Joe Speiser

8 statements across 1 episodes · 5 bullish · 1 bearish · 1 people on the record · first statement Aug 16, 2022 by Joe Speiser · said 2 times in 1 episodes since 2022 · across every show →

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

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Everything said about Joe Speiser, oldest first

Aug 16, 2022 bearish
Assertion Not checkable as stated
Almost every startup pitching Speiser is seeking emergency bridge funding
“I do a bunch of angel investing and every, almost every single contact that has reached out has asked for like a bridge round or some sort of emergency, you know, cash infusion. They're all looking at somewhere between six and eight months of runway before the…”
Joe Speiser Aug 16, 2022 ▶ 20:00 Startup Acquisition Stories with Joe Speiser - Partner at HamptonVC
Aug 16, 2022 positive
Disclosure
Speiser bought his first software business for six figures, exiting for seven
“The first business we bought for low six figures and sold for seven figures.”
Joe Speiser Aug 16, 2022 ▶ 6:48 Startup Acquisition Stories with Joe Speiser - Partner at HamptonVC
Aug 16, 2022
Insight
Founders usually sell because their skills can no longer grow the company
“Everyone always says the same thing about why they're selling. Which is kind of like, you can see through it, like, oh, you know, I want to do something else. I'm bored of this, which I get, and it could be honest, but more times than not, it's for a specific …”
Joe Speiser Aug 16, 2022 ▶ 15:13 Startup Acquisition Stories with Joe Speiser - Partner at HamptonVC
Aug 16, 2022 bullish
Insight
Fast all-cash offers can win micro-SaaS acquisitions at lower purchase prices
“I don't need an SBA loan, which slows things down pretty dramatically. So I can offer them a low ball offer, but all cash all up front within like 48 hours. Right? So for people who've been sitting there for a while trying to sell their SAS, that's really attr…”
Joe Speiser Aug 16, 2022 ▶ 10:30 Startup Acquisition Stories with Joe Speiser - Partner at HamptonVC
Aug 16, 2022
Disclosure
Speiser handles his own acquisition legal work without using lawyers
“I don't have a lawyer that does any of this. I do all the legal myself. It's not terribly complicated when I could use your forms off your site, and we all agreed to not touch them and mark them up.”
Joe Speiser Aug 16, 2022 ▶ 9:42 Startup Acquisition Stories with Joe Speiser - Partner at HamptonVC
Aug 16, 2022 positive
Insight
One-star software reviews signal distressed opportunities with easy operational fixes
“I also tend to look at the overall reviews for each company and the more negative the reviews are from customers, the more likely I'm going to be interested. I know that sounds really perverse. It doesn't make a lot of sense to a lot of people, but it has to b…”
Joe Speiser Aug 16, 2022 ▶ 8:03 Startup Acquisition Stories with Joe Speiser - Partner at HamptonVC
Aug 16, 2022 bullish
Disclosure
Speiser sold Brax for over a 10x return in 18 months
“We ended up selling it for over 10 times what we paid.”
Joe Speiser Aug 16, 2022 ▶ 1:40 Startup Acquisition Stories with Joe Speiser - Partner at HamptonVC
Aug 16, 2022 positive
Disclosure
Speiser doubled his investment flipping a Shopify app in six months
“We ended up holding that one for six months and doubling our money, which I didn't like the space. I don't like being reliant on one platform.”
Joe Speiser Aug 16, 2022 ▶ 3:29 Startup Acquisition Stories with Joe Speiser - Partner at HamptonVC
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