Tran: Queue.so acquisition payments were split into staged asset installments
Minh-Phuc Tran · Startup Acquisition Stories with Minh-Phuc Tran, Founder of Queue.so · Feb 14, 2023 · at 11:19
Minh-Phuc Tran, creator of Queue.so, discusses with Acquire.com CEO Andrew Gazdecki how he structured the financial milestones and asset handovers when selling his micro-SaaS startup.
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“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 assets of the company to him, and then The last half of the installment, we will point that into three different installment again.”
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