why aren't all 17 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
Insight
Skaalerud: Micro-SaaS due diligence replaces manual data rooms with direct software access
“So if you think about traditional OG private equity and it's like, hey, we have a data room and this data room is stuffed full of like spreadsheets that have P and L's and, you know, customer concentration and personnel and salespeople and quotas and headcount…”
Insight
Gazdecki: Asset transfer can be harder than due diligence in acquisitions
“Transferring assets can sometimes be harder than due diligence, just because, like, I've heard stories of people having, you know, some really good products or businesses inside of a single AWS account, they got to pull it out Or a Stripe account with multiple…”
Assertion Not checkable as stated
Gazdecki: Startups connecting live analytics on MicroAcquire get 500% more requests
“We have data around startups that connect Stripe, or Barometrics, or any sort of analytics within MicroQuare. They get, like, 500% more buyer requests, because it really cuts down on the due diligence of the buyer.”
Insight
Gazdecki: Bundling multiple products in one Stripe account causes severe complications
“A lot of times what we see is founders keeping Multiple products within one Stripe account, and that's a whole new mess on its own.”
Insight
Saini: Isolate Stripe accounts per product to simplify future asset transfers
“Number two is always create separate accounts for all your products. It's hard to do but Stripe lets you have a separate account, like, you can have multiple accounts in your organization, so you can have a single product and then, sorry, a single account for …”
Insight
Providing upfront Stripe screenshots filters repetitive buyer questions during acquisition
“I took screenshots of most of the tools, like the revenue, MRR, churn, everything that they could find on, on our Stripe, just posted on, on the account, on Acquire. And I think that, that made the process a lot more because whenever someone reached out, they …”
Assertion Supported
Vanderheide: US-Canada Acquisitions Cannot Directly Transfer Stripe Accounts
“Because I was Canadian, getting acquired by American companies, we couldn't just transfer the Stripe account because it's, like, set as a Canadian entity type thing, so we had to actually, like, switch over Stripe keys and stuff, which wasn't as seamless, but …”
Disclosure
Aiello: DimeADozen generated up to $40K in three months with broken MVP
“We launched it in four days. I hated that website and Lord knows she did too, as a designer and product designer. It was a disaster, and it was, we have no user authentication. Add 50 different fonts, 30 different margins. Our landing page looked terrible. Obv…”
Insight
Thompson: Cross-border Stripe transfers require major code changes
“Transferring a Stripe account from one country to another, if you're transferring it within country, it's relatively straightforward, but from one country to another is wildly complicated and you need to make like a lot of code changes. And it's a really heavy…”
Assertion Not checkable as stated
Bragg: Stripe Atlas accounts cannot detach corporate entities during acquisitions
“My corporation entity was like connected to my Stripe account. I think because I use, what is it Atlas or whatever their product is called for that. Yeah. And apparently there's not a way that they can separate that from the whole like Stripe account. And so b…”
Assertion Supported
Bragg: Transferring Stripe accounts requires custom scripts for active subscriptions
“Stripe does have a you know, an easy interface to basically move products over or no, to move customers over. But then we had to like write the code and the script to move all the subscriptions and the payments and that over. And then start those again on the …”
Disclosure
Saini: Used an annotated Stripe export and software inventory for due diligence
“I made a sheet of all the software I knew that I was paying for and how much it was, That sort of stuff. So that was one sheet. The other sheet was a direct stripe export from the very first payment I took in all the way to now, and all of the pricing shifts I…”
Insight
Gazdecki: Isolated billing and cloud accounts simplify acquisition transitions
“So having it all in, you know, easily transferable accounts just makes all, you know, transitions so much easier.”
Disclosure
Stafurak: Type/AI asset transfer took roughly two hours to complete
“In terms of transferring, the project did not have any servers to transfer, so we transferred the domain, a Stripe account, a published project on Chrome Web Store, a website, a source code, and a list of leads, some marketing assets, and that, that's it. So w…”
Assertion Not checkable as stated
Due diligence was simple because Atomic Fusion revenue was on Stripe
“Due diligence was not too complicated because everything was on Stripe. And there was some analytics tools. So it was basically a combination of those two things.”
Assertion Supported
Ezeike: UK Stripe accounts cannot directly transfer to US buyers
“Because the Stripe was registered in the UK, you can't just transfer over to the US, you have to actually then create a new US one, and then Do this manual transfer thing, which I didn't know about before.”
Assertion Not checkable as stated
Daniel Ch: Emojics seller granted immediate Stripe and ChartMogul access
“What the seller did was immediately, I, so I asked for a bit of info and they've given me access to Google analytics, to chart mogul, to stripe. So I could instantly see through, through their guts, so to speak. I saw every transaction.”