Everything Emmett Cooke said on any show that made the record, most notable first. Each card names its show and opens the statement there.
Cooke: Non-technical founders should prototype clickable MVPs with AI before hiring developers
“If I was a non-technical founder now, first of all, I would try to build like a very basic MVP. With AI, it's not always possible because it can't do everything, but definitely I would build a very basic version of the MVP, get it working, like at least clicka…”
Cooke: Scaling revenue 20-40% pre-sale massively increases startup valuation
“Then I think over that 12 months, really try and maximize and push your business to scale the revenue as much as you can, because How much it scales in that 12 months, even if it grows, like, you know, 2030, 40%, like, that can massively increase your valuatio…”
Cooke: Barack Obama used his music for his presidential campaign
“But yeah, stuff on the history channel, science channel, NBC Obama actually used my music for his presidential campaign.”
Cooke: Music software industry has at most 10,000 companies
“There's about 10,000 companies in the entire industry at most, and I would say if the top 50% in sales is probably attributed to maybe like a hundred companies.”
Pulse had 360,000 users and over 100 B2B clients at acquisition
“So on the B to B side, I think there was over a hundred anything. And then on the B to C side the actual platform had grown to around about 360,000 users in like the database with around a thousand to 2000 daily active users within the desktop app.”
Cooke leveraged an Irish tax relief scheme when selling Pulse
“So when I sold the company, I was able to take advantage of a far lower tax tax break compared to just paying myself through the company.”
Cooke avoided aggressive negotiations to protect the Pulse acquisition deal
“Where I had, like we had valued the business right in the middle of the valuation range. And I think that's fair. And I think they were getting a fair deal and they offered a fair price. So I wasn't really like with the size of the money we were talking about …”
Cooke: Claude is ideal for non-technical founders with product vision
“With the latest release of Claude, it's kind of ideal for someone like me who's not technical, but I have a good idea of why I want the end product to look like and how to build out features.”
Cooke: Repurposing open-source itch.io caused technical debt and burned capital
“We tried using the open source platform, but it was a nightmare because what we found was as we tried to take that apart and make it work for our solution, every time we'd go one step back, we'd have to go two steps forward, and we'd Add one feature and would …”
Cooke: Pulse was built entirely by contractors hired on Upwork
“That was how it was built basically all through Upwork through contractors. And then as all the features were built out, we scaled the size of the team down and just focus more on the marketing and sales side of things.”
Cooke: Pulse never ran B2B marketing campaigns
“I never actually had to market the B to B side of it. The B to C side we did, but the actual B to B side where we were offering the platform for companies to use. I never actually did any marketing for that. It was always just through word of mouth or through …”
Pulse received 50 to 100 inquiries overnight via Acquire newsletter
“And then I think it went out in a newsletter one of the days and I woke up the next morning and it was something like 50 or a hundred different requests to view the listing.”
Cooke required an all-cash upfront deal for Pulse due to taxes
“I was also clear that I wanted cash up front because specifically for the tax break, it needed to be cash up front.”
Cooke: Pulse acquisition due diligence lasted two to three weeks
“That lasted for maybe, I'd say, two to three weeks, which I think was quite a short period, because I know it can go on quite longer”
Cooke: Selling a business triggers post-sale uncertainty and identity loss
“Be aware that you can kind of tie your identity to your business, and like that disappears when you sell your business, so there's a, expect like a couple of weeks afterwards, kind of this uncertainty, Where you sort of feel like, huh, I don't know, what shoul…”
Cooke's first music software cost $5,000 and arrived on 200 DVDs
“And I remember the first load of software that I bought was 5000 dollars. I had to get a student loan to buy it, and so it was really expensive, and it came in a stack of DVDs, so I think there was 200 DVDs.”