why aren't all 88 resolved? a statement only gets an assessment when the public
record can support or contradict it. opinions and what-ifs never can, and 0 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
Assertion Not publicly verifiable
Rathee: Built and Sold a Startup on MicroAcquire in 30 Days
“So last year in July, I built a startup and sold it on microquire within 30 days.”
Assertion Not checkable as stated
Rathee: Insanely Useful Websites Received a Purchase Offer Within 24 Hours of Listing
“24 hours later, 24 hours after listing on Microquire, not only did I have a few people who were interested in buying, but I actually had my first real offer within 24 hours, which was absolutely insane.”
Assertion Partly supported
Gazdecki: Hootsuite's Ryan Holmes was MicroAcquire's first customer and investor
“For MicroRequire, it was actually Ryan Holmes, the CEO of Hootsuite, or now chairman, and I'm kind of a startup nerd, so when that came in, I was like, whoa, like, that's so cool, like, hey Ryan, I hope I don't let you down with MicroRequire. He's now an inves…”
Assertion Not publicly verifiable
Gazdecki says the PushEngage SaaS acquisition was a seven-figure deal
“That was a good seven figure deal.”
Assertion Not checkable as stated
Gazdecki: MicroAcquire has 150,000 registered buyers
“We have a 150,000 registered buyers.”
Disclosure
Nassar: 50% of interested startup buyers refused to sign an NDA
“And then, you know, I'd say off of that, like, 50% of the people didn't even sign it.”
Disclosure
Garcia closed two MicroAcquire startup acquisitions within three weeks in early 2022
“So yes, two companies February first, closed on February first, then what was yesterday and then closed on February 24th. So within, within three, three weeks of each other, something like that.”
Insight
Casel: Selling without a broker brings more noise despite serious marketplace buyers
“Without, again, like without a broker, you're sort of on your own and, but that's by design, right? Like that's like, I chose to go without a broker intentionally because basically because micro acquire exists that, that made this path a lot more viable. But i…”
Insight
Gazdecki: Upfront diligence data and responsiveness dramatically boost acquisition odds
“So the fact that the seller had, you know, all the information up front was responsive. Like all those things right there can dramatically increase your odds of being Acquired.”
Assertion Not checkable as stated
Gazdecki: Existing companies cross-selling products dominate MicroAcquire activity
“This is what I see the most on Microquire, is existing companies acquiring great products to sell to their existing customer base”
Disclosure
Homann: Sold Median on MicroAcquire for just under $300,000
“Yeah, a little more than that. Just under a 300 day.”
Disclosure
Daniel Jekaitis: Chatkick acquired Trinsley after finding it on MicroAcquire
“In, in late April, I think it was I saw the Trinsley product, which we ended up acquiring come onto the market on the platform. And I immediately reached out to the founder, David.”
Assertion Supported
Gazdecki: Daniel Jekaitis Acquired Startup on MicroAcquire for Around $250,000
“You recently acquired a startup at Microquire for around a quarter million, and you were telling me you bought something else as well”
Assertion Not checkable as stated
Userfeed generated 40 buyer inquiries and three acquisition offers in two weeks
“Probably 40, just like within the first like week or so, we had like 40 people reaching out, you know, requesting more information. I basically would, I spent a good amount of time kind of like weeding through those just to make sure that they were legit and, …”
Disclosure
Tara Reed discloses acquiring Copycat and Way on MicroAcquire
“So there's been two the first one is called copycat and it's a copywriting AI software. And the other one the most recent one is called way. And so it's a software that helps you build a website. So a website building tool. The first company was the founders b…”
Insight
Tung: Founders should mutually record live video calls to transfer acquisition assets
“And I think what was really important that I would recommend to anyone who goes through a process like this is we did a Google video call Where we record, we both mutually recorded the call, and then transferred everything on the call”
Insight
Tung: Buyer FAQs Help Startup Sellers Filter Out Non-Serious Acquisition Inquiries
“Building an FAQ document, kind of like a pseudo-help center for these buyers, Will allow you to focus more on the buyers that really are serious. And then the ones who you say like, hey, I have some questions. You send them the document. They never get back to…”
Disclosure
Tung: Passive income from Reporty enabled rigid valuation stance during acquisition talks
“The lucky position I was in is that the product is very passive income for me, and so I was pretty rigid in the valuation that I put out, and if A buyer said, I don't think it's worth that much. I was like, great. Good luck on all your other Micro Acquire acqu…”
Opinion
Tung: Solo SaaS founders do not need IPOs to achieve lucrative exits
“You know, I think we don't all need to be IPOs. We don't all need to be acquired by like Salesforce or whatever. So having an outlet and an exit strategy that is quite lucrative for those of us that are micro SaaS builders or, you know, solo founders has been …”
Opinion
Tung: Escrow.com lacks transparency during acquisition fund transfers
“There's a lack of transparency on that side, and I think what has been wonderful is Microfire has so much transparency on, on the actual relationship building experience”
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.”
Disclosure
Ezeike: Received an acquisition offer before listing on MicroAcquire
“We had actually received an offer from someone outside of micro acquire. And I think that's what first got me thinking, oh, actually, potentially I could sell this”
Assertion Not checkable as stated
Lillicrap Received First Alignr LOIs Within Four Months of Listing
“I put it up and I think within sort of maybe three to four months, I got the first LOIs.”
Assertion Not checkable as stated
Amann: About 20 buyers inquired on MicroAcquire, yielding three serious prospects
“Yeah, and if I remember correctly, I think the number of buyers was about 20 that, you know, had reached out and shown interest, and there was, in the end, there was probably three serious buyers that not only wanted to use the application, but wanted to build…”
Disclosure
Amann: 923 Studio spent nearly 100 hours preparing app transfer
“I think we spend almost a hundred hours of our own time just getting the application ready for the transfer.”
Disclosure
Miklas: Sold Shopify application for over 3x ARR on MicroAcquire
“At the end I sold for three something.”
Disclosure
Miklas: Built a startup specifically to solve a problem and sell on MicroAcquire
“When I decided to build something for micro acquired, I had no idea what was going to be. So it was like, I'm going to spend some time finding a nice problem, solve it build something, and then in the end sold it.”
Disclosure
Skelly acquired UTM Link Manager specifically because it had terrible marketing
“And so I came across UTM link manager and which is a short link short link builder and UTM link builder and really well built product, but I really just wanted to find a company that had terrible marketing or really no marketing at all and take my marketing ex…”
Disclosure
Sidhu acquired Sunrise KPI for approximately $10,000
“So it was a company called Sunrise KPI, and it, like I said, small acquisition. I think it was like, 10 grand US.”
Assertion Not checkable as stated
McBride: TripKit met over 30 prospective buyers after listing on MicroAcquire
“We had been contacted by well over a hundred. We didn't get to meet with everyone by any means. We kind of sifted through... We ended up meeting with probably well over 30 or 40 people.”
Assertion Not publicly verifiable
Gazdecki: Jaisal Rathee has sold five startups on MicroAcquire
“He has sold, or he has micro acquired five different startups, or have had five different startups micro required.”
Disclosure
Nassar: Soil and Clay received two serious MicroAcquire inquiries, three outside
“So I would say for micro acquire, I had like two serious inquiries, and then outside of micro acquire, I had like three serious inquiries,”
Assertion Not checkable as stated
Nassar: Ultimate acquirer came via MicroAcquire despite 250 outbound cold DMs
“Although I sent, like, 250 DMs, ultimately, the buyer came from MicroAcquire”
Assertion Not checkable as stated
Inlytics Received 30 Buyer Inquiries Over Two Months on MicroAcquire
“Roughly speaking, about 30 or something, like in, in the course of two months, I would say we were in touch with maybe 1516, 17 with them.”
Assertion Not checkable as stated
Gazdecki: Brian Casel holds the record for most acquisitions on MicroAcquire
“I think Brian holds the record for most companies sold on MicroQuire.”
Assertion Supported
Andrew Gazdecki: MicroAcquire hosts between 500 and 1,000 SaaS business listings
“Cause there's, you know, 500 plus SaaS businesses on my career.
I'm probably like a thousand”
Assertion Not checkable as stated
Homann: Median secured an LOI within ten days of listing
“So I ran a pretty tight process there, and within a week and a half, we had an LOI in hand”
Disclosure
Tara Reed: I Just Closed My Second Acquisition on MicroAcquire
“I actually just did my second. I haven't told you about this yet. I just closed my second Microacquire acquisition last week, the end of last week. So I'm now two on Microacquire.”
Disclosure
Gazdecki: MicroAcquire Premium was created to filter non-serious buyer inquiries
“That's one thing we've been building in is just better mechanics. And that's actually how we came up with the micro car premium program is before that you would have received like a hundred messages. And so we're constantly thinking of ways to really separate,…”
Disclosure
Nurmagomedov: Restpack acquisition closed in about three and a half weeks
“And we just closed the deal in like three weeks or four or something.
It was really quick.
Three or four, yeah.
Actually, it was supposed to close it three weeks, but he had some problems with paperwork, so it was like three and a half or something.”