Disclosure certainty 4/5 debate potential 2/5

McBride enrolled in an MBA program to incubate her new startup

Grace McBride · Startup Acquisition Stories with Grace McBride, Founder of Lucia · Sep 20, 2022 · at 19:23

Grace McBride, founder of Lucia, explains why she used an MBA program to launch her marketplace company.

0:00 / 0:17exact quote · 18.0s
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“I literally went back to get my MBA because I thought I'm starting a new company. I loved starting a company in college. It provides so much, so many resources and so much protection from like the real world. No one really expects anything of you yet. But you also have, like, these brilliant professors around you that can give you feedback, and a ton of, like, free help, etc.”

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Assertion Not checkable as stated
McBride: TripKit eliminated discounts to boost revenue during acquisition prep
“When we got serious about selling, we had to really hone in on exactly what we were selling to the buyer and make sure that we weren't saying yes to ancillary projects. Make sure everyone was paying our subscription price and not getting any crazy discounts an…”
Grace McBride Sep 20, 2022 ▶ 8:22 Startup Acquisition Stories with Grace McBride, Founder of Lucia
What-if
McBride: TripKit likely could have sold for more with earlier margin scrutiny
“It would have benefited us when we were selling, so we could have sold for a higher price, probably if we had paid attention to that earlier”
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Assertion Not checkable as stated
McBride: TripKit met over 30 prospective buyers after listing on MicroAcquire
“We had been contacted by well over a hundred. We didn't get to meet with everyone by any means. We kind of sifted through... We ended up meeting with probably well over 30 or 40 people.”
Grace McBride Sep 20, 2022 ▶ 5:29 Startup Acquisition Stories with Grace McBride, Founder of Lucia
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