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Buddy

5 statements across 1 episodes · 1 bullish · 1 bearish · 1 people on the record · first statement Feb 21, 2023 by David Maelstrom · said 13 times in 1 episodes since 2023 · across every show →

Mentions by year

brought up most by David Maelstrom (9), Andrew Gazdecki (4)

tap a year for its mentions
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2023 13 mentions in 1 episode

every mention, scene by scene, with the transcript →

Everything said about Buddy, oldest first

Feb 21, 2023 negative
Opinion
Mellstrom: Marketing tools like Klaviyo left a huge purchasing gap
“But we felt like, you know, those companies weren't taking marketing far enough, and there was still a huge gap between, you know, re receiving a message from a brand and actually making a purchase.”
David Maelstrom Feb 21, 2023 ▶ 2:26 Startup Acquisition Stories with David Mellstrom, Co-founder of Buddy
Feb 21, 2023
Assertion Not checkable as stated
Mellstrom: Buddy acquired its first 30 customers via Instagram DMs
“So we were like DM warriors on Instagram for like two or three months. And that worked. We got to, you know, I'd say probably 25 or 30 customers just using the like pure DM, you know, scrappy outreach.”
David Maelstrom Feb 21, 2023 ▶ 5:09 Startup Acquisition Stories with David Mellstrom, Co-founder of Buddy
Feb 21, 2023 positive
Assertion Not checkable as stated
Buddy received two all-cash LOIs within 24 hours on Acquire.com
“It wasn't more than 24 hours after I listed on acquire that I got probably five to 10 inquiries and received two unsolicited LOIs for at or above asking price and all cash.”
David Maelstrom Feb 21, 2023 ▶ 6:54 Startup Acquisition Stories with David Mellstrom, Co-founder of Buddy
Feb 21, 2023 neutral
Disclosure
Mellstrom: Buddy acquisition was not life-changing but provided bridge capital
“So, so we sold Buddy wasn't a life-changing outcome but it did provide some you know, some bridge, I guess, bridge money to go on to the next thing.”
David Maelstrom Feb 21, 2023 ▶ 15:33 Startup Acquisition Stories with David Mellstrom, Co-founder of Buddy
Feb 21, 2023
Disclosure
Mellstrom: Managed Buddy acquisition diligence solo using venture background
“And for the most part, I managed everything on our end. So again, my background, you know, having been an early stage investor previously, like been through this process many, many times, seen the movie play out. Many different ways and felt, you know, confide…”
David Maelstrom Feb 21, 2023 ▶ 11:33 Startup Acquisition Stories with David Mellstrom, Co-founder of Buddy
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