FE International

4 statements across 1 episodes · 0 bullish · 0 bearish · 1 people on the record · first statement Apr 17, 2023 by Thomas Smale · said 4 times in 1 episodes since 2023 · across every show →

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brought up most by Thomas Smale (3), Pat Walls (1)

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2023 4 mentions in 1 episode

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Everything said about FE International, oldest first

Apr 17, 2023 neutral
Assertion Contradicted
Smale: In 2010, no M&A firms or brokers serviced online businesses
“There was no M&A firms that did this. There were no business brokers. If you had a really big business, you couldn't call a big investment bank because they wouldn't return your phone call. So very much offered a service that no one else did, and really built …”
Thomas Smale Apr 17, 2023 ▶ 2:38 Zero to $1.1B from Flipping Websites
Apr 17, 2023 neutral
Insight
Smale: Buying a $10,000 Business Does Not Require Professional M&A Advice
“If you're buying something for 10,000 dollars, you don't need to hire a firm like us. You don't need professional advice.”
Thomas Smale Apr 17, 2023 ▶ 7:51 Zero to $1.1B from Flipping Websites
Apr 17, 2023
Insight
Smale: Selling a $20M business is fundamentally similar to a $1M deal
“And really the difference between selling a, Million dollar business and twenty million dollar business isn't really that different. It's slightly more technical. It takes a bit more time. It involves generally more attorneys and accountants and different thir…”
Thomas Smale Apr 17, 2023 ▶ 11:04 Zero to $1.1B from Flipping Websites
Apr 17, 2023
Disclosure
Smale: First website flip turned $100 into $500 on a credit card
“I think the first deal I ever did was I bought a website for a hundred dollars, got that to making a little bit of money every month, and then I sold it at the end of the month for more than I paid. So I think my first deal was something like a hundred dollars…”
Thomas Smale Apr 17, 2023 ▶ 1:23 Zero to $1.1B from Flipping Websites
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