Disclosure certainty 4/5 debate potential 1/5

Lifetime deals limited Fastdok's profitability despite its high popularity

Moustaid Ayoub · Startup Acquisition Stories with Moustaid Ayoub, Founder of Fastdok · Aug 1, 2023 · at 4:03

Moustaid Ayoub, founder of Fastdok, explains the financial dynamics that led him to sell the platform on Acquire.com rather than continuing to operate it.

0:00 / 0:11exact quote · 11.8s
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“So we are, we were on a scale where we were very, very popular, but not very profitable. So all our revenues were coming from lifetime deeds.”

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Assertion Not checkable as stated
Fastdok's buyer had already acquired 11 other startups on Acquire.com
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Assertion Not checkable as stated
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Assertion Not checkable as stated
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