Studia

8 statements across 1 episodes · 3 bullish · 0 bearish · 1 people on the record · first statement Aug 29, 2023 by Joan Manuel Sanchez · said 7 times in 1 episodes since 2023 · across every show →

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brought up most by Andrew Gazdecki (4), Joan Manuel Sanchez (3)

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2023 7 mentions in 1 episode

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Everything said about Studia, oldest first

Aug 29, 2023 positive
Assertion Not checkable as stated
Sanchez: Studia received over 80 NDAs within 30 days on Acquire.com
“Over 80 NDAs I got in a time period of 30 days”
Joan Manuel Sanchez Aug 29, 2023 ▶ 28:29 Startup Acquisition Stories with JM Sanchez Co-founder of Studia
Aug 29, 2023 neutral
Assertion Not checkable as stated
Sanchez validated Studia spending just one dollar daily on Facebook ads
“And then I just invested one Dollar a day in Facebook ads for two markets. So one for Kenya, one for Nigeria. That's all I invested.”
Joan Manuel Sanchez Aug 29, 2023 ▶ 9:30 Startup Acquisition Stories with JM Sanchez Co-founder of Studia
Aug 29, 2023 neutral
Assertion Not checkable as stated
Studia generated $4,000 to $5,000 in B2B revenue per student placed
“Because at the end we're not B to C, but we're B to B. We get the money from the universities and we get the money from the financial partners. So the average deal size more or less is around four to 5000 dollars per student. We actually place abroad that's pa…”
Joan Manuel Sanchez Aug 29, 2023 ▶ 23:18 Startup Acquisition Stories with JM Sanchez Co-founder of Studia
Aug 29, 2023
Disclosure
Studia partnered with North American universities and lenders for STEM degrees
“What we did is partner with a lot of universities in the US and Canada and partnering with a couple of financial institutions that were going, going to help through student loans for these students from Africa and some countries in Asia to pursue their master'…”
Joan Manuel Sanchez Aug 29, 2023 ▶ 6:25 Startup Acquisition Stories with JM Sanchez Co-founder of Studia
Aug 29, 2023
Disclosure
Studia helped African students access and finance US higher education
“What we created is basically an agency. It's nothing extremely disruptive. It's an agency for helping students mainly from Africa to pursue their higher education in the U S completely financed.”
Joan Manuel Sanchez Aug 29, 2023 ▶ 6:00 Startup Acquisition Stories with JM Sanchez Co-founder of Studia
Aug 29, 2023 positive
Assertion Not checkable as stated
Sanchez: Studia received an acquisition LOI within one month on Acquire.com
“So we read our profile. That was 10 minutes with the basic stuff. And we left it there. We left it there for a month. We were getting NDAs, people interested, some questions here or there, but it was actually one month until we got the letter of intent which w…”
Joan Manuel Sanchez Aug 29, 2023 ▶ 15:39 Startup Acquisition Stories with JM Sanchez Co-founder of Studia
Aug 29, 2023 bullish
What-if
Studia could have reached $1M revenue by hiring five to ten people
“And we could have just continued You know, scaling it up. We just hiring five, 10 people in specific markets could very fast, like, you know, become a million dollar revenue business.”
Joan Manuel Sanchez Aug 29, 2023 ▶ 11:27 Startup Acquisition Stories with JM Sanchez Co-founder of Studia
Aug 29, 2023 neutral
Assertion Not checkable as stated
Studia's 40-day acquisition process took longer than securing the LOI
“The acquisition process lasted 40 days. It was longer the acquisition process than actually the listing process itself.”
Joan Manuel Sanchez Aug 29, 2023 ▶ 21:28 Startup Acquisition Stories with JM Sanchez Co-founder of Studia
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