Justin Mares

2 statements across 1 episodes · 0 bullish · 0 bearish · 1 people on the record · first statement May 28, 2020 by Ryan Kulp · said 9 times in 5 episodes since 2016 · across every show →

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Everything said about Justin Mares, oldest first

May 28, 2020
Disclosure
NotifyApp was acquired via zero-interest seller financing matched to revenue
“So we did a structure like that without interest without outside financiers. The monthly payments were similar to the revenue. We were able to grow it just above board of our monthly service payments. And then we introduced a clawback provision Such that if tw…”
Ryan Kulp May 28, 2020 ▶ 6:18 How to Acquire a $180k Revenue SaaS Company for $3k With Ryan Kulp
May 28, 2020
Disclosure
FOMO's product rebuild was financed with an $80k zero-APR credit card
“We just got a Chase credit card, 12 months, zero percent APR interest, and I think we put, like, 70 or 80 G's On that card. And then like month 10 of the of the accrual, we paid that off in full. So again, paid no interest and essentially did like a 80,000 dol…”
Ryan Kulp May 28, 2020 ▶ 8:04 How to Acquire a $180k Revenue SaaS Company for $3k With Ryan Kulp
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