Talk Hiring

8 statements across 1 episodes · 3 bullish · 2 bearish · 1 people on the record · first statement Oct 16, 2024 by Harris Osterman · said 11 times in 1 episodes since 2024 · across every show →

Mentions by year

brought up most by Andrew Gazdecki (10), Harris Osterman (1)

tap a year for its mentions
00811512024episodesmentions
0112024episodes it came up in
007.50.51512024episodesmentions per episode

every mention, scene by scene, with the transcript →

Everything said about Talk Hiring, oldest first

Oct 16, 2024 negative
What-if
Osterman: Commingling product lines prevents buyers from securing SBA acquisition loans
“The problem for our business was that we had multiple product lines under the same corporate entity, and therefore we were filing taxes every year as like a combination of all of our Product lines. And then, like, the SBA always wants to see the tax filings, a…”
Harris Osterman Oct 16, 2024 ▶ 20:46 How to Build SaaS for an Industry No One Knows About (Except Your Customers)
Oct 16, 2024 positive
Opinion
Osterman: Career readiness organizations are an underserved and viable SaaS niche
“We really focused on the niche of career readiness organizations because they were very underserved as a market and a good, you know, business to build off of.”
Harris Osterman Oct 16, 2024 ▶ 7:11 How to Build SaaS for an Industry No One Knows About (Except Your Customers)
Oct 16, 2024 neutral
Disclosure
Osterman rejected higher acquisition offers to avoid post-sale earnout requirements
“There were offers that would have earned me a lot more money, but I'm not going to be running the business anymore. So I don't really want to do that.”
Harris Osterman Oct 16, 2024 ▶ 16:55 How to Build SaaS for an Industry No One Knows About (Except Your Customers)
Oct 16, 2024 neutral
Disclosure
Osterman previously tried selling Talk Hiring but overpriced it
“A few years ago, I considered selling the business because I was considering raising money for the job searching tool and thought, like, I can't be running two product lines at the same time, so I priced it way too high, did not get enough interest”
Harris Osterman Oct 16, 2024 ▶ 7:30 How to Build SaaS for an Industry No One Knows About (Except Your Customers)
Oct 16, 2024 negative
Insight
Osterman: Buyers hold all negotiating leverage after an LOI is signed
“Once you sign the LOI now the buyer has all the power, and, like, if they back out, now you have to go back to the other buyers.”
Harris Osterman Oct 16, 2024 ▶ 15:45 How to Build SaaS for an Industry No One Knows About (Except Your Customers)
Oct 16, 2024 positive
Insight
Osterman: Three consecutive profitable years guarantees buyer confidence in SaaS
“If you run a business, and it has at least three consecutive prior years of profit, and like, let's say six figures of profit, like a very small amount that's what buyers want. So, like, there are a lot of companies that have had a lot of profit, but they're p…”
Harris Osterman Oct 16, 2024 ▶ 17:34 How to Build SaaS for an Industry No One Knows About (Except Your Customers)
Oct 16, 2024
Assertion Not checkable as stated
Osterman: Talk Hiring evaluated seven acquisition offers from varied buyers
“We had seven different offers that we were considering but it was tough to vet all of them, and, like, some of them were public companies, some of them were private startups, some of them were, like, individuals, some of them were search funds”
Harris Osterman Oct 16, 2024 ▶ 13:03 How to Build SaaS for an Industry No One Knows About (Except Your Customers)
Oct 16, 2024 positive
Disclosure
Osterman traded free beta access for mandatory weekly feedback meetings
“Like they were one of our probably 10 or 15 design partners. So we started off giving away for free as like a free beta. And as a condition of using this thing for free, you had to meet with me. Every week, so I got a lot of feedback.”
Harris Osterman Oct 16, 2024 ▶ 4:11 How to Build SaaS for an Industry No One Knows About (Except Your Customers)
Made with StarZero

Turn any episode into a week of clips.

This entire site, over 100 episodes transcribed, diarized, checked and made playable, runs on the StarZero media pipeline. Drop in your own episode and the podcast clipper finds the moments worth sharing, cuts them, captions them, and reframes them for every feed.