Reconcile

part of MicroAngel

2 statements across 1 episodes · 0 bullish · 0 bearish · 1 people on the record · first statement Nov 15, 2021 by Eyal Toledano · said 2 times in 1 episodes since 2021 · across every show →

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Everything said about Reconcile, oldest first

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
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