So we were like DM warriors on Instagram for like two or three months. And that worked. We got to, you know, I'd say probably 25 or 30 customers just using the like pure DM, you know, scrappy outreach.”

David Maelstrom Feb 21, 2023 ▶ 5:09 Startup Acquisition Stories with David Mellstrom, Co-founder of Buddy

ACQUISITION STORIES Disclosure

Mellstrom: Managed Buddy acquisition diligence solo using venture background

“And for the most part, I managed everything on our end. So again, my background, you know, having been an early stage investor previously, like been through this process many, many times, seen the movie play out. Many different ways and felt, you know, confide…”

David Maelstrom Feb 21, 2023 ▶ 11:33 Startup Acquisition Stories with David Mellstrom, Co-founder of Buddy

ACQUISITION STORIES Disclosure

Mellstrom: Buddy acquisition was not life-changing but provided bridge capital

“So, so we sold Buddy wasn't a life-changing outcome but it did provide some you know, some bridge, I guess, bridge money to go on to the next thing.”

David Maelstrom Feb 21, 2023 ▶ 15:33 Startup Acquisition Stories with David Mellstrom, Co-founder of Buddy

One line per show, most statements first. The link opens David's full record on that show: the calibration, argument clarity, speaking style and every statement made there.

Show	Role there	Eps	Statements	Record
ACQUISITION STORIESLEDGER		1	7	—	full record on Startup Acquisition Stories →