The Exchanges

Every argument clarity score on this site is built from rows on this page. Each question and answer was assessed with names hidden, the host's own answers included, on four things from 1 to 5: directness (does it answer the question asked), coherence (do the ideas follow), precision (concrete details and clear references), compression (says a lot per word). The weighted mix (30/30/25/15) is the exchange score. A person's published score averages their exchange scores on raw tape only, at least 8 of them, shrunk toward the cohort mean. Full method →

Minh-Phuc Tran no published score: no usable exchanges on raw tape, and a fair score needs 8+ · coarse estimate ≈4.5/5 from 4 produced feed exchanges record → ← everyone

Every exchange below was scored with names hidden, four dimensions each from 1 to 5. An exchange's score is 0.30·directness + 0.30·coherence + 0.25·precision + 0.15·compression. The published score averages the raw tape exchange scores and shrinks small samples toward the cohort mean, so five great answers can't beat twenty good ones. Produced feed rows count only toward coarse estimates, never toward a full score.

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Answered produced feed D 5 · C 5 · P 4 · Cm 4 4.60

Q Nice. Very nice. And then, so you see some success with this, with this product. Um, what, uh, what made you decide to, to list it on acquire.com?

A Uh, so I used to think that, like, I will spend most of my, uh, time working on Notion-specific products because, like, I did that for almost a year, and then a lot of people know about that, but then I did launch another product, and I had a little of an issue with Notion. So Notion basically not really like that product, and they have, as a platform, Have something to say about how I should approach that product. So for that, I do not really like that, like being told to do something by another company. So that's what, that's when I saw like the platform risk is something that like, I do not really like to work with. So before, because of that, I decided, okay, uh, Q is working. People are using the product customer requesting more features, but I'm not really interested in Developing it anymore. So it's better to let someone else who is more excited about this kind of problem to develop it further, and then I can focus on other products and problems.

AI assessment note: “I'm not really interested in Developing it anymore. So it's better to let someone else”

Answered produced feed D 5 · C 5 · P 4 · Cm 4 4.60

Q Yeah, that makes complete sense. So you, you listed on, um, acquire, and, um, what, what happened? What was your initial, like, impression when you listed?

A So like people talk about, I didn't really know how My Require worked before at all. I just know that like there is this My Require marketplace that every people, a lot of founders are selling their products successfully, uh, on the platform. So I just go to the website and then I just follow basically on the instruction there and just list my product. And, um, the one thing is like, I remember Like I needed to come up with the asking price, so like how much multiples of the ARR that I should ask for, and then I did a bunch of research, and then I asked a bunch of people, and then I come up with like, uh, seven or eight, uh, multiplies of the, uh, annual revenue, and I list the product there, and then just within like one day, there's just a lot of people reaching out and sending messages. I'm, I'm really surprised. I didn't really expect people to be that fast.

AI assessment note: “within like one day, there's just a lot of people reaching out and sending messages”

Answered produced feed D 5 · C 5 · P 4 · Cm 4 4.60

Q to hear. Um, okay. So you got all these buyers now and you got to find out who's The right one to work with. How did you end up, um, you know, deciding to sell to this specific buyer? You don't have to name them, but just what, what did they do to stand out? Um, what, what made you feel that the buyer you chose was the right one?

A Uh, yeah, I actually went through, like, two different buyers until I actually decided to sell to one of the buyers. So, like, one of the buyers was an indie hacker, so he's very similar to me. He's, like, a software developer who also want to start his own, like, SaaS company, and then he just really interested in the product, and, um, We did talk a lot. I really enjoy talking with him. I really wanted him to take over the project as like a solo founder and then develop it further, but then like, uh, He was not really happy, so that indie hacker wasn't exactly happy on the financial data when we do, like, due diligence, and because of that, like, it's, like, it makes sense, and there's nothing, so I didn't like anything on the listing, but, like, just, like, when he went deeper into the financial data and on, he saw, like, there's too much risk for him to take that business solo. So he decided to, uh, put that away. And then I talked to another buyer this time. He's not a developer. He's not an indie hacker. He owned a VC or he worked at a VC. I'm not so sure. He probably owned that VC. So he basically buying a few different products and he have like a developer's team that would just like develop that product further. And he just like have a portfolio portfolio of products within his VC. So that's why it's just make it much easier for me to see how this product can be develop…

AI assessment note: “make it much easier for me to see how this product can be developed and grow further.”

Answered produced feed D 5 · C 5 · P 4 · Cm 4 4.60

Q Oh, wow. That's a, that might be a record if I've heard one. Um, I guess, you know, my next question would be, so you're done with due diligence. Um, I assume you agreed to, you know, purchase price. Um, how did you go about, you know, transferring, um, the assets?

A So yeah, so we, we decided to break it into two payments, two installments. So the first half, he will pay, and then after I get that first half, I will transfer the, uh, assets of the company to him, and then The last half of the installment, we will point that into three different installment again. That's kind of weird, but then because like in the last part of, uh, access transfer, there's like a lot of, like, uh, code base, AWS accounts, Stripe account, all of these. So I, I try to get like a little bit more money, and then I transfer a little bit more. I get a little bit more money, and then I transfer a little bit more. So that's how it work. Basically just break it down into multiple installments.

AI assessment note: “we decided to break it into two payments, two installments.”

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