why aren't all 200 resolved? a statement only gets an assessment when the public
record can support or contradict it. opinions and what-ifs never can, and 3 checkable
ones are still open, waiting for their date. predictions held up or didn't;
assertions are supported or contradicted. on every card:
▮▮▮▮▮ certainty ·
▮▮▮▮▮ debate potential. speakers are clickable
Disclosure
Gazdecki: Acquire.com rejects most of its hundreds of monthly pre-revenue startup submissions
“We get literally hundreds per month, and some of them are, you know, there's just not, if we don't have If we don't think we can help it sell, we won't list it.”
Insight
Benjamin: Startup Acquisition Negotiations Are a Two-Way Sales Qualification Process
“Know it's a two-way street just because someone shows interest doesn't mean you have to spend a lot of time with them. Trust your instincts when it comes to dealing with a buyer, because some people could waste your time. It's kind of no different than like a …”
Insight
Gazdecki: Complete Upfront Documentation Greatly Increases a Startup's Acquisition Odds
“The more you prepare, like as you go live and just get all that information up front, It increases your chances of getting acquired by so, so much because buyers are looking at tons of different startups. And so if you have all that information readily availab…”
Disclosure
Benjamin: Renewal Tracking Received an LOI Within Seven Days on Acquire.com
“And then I think like within seven days we had an LOI.”
Assertion Not checkable as stated
Stefurak: Processed 50 to 55 buyer inquiries for Type/AI on Acquire.com
“I think I received Around 30 requests during the first week and maybe the same amount during the next week. So, yeah, so I process a process about 50, 55 requests in total.”
Disclosure
Stefurak: Type/AI went from launch to acquisition exit in three weeks
“Yeah, I think the last one is my favorite one because it was the fastest exit I have ever done. Only like three weeks from launch to exit.”
Insight
Stefurak: Serious startup buyers bring prepared questions and pay for transition help
“A good sign is when the buyer has questions prepared and ready to ask them. So we can address them right away. And another Positive sign to me is when a buyer asks for my help and willing to pay for it.”
Assertion Not checkable as stated
Kundra: $10K–$20K App Sales Take Weeks; Larger Sales Take Months
“And then for the selling I felt it was easier to sell the smaller products. They were like in the 10 to 20 K range. Those were faster. And I would also say like maybe two, three weeks. And this most recent acquisition, this most recent sale took longer. It too…”
Insight
Gazdecki: Founders must proactively contact buyers after NDA signing
“One mistake I commonly see when people list on a buyer is they just kind of list their product and people, you know, they'll sign the NDA and they don't reach out with a simple question. Are you interested? Do you have any questions? Can I help you? Are you wi…”
Insight
Gazdecki: Startup sales require buyer rapport for post-acquisition transition work
“When you sell a startup, it's not like handing over keys to a car, like, Hey, goodbye. Yeah, there's always some questions afterwards, and if you don't have, like, that goodwill built with the person, or you, like, you said it perfectly, like, if you don't vib…”
Assertion Not checkable as stated
Buddy received two all-cash LOIs within 24 hours on Acquire.com
“It wasn't more than 24 hours after I listed on acquire that I got probably five to 10 inquiries and received two unsolicited LOIs for at or above asking price and all cash.”
Disclosure
Tran: Listed Queue.so at 7x to 8x ARR multiple on Acquire.com
“Like I needed to come up with the asking price, so like how much multiples of the ARR that I should ask for, and then I did a bunch of research, and then I asked a bunch of people, and then I come up with like seven or eight multiplies of the annual revenue, a…”
Insight
Gazdecki: Buyers who conduct upfront pre-diligence stand out to founders
“Ones that do pre due diligence. Cause there's a lot of ways to, You know, look at website traffic with tools like Ahrefs or SEMrush or just looking up your Twitter page and any mentions from happy customers, stuff like that, using the product. I think those ar…”
Assertion Not checkable as stated
Listing Seen on Acquire.com generated seven to eight signed NDAs
“And yeah, I think after posting it, I had roughly seven or eight people that were, you know, had at least signed an NDA to, you know, to get more information or to do some due diligence.”
Assertion Not checkable as stated
Armin Urimpur: Apreva received nearly 50 NDAs in a week on Acquire.com
“When we went live, you know, I think within the first few days, we had upwards of 30, 40 NDAs, and then I think got up to closer to 50 over the next, you know, week or so”
Assertion Not checkable as stated
Napkin's Acquisition of Jamm Originated Through the Platform Acquire.com
“You guys brought, ultimately, the guy who, you know, initially reached out, came through acquire, and kind of connected us with napkin”
Disclosure
Oshinaike: Sold his personal car to fund Street Tag before listing
“Setting it up, because actually, funny enough, we had set it up a couple years earlier, and then after a while I remember selling my car, so that you can invest that money into the business, so then, you know, kick off again, so I just said, you know what, lik…”
Disclosure
Ulman Received Inquiries and Deals Within Two Weeks on Acquire
“I had multiple buyers within the first couple of days, first week. I'd say the story is the same with both products I sold. It was yeah, immediately having people reaching out, asking questions, and I think yeah, both times within the space of a week or a coup…”
Disclosure
Khan: ChatFi Received Around Three Acquisition Offers Before Selecting Buyer
“We had around, I think three three to five interested buyer. We got around three offers, I think, and four to five buyers for, we had a lot of detailed discussions, but we decided one of the buyer that was very suitable.”
Assertion Supported
Umar Khan: ChatFi was acquired on Acquire.com
“Later on, ah, we built another product, and ChatFi is our third product, and that recently got acquired on acquired.com.”
Assertion Not checkable as stated
Micro-acquisitions attract inbound from PE, agencies, and solo founders
“Just the inbound that I got with Just so many different people, like PE firms, and then, like, solo founders, as well as, like established, like, actual agencies, like, marketing agencies that wanted to, you know, expand to, like, design services and stuff”
Disclosure
Yardini Acquired EssayGrader on Acquire.com in Just 30 Days
“I saw SAGrader listed on acquire.com. SAGrader is the name of our company, SAGrader AI. And based on my background as a teacher entrepreneur I was like, this works. I understand exactly the pain point as a greater is solving for teachers. And we went and purch…”
Assertion Not checkable as stated
Ozdemir: GenPowerPoint Asset Transfer Was Completed in Under Three Days
“The entire transfer of assets and everything. I think took less than Three, three days or two days, something like that.”
Disclosure
Cooke: Pulse acquisition due diligence lasted two to three weeks
“That lasted for maybe, I'd say, two to three weeks, which I think was quite a short period, because I know it can go on quite longer”
Disclosure
Pulse received 50 to 100 inquiries overnight via Acquire newsletter
“And then I think it went out in a newsletter one of the days and I woke up the next morning and it was something like 50 or a hundred different requests to view the listing.”
Disclosure
Saini: Reetail's acquisition listing yielded 35 data room reviews and 3 offers
“I had about 30, 35 people look at that, and three were serious offers, and one was all cash, and it was the exact price I wanted.”
Disclosure
The Acquisition Lender Backed Out at the 23rd Hour
“The biggest issue that popped up was in the 23rd hour the financial company that was going to be fronting the loan for the buyer backed out of the deal.”
Disclosure
Ginan: TalkNotes deal generated over 20 signed NDAs and four buyer calls
“Like, at least signing the NDA, I have probably over 20. Message. Maybe between 10 and 15, like actual conversation, more interest hard to say. And calls, I think I did three or four, something like that.”
Disclosure
Miljevic: Agency Received Four To Five Serious Buyer Calls In Initial Weeks
“I think I've been with, I don't know, on maybe four to five serious calls with the prospective buyers.”
Assertion Not checkable as stated
Miljevic: Bounty Hunter Met Its Acquirer Within A Month Of Listing
“I listed on acquire maybe in November. And I had the first meeting with the buyer of bounty hunter in early December.”
Assertion Not checkable as stated
Metelsky: Prior startup sale on MicroAcquire fell through without M&A advisors
“There were no M&A advisors, I believe, and the last time the acquisition fell through, so it didn't happen.”
Assertion Not checkable as stated
Sinise: Linq Commerce received 50 acquisition inquiries on Acquire.com
“And yeah, I think we had 50 people reach out to us, maybe five or 10 who hopped on a call.”
Assertion Open · timeframe Mar 2024
Sinise: Linq Commerce sold on Acquire.com six months after listing
“We were able to go from listing and six months later selling.”
What-if
Sinise: Linq Commerce should have listed earlier during market peak
“I would have actually probably listed earlier when the boom was at a higher peak. But we just never ended up going through acquire.com at that time. We were just heads down on the app.”
Assertion Open · timeframe Jan 2024
TrustApps Co-Founders Sold on Acquire.com for Six Figures
“I'm here with Draylon and Danny, who recently got acquired for six figures on Acquired.com.”
Insight
Vanderheide: Answering Early Buyer Questions Progressively Improves M&A Data Packages
“People had a lot of questions, but anytime you go digging and you answer their questions, you know, you just put that with all the other data and then for any future folks that come along, it's there. And so the data you have available for people, you know, ju…”
Disclosure
Vanderheide Rejected Private Equity Offers to Sell Swimgen to Solo Developer
“Yeah, for SwimGen, I felt quite strongly about making sure the right person was taking it on, and so the private equity firms, family offices, the more businessy folks, I was shying away from a little bit. In the end, I did sell it to sort of like passionate, …”
Disclosure
Li: Moxa received 30 to 40 NDAs on Acquire.com
“So I don't remember exactly how many NDAs we got, but at least a few dozen, I'd say probably in the thirty-ish, 30 to forty-ish range and, you know, had conversations with about maybe 20% of them afterwards”
Assertion Not checkable as stated
Studia's 40-day acquisition process took longer than securing the LOI
“The acquisition process lasted 40 days. It was longer the acquisition process than actually the listing process itself.”
Disclosure
Gazdecki: Acquire.com is building a dedicated AI category to separate from SaaS
“We were literally working on that right now. Like I'm sick of seeing all these AI startups because they're under SAS and we're going to make a new category”
Disclosure
Kim: Finding a buyer on Acquire.com took roughly six months
“Like I you know, like I said, it was like around six months it took me for on a car.”
Assertion Not checkable as stated
Fastdok received acceptable acquisition offers in its third week on Acquire.com
“I did have like some low offers on, on, on the first two weeks, but later, like I think in the third week, we have the we started getting some good offers and we picked one.”
Assertion Not checkable as stated
Fastdok received four to five signed NDAs daily from prospective buyers
“Every day we have like four or five buyers who were signing the NDA to access the startup to see the listing and the information. And we have one or two talking with them, with us.”
Assertion Not checkable as stated
Acquire.com initially rejected Fastdok's listing due to incomplete data
“Mainly we got rejected the first time. As we, the data we put, like it wasn't complete, it wasn't In the point of view of a buyer, it will not be like a valuable or something that, that, that, that might attract buyers.”
Disclosure
Ayoub previously sold two other products directly via an escrow service
“I already sold two, two, two other products. But they were sold directly on, on a screw, but the process wasn't like as much and easy, like we have done with acquired.”
Disclosure
Jeff Richards nearly signed an early LOI before being advised to wait
“And we actually received an LOI that we didn't sign immediately. And we were thinking about signing it when we talked to this buyer and it was close to our asking price.”
Assertion Not checkable as stated
Scott: A Podcast Company received 16 acquisition inquiries
“I do, actually, 16, because my birthday is April 16th, for those that want to say 16. Exactly. 16 inquiries.”
Disclosure
Alex Rainey sold his fine-tuning startup to pivot to AI embeddings
“So that's why we actually sold the business because we just saw a bigger opportunity that was completely, I mean, related, I guess, in the AI space, but fairly different. And that's what drove us to sell it, not, not really anything else. It was just like, oka…”