Andrew Dumont

8 statements across 1 episodes · 3 bullish · 2 bearish · 1 people on the record · first statement Jun 27, 2022 by Andrew Dumont · across every show →

On the record as a speaker too: Andrew Dumont's record, appearances and statements → this page counts the times other people say the name.

Everything said about Andrew Dumont, oldest first

Jun 27, 2022 negative
Insight
Dumont: Rebuilding everything post-acquisition is an acquirer's biggest mistake
“I think the biggest mistake is people take over a business and they feel like they have to scrap everything, you know, just get rebuild everything. And in some cases that's not needed. Like you need to continue the momentum that exists and start building the m…”
Andrew Dumont Jun 27, 2022 ▶ 8:47 Startup Acquisition Stories with Andrew Dumont, CEO of Stamped
Jun 27, 2022 positive
Disclosure
Dumont: Tiny Capital targets profitable companies with consistent, not exponential, growth
“I think something that Tiny does that's really smart is they acquire companies that are Already profitable. Are growing consistently, not exponentially. But you know, they have a good growth rate”
Andrew Dumont Jun 27, 2022 ▶ 15:04 Startup Acquisition Stories with Andrew Dumont, CEO of Stamped
Jun 27, 2022 positive
Insight
Dumont: Acquired businesses are almost never fully optimized
“Typically when somebody is selling a business, It is not fully optimized. So I think the thing that has been obvious from each one of these companies is there is always opportunity”
Andrew Dumont Jun 27, 2022 ▶ 9:44 Startup Acquisition Stories with Andrew Dumont, CEO of Stamped
Jun 27, 2022 negative
Insight
Dumont: Acquirers often rush diligence and underestimate technical debt
“I find that generally folks kind of rush through the product that they're acquiring and not fully understanding the technical debt that exists within the business. If there is any, and in most cases with software there typically is.”
Andrew Dumont Jun 27, 2022 ▶ 8:14 Startup Acquisition Stories with Andrew Dumont, CEO of Stamped
Jun 27, 2022
Insight
Dumont: Acquired businesses must actively balance growth investment against extracting earnings
“That's always the balance as an operator is how much do I want to invest in the business versus taking earnings out of the business. And it's important to note what stage the business is in, in terms of earnings versus growth and what you're trying to lean int…”
Andrew Dumont Jun 27, 2022 ▶ 15:15 Startup Acquisition Stories with Andrew Dumont, CEO of Stamped
Jun 27, 2022 neutral
Insight
Dumont: Operating an acquired business is a tweaking phase many dislike
“It's different than starting a business. It feels different than starting a business. So do you want to be in kind of the, what I call like the tweaking phase, you know, where you're just kind of like taking something that has product market fit and you're try…”
Andrew Dumont Jun 27, 2022 ▶ 18:05 Startup Acquisition Stories with Andrew Dumont, CEO of Stamped
Jun 27, 2022 positive
Opinion
Dumont: Tiny Capital excels at aligning incentives for external CEOs
“I think one of the things Tiny does really, really well, and this is a whole nother discussion on how do you compensate correctly for operators aligning interests for people that come in and take a business and operate them as a CEO with you as the owner.”
Andrew Dumont Jun 27, 2022 ▶ 18:53 Startup Acquisition Stories with Andrew Dumont, CEO of Stamped
Jun 27, 2022 neutral
Assertion Not checkable as stated
Dumont: Stamped had organic traction but lacked sales and success teams
“Within stamped specifically, it had this great organic side of the business. But it was missing a proper sales org, success org you know, partnerships or all of these kind of new opportunities.”
Andrew Dumont Jun 27, 2022 ▶ 8:57 Startup Acquisition Stories with Andrew Dumont, CEO of Stamped
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