Ranjit Bhinge, CEO of Atomic Fusion, explains his shift in mindset when evaluating micro-SaaS acquisitions on Acquire.com away from purely calculating future monetary returns.
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“I realized that, you know, it's not about how much money you can make from it, but it's about what you can do for that user base.”
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More from Ranjit Bhinge
Insight
Buyers need a different vision from sellers to scale acquisitions
“So sometimes it's important, like, as a buyer, I'd say, to have a vision of what the product could be. And it's good if that vision is different from the person who's selling it. That's just the way I see it because, you know, if there's an, if you see an oppo…”
Ranjit BhingeApr 4, 2023▶ 6:18Startup Acquisition Stories with Ranjit Bhinge, CEO of Atomic Fusion
Insight
Ideal acquirers view the target startup as a stepping stone
“The right person to sell it to would be someone who has a bigger goal in mind and your startup is a way to get there.”
Ranjit BhingeApr 4, 2023▶ 11:40Startup Acquisition Stories with Ranjit Bhinge, CEO of Atomic Fusion
AssertionSupported
Most no-code platforms restrict users from exporting their underlying code
“Most no code tools don't let you extract that code out.”
Ranjit BhingeApr 4, 2023▶ 8:05Startup Acquisition Stories with Ranjit Bhinge, CEO of Atomic Fusion
AssertionNot checkable as stated
Due diligence was simple because Atomic Fusion revenue was on Stripe
“Due diligence was not too complicated because everything was on Stripe. And there was some analytics tools. So it was basically a combination of those two things.”
Ranjit BhingeApr 4, 2023▶ 9:41Startup Acquisition Stories with Ranjit Bhinge, CEO of Atomic Fusion
Insight
Documenting operating procedures is critical for micro-startup sellers
“It's really important for them to be able to easily transition into operating that startup or that product. So like, you know, operating procedures are really important. Helpful. It's probably not something that most, you know micro startup founders really do,…”
Ranjit BhingeApr 4, 2023▶ 11:20Startup Acquisition Stories with Ranjit Bhinge, CEO of Atomic Fusion
Disclosure
Bhinge sold a gaming design app to an NFT entrepreneur
“I kind of realized this when I was selling this last app of mine. Last month. So it, it's basically it's, it was like a Canva for gamers, right? So, so gamers want to kind of design logos for themselves and their clans or groups. And this was like a Canva way …”
Ranjit BhingeApr 4, 2023▶ 11:53Startup Acquisition Stories with Ranjit Bhinge, CEO of Atomic Fusion
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