Jes Bickhart

6 statements across 1 episodes · 2 bullish · 1 bearish · 2 people on the record · first statement Oct 24, 2023 by Andrew Gazdecki · across every show →

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

Everything said about Jes Bickhart, oldest first

Oct 24, 2023 positive
Assertion Not publicly verifiable
Gazdecki: Minnow was acquired for a seven-figure sum
“Former founder of Manao, who recently got acquired for seven figures.”
Andrew Gazdecki Oct 24, 2023 ▶ 0:26 Startup Acquisition Stories with Jes Bickhart, Founder of Minnow
Oct 24, 2023 negative
Insight
Bickhart: Selling alpha data feeds inherently destroys their market value
“The more people that pay to subscribe to this alpha, the less alpha it's actually providing in the marketplace. Your data becomes priced into the model.”
Jes Bickhart Oct 24, 2023 ▶ 17:26 Startup Acquisition Stories with Jes Bickhart, Founder of Minnow
Oct 24, 2023 neutral
Disclosure
Bickhart applied to Y Combinator eight or nine times before Minnow
“I think I applied like eight or nine times to YC. With various ideas over the years”
Jes Bickhart Oct 24, 2023 ▶ 2:00 Startup Acquisition Stories with Jes Bickhart, Founder of Minnow
Oct 24, 2023
Assertion Not checkable as stated
Bickhart: Minnow's 13-month sale required six buyer meetings for one term sheet
“We had six in-person meetings with large companies. Everyone from like four to 500 to So the largest nonprofits in the world that could benefit from the technology that we built. So six in-person meetings translated into three real diligence meetings where the…”
Jes Bickhart Oct 24, 2023 ▶ 24:33 Startup Acquisition Stories with Jes Bickhart, Founder of Minnow
Oct 24, 2023
Insight
Bickhart: Buyers searching for reasons to say no are already sold
“If the person that you're talking to is looking for a reason to say yes, then we're probably out. Like, if they're looking for a reason, they're like, tell me why I should buy this again, like, what is it, if they're looking for a reason to say yes, they're do…”
Jes Bickhart Oct 24, 2023 ▶ 27:54 Startup Acquisition Stories with Jes Bickhart, Founder of Minnow
Oct 24, 2023 positive
Insight
Bickhart: Selling startup assets piecemeal can yield a premium over bulk sales
“If all of your assets individually are worth something, it's probably a premium to buying everything together, unless you can find that perfect buyer.”
Jes Bickhart Oct 24, 2023 ▶ 36:03 Startup Acquisition Stories with Jes Bickhart, Founder of Minnow
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