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Devon Gathers

Founding Managing Partner, Meridian Ventures. On 1 show, 1 appearance. The Shows tab opens the full record on each.

founderinvestorLinkedIn ↗meridianventures.co ↗

Devon Gethers is the co-founder and Founding Managing Partner of Meridian Ventures, a venture capital firm backing pre-seed and seed-stage software companies. Prior to Meridian, he founded and scaled the deferred MBA admissions consulting startup EarlyAdmit, which was acquired in 2023.

What they said7 Shows1

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

ACQUISITION STORIES Opinion

Gethers: Admissions consulting costs directly drive demographic disparity at elite business schools

“If there's a segment of people who can afford those services then naturally the quality of their application is going to be higher than for people who just don't have access to those resources. And so again, this has a direct Correlation with the type of demog…”

Devon Gathers Oct 3, 2023 ▶ 8:07 Startup Acquisition Stories with Devon Gethers, Founder of EarlyAdmit

ACQUISITION STORIES Insight

Gethers: Traditional M&A sales processes require around $5M in EBITDA

“But for business at the scale that I was at good luck. Kind of trying to go run a traditional sell process for that. I think typically in the business that we're in, if we were to go out to market to sell this business, this is like a business I would be doing…”

Devon Gathers Oct 3, 2023 ▶ 16:23 Startup Acquisition Stories with Devon Gethers, Founder of EarlyAdmit

ACQUISITION STORIES Assertion Not checkable as stated

Gethers: EarlyAdmit saw 75 NDAs and 15% buyer engagement on Acquire.com

“We had, I think on, on the acquire platform, we had about 75 NDAs over the time span of four to five months or so. And we probably had about a 15% Like, I would say real engagement rate, like potential buyers who were actually interested and have conversations…”

Devon Gathers Oct 3, 2023 ▶ 18:30 Startup Acquisition Stories with Devon Gethers, Founder of EarlyAdmit

ACQUISITION STORIES Assertion Not checkable as stated

Gethers: EarlyAdmit operated at 40% profit margins during acquisition process

“I remember days where we didn't get bites and we were like, well, you know, we're running at 40% profit margins.”

Devon Gathers Oct 3, 2023 ▶ 25:01 Startup Acquisition Stories with Devon Gethers, Founder of EarlyAdmit

ACQUISITION STORIES Assertion Supported

Gethers: Legacy admissions consultants charged over $300 an hour

“Legacy admission consultants were charging north of 300 dollars an hour”

Devon Gathers Oct 3, 2023 ▶ 5:02 Startup Acquisition Stories with Devon Gethers, Founder of EarlyAdmit

ACQUISITION STORIES Disclosure

Gethers: EarlyAdmit hired 75 global campus ambassadors to drive growth

“We, as a company, we went and hired about 75 campus ambassadors is what we classified them as. And these were students that we interviewed.”

Devon Gathers Oct 3, 2023 ▶ 11:51 Startup Acquisition Stories with Devon Gethers, Founder of EarlyAdmit

ACQUISITION STORIES Disclosure

Gethers: Left Mercado Partners to focus full-time on selling EarlyAdmit

“And in fact, I actually left my investment firm to focus 100% on the sale of this business. I left Mercado Partners to go do that.”

Devon Gathers Oct 3, 2023 ▶ 24:06 Startup Acquisition Stories with Devon Gethers, Founder of EarlyAdmit

One line per show, most statements first. The link opens Devon'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	Founding Managing Partner, Meridian Ventures	1	7	100% 1/1	full record on Startup Acquisition Stories →