Serial entrepreneur Jaisal Rathee discusses his track record of rapidly launching and exiting micro-startups with MicroAcquire founder Andrew Gazdecki.
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“So last year in July, I built a startup and sold it on microquire within 30 days.”
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More from Jaisal Rathee
Disclosure
Rathee: Operating a build-to-sell micro startup studio model via MicroAcquire
“I'm trying to kind of build a micro startup studio almost. So it's more like a build to sell model. And using kind of sites like might require to achieve that.”
Jaisal RatheeAug 30, 2022▶ 4:13Startup Acquisition Stories with Jaisal Rathee (JR), Founder with 6x Exits
Insight
Rathee: Requiring a phone call filters out unqualified startup buyers
“Always asked for the buyer to jump on the call if they're interested because anyone who's kicking the tire, anyone who's not interested is not going to go forward because there's a ton of people who might reach out, but at the end of the day, they're not reall…”
Jaisal RatheeAug 30, 2022▶ 10:19Startup Acquisition Stories with Jaisal Rathee (JR), Founder with 6x Exits
Insight
Rathee: Founders should ignore early 1.5x to 2x lowball acquisition offers
“Every time I've listed a startup without fail. There's always that one person who lowballs you with like a 1.5 X multiple or two X multiple. It just says your startup isn't worth what you're asking for. I'll pay you this much. So, so don't fault them. Even if …”
Jaisal RatheeAug 30, 2022▶ 10:46Startup Acquisition Stories with Jaisal Rathee (JR), Founder with 6x Exits
AssertionNot checkable as stated
Rathee: Insanely Useful Websites Received a Purchase Offer Within 24 Hours of Listing
“24 hours later, 24 hours after listing on Microquire, not only did I have a few people who were interested in buying, but I actually had my first real offer within 24 hours, which was absolutely insane.”
Jaisal RatheeAug 30, 2022▶ 2:55Startup Acquisition Stories with Jaisal Rathee (JR), Founder with 6x Exits
“I started this about eight months ago. So December and December, 21, I started this and it's been growing really well. It's been doing really well. We had just under 5000 subscribers.”
Jaisal RatheeAug 30, 2022▶ 2:28Startup Acquisition Stories with Jaisal Rathee (JR), Founder with 6x Exits
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