Restpack

5 statements across 1 episodes · 2 bullish · 1 bearish · 1 people on the record · first statement Nov 15, 2021 by Arsen Nurmagomedov · said 10 times in 1 episodes since 2021 · across every show →

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brought up most by Andrew Gazdecki (7), Arsen Nurmagomedov (3)

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Everything said about Restpack, oldest first

Nov 15, 2021
Disclosure
Nurmagomedov: Restpack sold for upper half million dollars
“Yes, it's like upper half million dollars.”
Arsen Nurmagomedov Nov 15, 2021 ▶ 10:31 Startup Acquisition Stories with Arsen Nurmagomedov Founder of Restpack
Nov 15, 2021
Disclosure
Nurmagomedov: Restpack acquisition closed in about three and a half weeks
“And we just closed the deal in like three weeks or four or something. It was really quick. Three or four, yeah. Actually, it was supposed to close it three weeks, but he had some problems with paperwork, so it was like three and a half or something.”
Arsen Nurmagomedov Nov 15, 2021 ▶ 10:00 Startup Acquisition Stories with Arsen Nurmagomedov Founder of Restpack
Nov 15, 2021 negative
Opinion
Nurmagomedov: VCs buying small SaaS move too slowly and lowball valuations
“You know, there are a few VC firms that are buying small sales businesses, but with them, it was like, it take too much time to evaluate the business. They, and their valuation is really, really low. I mean, maybe the starting point for them, you know, so I wa…”
Arsen Nurmagomedov Nov 15, 2021 ▶ 3:22 Startup Acquisition Stories with Arsen Nurmagomedov Founder of Restpack
Nov 15, 2021 positive
Disclosure
Nurmagomedov: Restpack Acquired for 100% Upfront Cash
“Almost most of them offers like seller finance or something like that, but we, we're just looking for, we just looked for upfront payment with all cash. So we just eliminated some of the buyers and we, with this buyer, we got a hundred percent in cash all of .”
Arsen Nurmagomedov Nov 15, 2021 ▶ 8:51 Startup Acquisition Stories with Arsen Nurmagomedov Founder of Restpack
Nov 15, 2021 positive
Assertion Not checkable as stated
Restpack operated for over a year without a single code change
“It didn't require any maintenance. We just build it on auto scale and work for like more than a year without touching in the line of code.”
Arsen Nurmagomedov Nov 15, 2021 ▶ 8:18 Startup Acquisition Stories with Arsen Nurmagomedov Founder of Restpack
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