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Ryan O'Neal

6 statements across 1 episodes · 2 bullish · 0 bearish · 1 people on the record · first statement Nov 12, 2022 by Ryan O'Neal · across every show →

On the record as a speaker too: Ryan O'Neal's record, appearances and statements → this page counts the times other people say the name.

Everything said about Ryan O'Neal, oldest first

Nov 12, 2022
Assertion Not checkable as stated
Curate closed its micro-acquisition of a competitor in just three weeks
“Our legal said, yeah, we've never seen anybody close like in three weeks before it just takes a long time on this. And, you know, never tell a CEO, like, no one's ever done this before, because that's, like, a personal goal for you. And we did. We closed it in…”
Ryan O'Neal Nov 12, 2022 ▶ 7:56 How we acquired a competitor for $40,000 (and why we'll never do it again)
Nov 12, 2022
Insight
Micro-acquisitions should be structured strictly as asset sales to move fast
“At least at this small of a deal, like, make it clean. Don't put in these crazy equity buyouts and all this stuff. Just make it super clean if you want to move fast. Strictly assets sell.”
Ryan O'Neal Nov 12, 2022 ▶ 8:30 How we acquired a competitor for $40,000 (and why we'll never do it again)
Nov 12, 2022 positive
Assertion Not checkable as stated
Curate fully deprecated the acquired competitor's platform in just four months
“We migrated them, we moved them from their platform onto ours, and we deprecated their platform in four months.”
Ryan O'Neal Nov 12, 2022 ▶ 21:48 How we acquired a competitor for $40,000 (and why we'll never do it again)
Nov 12, 2022 positive
Assertion Not checkable as stated
Curate spent $40K to add $250K ARR and boost valuation by $2.5M
“I could have said how I spent 40,000 dollars to get 250,000 of ARR and increase my valuation by 2.5 million”
Ryan O'Neal Nov 12, 2022 ▶ 1:08 How we acquired a competitor for $40,000 (and why we'll never do it again)
Nov 12, 2022
Assertion Not checkable as stated
Acquired competitor generated $120K in ARR but operated in the red
“They were in the red. They were making a 120,000, which is about a 10th of our size at the time.”
Ryan O'Neal Nov 12, 2022 ▶ 6:46 How we acquired a competitor for $40,000 (and why we'll never do it again)
Nov 12, 2022
Assertion Not checkable as stated
Competitor founder chose a flat $40K payout over a $60K earnout
“We ended up at 40,000. We actually gave them an option. We said, well, 60,000, and we'll do 20,000 up front, and then 40,000 if you if we have XYZ customers who stay on, or you could just do 40,000. And she's just like, I just want 40,000.”
Ryan O'Neal Nov 12, 2022 ▶ 5:27 How we acquired a competitor for $40,000 (and why we'll never do it again)
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