ThriveCart

“So even at exit, he only had a team of four people. Very small team.”

“The vast majority of their revenue is actually not SaaS. They had a SaaS product, but they sold it entirely one time. It was a lifetime license, and most people would think that's not a very good business, not a very good idea, but because they were monetizing…”

“Out of, I think we had 11 offers on this business. Kevin was the one that won, and it wasn't necessarily because his terms were the best, it's because Josh liked Kevin.”

“A thirty-five million dollar transaction the fund that acquired it, raised money, acquired Thrivecart as part of the deal, announced as a raise.”

“He got to the stage. He was paying himself over a million dollars a year.”

“The seller wanted a hundred percent cash, buyer wanted 20%. We met somewhere in the middle at 70%.”

“To be a top hundred partner of Stripe, The number a hundred process is about a billion a year. So the perspective they're about a top, top 100 strike partner.”

“Thrivecart at time of exit actually had over a billion dollars a year in GMV.”

“My understanding is the buyer is about tripled revenue of the business by renegotiating a partnership agreement with Stripe.”