Kosarek: OpenStore requires $500K+ revenue and 50% US customers for acquisitions
Frank Kosarek · Startup Acquisition Stories with Frank Kosarek - Head Of Sourcing at OpenStore · Apr 25, 2022 · at 3:45
Frank Kosarek, Head of Sourcing at OpenStore, outlines the baseline metrics OpenStore requires when evaluating e-commerce acquisitions.
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“We'd like to see at least 500 K in revenue from the last 12 months, trailing 12 months. We also like to see that Shopify makes up a sizable percentage of the overall business, so at least 70% of sales we need to see coming from Shopify. And then also we need to see that at least 50% of the customers are U.S. Based”
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