People, every show

Frank Kosarek

Co-Founder & Managing Partner, Great Point Capital Partners. On 1 show, 1 appearance. The Shows tab opens the full record on each.

founderinvestoroperatorexecutive@KosarekFrank ↗LinkedIn ↗open.store ↗

As employee #1 and Head of Acquisitions at OpenStore, Kosarek led deal sourcing, underwriting, and integrations for more than 50 Shopify e-commerce businesses. He is an entrepreneur and private equity operator who subsequently co-founded the investment firm Great Point Capital Partners and the M&A marketplace BizPort.

What they said8 Shows1

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

ACQUISITION STORIES Prediction Not checkable as stated

Kosarek: Crypto payments may become standard for Shopify transactions in 2022

“And then also we think this could be an interesting year where alternative forms of payments start to take off, right? The crypto wallets And other, you know, any cryptocurrency based payment out there may become more of a norm for a Shopify transaction than i…”

Frank Kosarek Apr 25, 2022 ▶ 12:24 Startup Acquisition Stories with Frank Kosarek - Head Of Sourcing at OpenStore

ACQUISITION STORIES Assertion Not checkable as stated

Kosarek: E-commerce merchants with under $10M revenue lack fast exit options

“A merchant maybe, you know, making in the one to ten million revenue range doesn't have as many options to pursue a fast and easy exit as you know, merchants that have achieved, you know, escape velocity above that ten million dollar mark.”

Frank Kosarek Apr 25, 2022 ▶ 1:06 Startup Acquisition Stories with Frank Kosarek - Head Of Sourcing at OpenStore

ACQUISITION STORIES Disclosure

Kosarek: OpenStore plans to keep acquired brands intact rather than breaking them up

“Our long-term strategy is to acquire as many of these businesses as we possibly can and take into account that we want to leave The brands completely intact. We don't want to sell them for parts. We don't want to shut them down. We want to leave, you know, the…”

Frank Kosarek Apr 25, 2022 ▶ 2:06 Startup Acquisition Stories with Frank Kosarek - Head Of Sourcing at OpenStore

ACQUISITION STORIES Disclosure

Kosarek: OpenStore can generate acquisition offers in 24 hours

“Assuming you come to the front of our website, you submit the data we need to generate our offer. If you're a fit for the criteria I just mentioned we can turn around a price in 24 hours, and you can accept that price in 24 hours, too.”

Frank Kosarek Apr 25, 2022 ▶ 4:51 Startup Acquisition Stories with Frank Kosarek - Head Of Sourcing at OpenStore

ACQUISITION STORIES Assertion Not checkable as stated

Kosarek: OpenStore has completed a few dozen acquisitions

“A few dozen so far,”

Frank Kosarek Apr 25, 2022 ▶ 2:38 Startup Acquisition Stories with Frank Kosarek - Head Of Sourcing at OpenStore

ACQUISITION STORIES Disclosure

Kosarek: OpenStore requires $500K+ revenue and 50% US customers for acquisitions

“We'd like to see at least 500 K in revenue from the last 12 months, trailing 12 months. We also like to see that Shopify makes up a sizable percentage of the overall business, so at least 70% of sales we need to see coming from Shopify. And then also we need t…”

Frank Kosarek Apr 25, 2022 ▶ 3:45 Startup Acquisition Stories with Frank Kosarek - Head Of Sourcing at OpenStore

ACQUISITION STORIES Assertion Not checkable as stated

Kosarek: OpenStore has completed due diligence in under two weeks

“We've had diligence process you know, processes that take under two weeks in total.”

Frank Kosarek Apr 25, 2022 ▶ 5:22 Startup Acquisition Stories with Frank Kosarek - Head Of Sourcing at OpenStore

ACQUISITION STORIES Disclosure

Kosarek: OpenStore especially values returning customer rates, AOV trends, and ROAS

“What we value especially are, you know, returning customer rates average order value trends, and marketing return on ad spend.”

Frank Kosarek Apr 25, 2022 ▶ 7:12 Startup Acquisition Stories with Frank Kosarek - Head Of Sourcing at OpenStore

One line per show, most statements first. The link opens Frank'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	Co-Founder & Managing Partner, Great Point Capital Partners	1	8	—	full record on Startup Acquisition Stories →