Eyal Toledano

7 statements across 1 episodes · 3 bullish · 0 bearish · 1 people on the record · first statement Nov 15, 2021 by Eyal Toledano · across every show →

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

Everything said about Eyal Toledano, oldest first

Nov 15, 2021
Disclosure
Toledano is investing $500K to acquire micro-SaaS products for MicroAngel
“My goal basically is to invest, like I'm investing a half a million dollars over the next few months, which I'm almost done.”
Eyal Toledano Nov 15, 2021 ▶ 6:54 Startup Acquisition Stories with Eyal Toledano Founder of MicroAngel
Nov 15, 2021 positive
Insight
Toledano: Buying a SaaS is 'focused chaos' with identifiable problems
“The advantage with something when you buy it is that it's more focused chaos, you know, like you're buying something where you know where the fire is, and you know exactly, like you have a playbook for how to fix it”
Eyal Toledano Nov 15, 2021 ▶ 11:58 Startup Acquisition Stories with Eyal Toledano Founder of MicroAngel
Nov 15, 2021
Disclosure
Toledano: MicroAngel's first acquisition was Shopify app Reconcile in February 2021
“I bought a B to B SaaS Shopify app called Reconcile, which basically helps Shopify stores send all of their payout transactions and all of that accounting data over to zero automatically, which usually takes like, 20 to 25 hours to reconcile every single trans…”
Eyal Toledano Nov 15, 2021 ▶ 1:09 Startup Acquisition Stories with Eyal Toledano Founder of MicroAngel
Nov 15, 2021
Disclosure
Toledano countered Reconcile's $350K asking price on $73K ARR with $180K cash
“They were reporting, you know, like, 73 K in our ARR and asking for 350 K which was, I found outrageous for, like, that kind of product but I didn't mind, like, I still got in touch, you know, I still basically did my thing, and Basically made an offer, which …”
Eyal Toledano Nov 15, 2021 ▶ 1:59 Startup Acquisition Stories with Eyal Toledano Founder of MicroAngel
Nov 15, 2021 positive
Disclosure
Toledano bases his software acquisition offers on EBITDA rather than ARR
“Like, I don't really make offers on ARR. I make offers on EBITDA. You know, like, that's the whole point, is how much can I get out on my investment?”
Eyal Toledano Nov 15, 2021 ▶ 5:09 Startup Acquisition Stories with Eyal Toledano Founder of MicroAngel
Nov 15, 2021 bullish
Prediction Not checkable as stated
Toledano predicts his $500K MicroAngel portfolio will return 2x in two years
“And because they are growing really slowly over a period of two years, they'll reach a certain point where the value of my portfolio will allow me to sell it. So I can perceive a two X return on that half a million dollars two years later.”
Eyal Toledano Nov 15, 2021 ▶ 7:39 Startup Acquisition Stories with Eyal Toledano Founder of MicroAngel
Nov 15, 2021 neutral
Insight
Toledano: Product-market fit is a singular event; execution is more important
“Market product fit is super important, but it's a singular event, like in the life of a product. Like after you're done with that, then everything starts, you know, like that's so much more important, you know, in my view now is how you execute.”
Eyal Toledano Nov 15, 2021 ▶ 12:10 Startup Acquisition Stories with Eyal Toledano Founder of MicroAngel
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