Fork Equity

5 statements across 1 episodes · 1 bullish · 0 bearish · 1 people on the record · first statement May 28, 2020 by Ryan Kulp · said 12 times in 1 episodes since 2020 · across every show →

Mentions by year

brought up most by Ryan Kulp (6), Nathan Latka (6)

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2020 12 mentions in 1 episode

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Everything said about Fork Equity, oldest first

May 28, 2020 neutral
Insight
Solo founders need $30k MRR with employees to match $10k solo profit
“Once you're at 15 KMRR and you hire even a couple of part-time developer support, now you're down to like five KMRR take home. And so it's this hedonic treadmill of like, you need to get to 25 or 30 KMRR with employees to make the same amount of money as 10 KM…”
Ryan Kulp May 28, 2020 ▶ 12:25 How to Acquire a $180k Revenue SaaS Company for $3k With Ryan Kulp
May 28, 2020 positive
Disclosure
Fork Equity scales $10k MRR acquisitions using a shared services team
“With us, because we can get some economies of scale, having a shared team, a centralized team of developers, marketers, and so on, it's like not a big deal to tag on a business at 10 KMRR. We can inject three K worth of development and support and design and e…”
Ryan Kulp May 28, 2020 ▶ 12:48 How to Acquire a $180k Revenue SaaS Company for $3k With Ryan Kulp
May 28, 2020
Assertion Not checkable as stated
Fork Equity generates roughly $1.6M per year in portfolio top-line revenue
“That's right. Around one point, yeah, around 1.6 a year.”
Ryan Kulp May 28, 2020 ▶ 20:04 How to Acquire a $180k Revenue SaaS Company for $3k With Ryan Kulp
May 28, 2020
Assertion Not checkable as stated
Fork Equity's course generates $7k to $8k monthly with near-zero effort
“Now this course has become its own portfolio project that makes seven, eight K a month. And we don't do anything, you know, like someone says, can you give me the spreadsheet template? That's our support. There's no bugs. There's no sales.”
Ryan Kulp May 28, 2020 ▶ 20:18 How to Acquire a $180k Revenue SaaS Company for $3k With Ryan Kulp
May 28, 2020
Assertion Not checkable as stated
FOMO.com was acquired for $105,000 using 10% debt from private connections
“We actually used debt to buy the FOMO.com domain. So we had the cash in the bank at the time, but I wanted to hire some new employees. I hired a marketer, hired a sales, this debt person, and I didn't want to blow it all on this.com. That was definitely just f…”
Ryan Kulp May 28, 2020 ▶ 27:41 How to Acquire a $180k Revenue SaaS Company for $3k With Ryan Kulp
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