Chris Achard

5 statements across 1 episodes · 2 bullish · 1 bearish · 1 people on the record · first statement Sep 7, 2022 by Chris Achard · across every show →

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

Everything said about Chris Achard, oldest first

Sep 7, 2022 negative
Insight
Achard: Never skip formal escrow services in micro-startup acquisitions
“Like part of it, it's, you know, it's not like a million dollar sale or anything like that, and so we didn't feel like we needed like a real escrow, I guess, which, you know, probably goes right a lot of the time, and I don't recommend it, because if it goes w…”
Chris Achard Sep 7, 2022 ▶ 7:49 Startup Acquisition Stories with Chris Achard, Founder of AcornChat
Sep 7, 2022 positive
Insight
Achard: Founders should build apps on dedicated, standalone AWS accounts
“If I was going to do that again, I would set up a separate, for any app I wanted to sell, I would set up a separate AWS account, an entire account and that would have gone much, much cleaner”
Chris Achard Sep 7, 2022 ▶ 9:22 Startup Acquisition Stories with Chris Achard, Founder of AcornChat
Sep 7, 2022
Disclosure
Achard accepted a lower all-cash acquisition offer to avoid seller financing
“So I got maybe 15 requests in, like, under a week and then I got two really serious people talked to them on on Zoom, and they, so I got Offers from both of them. And one of them was more like he was a developer like me. He wanted to pay all cash. He was like …”
Chris Achard Sep 7, 2022 ▶ 4:39 Startup Acquisition Stories with Chris Achard, Founder of AcornChat
Sep 7, 2022 neutral
Opinion
Achard: Freemium apps require dedicated teams or venture funding to scale
“I was trying to do it as a solo dev, but it's the type of business that I think Makes more sense to, like, build a team for or raise money for, because it was a freemium app, and so there was, like, there were a lot of free groups, and to really get the word o…”
Chris Achard Sep 7, 2022 ▶ 3:38 Startup Acquisition Stories with Chris Achard, Founder of AcornChat
Sep 7, 2022 positive
Insight
Achard: Outlining product flaws helps SaaS buyers find quick post-acquisition wins
“So if you kind of outline the things that you know are wrong with the app, then they can, like, figure out some quick wins as soon as they buy it, and so I think that helped in that case.”
Chris Achard Sep 7, 2022 ▶ 10:39 Startup Acquisition Stories with Chris Achard, Founder of AcornChat
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