Chatkick

includes Trinsley

5 statements across 1 episodes · 2 bullish · 1 bearish · 1 people on the record · first statement Nov 15, 2021 by Daniel Jekaitis · said 9 times in 1 episodes since 2021 · across every show →

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brought up most by Daniel Jekaitis (9)

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Everything said about Chatkick, oldest first

Nov 15, 2021
Disclosure
Chatkick Met 60-70% of Trinsley's Cash Asking Price Plus Equity
“So we gave him a nice tranche of cash. I would say we got to about the 60, 70% range of his cash expectations. And then I would say a healthy block of equity that if there is an exit event, he's gonna see some very nice returns off of it.”
Daniel Jekaitis Nov 15, 2021 ▶ 7:02 Startup Acquisition Stories with Daniel Jakaitis Founder of Chatkick
Nov 15, 2021 positive
Insight
Jakaitis: Giving sellers equity ensures responsive post-acquisition technical support
“There's no matter how technical you are and how much into the weed that the product you can get, there's always like little corner cases that you'll want to ping him about. And because he has skin in the game today, he's always willing to pick up the phone and…”
Daniel Jekaitis Nov 15, 2021 ▶ 7:30 Startup Acquisition Stories with Daniel Jakaitis Founder of Chatkick
Nov 15, 2021 negative
Assertion Not checkable as stated
Jakaitis: Chatkick Faced Escrow.com Payment Delays Up to Three Weeks
“Like, we used escrow.com for our payments, and we had all sorts of issues getting payments into the platform, and then also out like, delays up to two to three weeks, which was, Challenging because you want to impart trust on each other, but at the same time, …”
Daniel Jekaitis Nov 15, 2021 ▶ 13:40 Startup Acquisition Stories with Daniel Jakaitis Founder of Chatkick
Nov 15, 2021
Disclosure
Jakaitis: Trinsley was originally listed at a $350,000 asking price
“So originally I think it was listed at 350,000 asking the price.”
Daniel Jekaitis Nov 15, 2021 ▶ 5:55 Startup Acquisition Stories with Daniel Jakaitis Founder of Chatkick
Nov 15, 2021 positive
Disclosure
Daniel Jekaitis: Chatkick acquired Trinsley after finding it on MicroAcquire
“In, in late April, I think it was I saw the Trinsley product, which we ended up acquiring come onto the market on the platform. And I immediately reached out to the founder, David.”
Daniel Jekaitis Nov 15, 2021 ▶ 3:22 Startup Acquisition Stories with Daniel Jakaitis Founder of Chatkick
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