Hainstock: ZoomShift had six-figure revenue, low churn, and profitability when sold in 2020
John Hainstock · Episode 672 | Bootstrapping, Building, Buying, and Selling SaaS C... · Aug 1, 2023 · at 5:52
Jon Hainstock, former co-founder of employee scheduling SaaS ZoomShift and M&A advisor at Quiet Light, details the financial and operating metrics of ZoomShift at the time of its sale in early 2020.
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“Yeah, so we were profitable. We were both working full-time on it. We had a full-time customer support person doing six figures in, in revenue, and things were really pretty stable overall. Churn was low. Growth was like slow but steady.”
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