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Unat Bak

5 statements across 1 episodes · 0 bullish · 0 bearish · 1 people on the record · first statement Aug 22, 2022 by Unat Bak · across every show →

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

Everything said about Unat Bak, oldest first

Aug 22, 2022
Disclosure
Bak: TabSuite's $20M exit included $5M to $6M cash, plus equity
“So we, what I was saying is like, because we spent like roughly 500 to, you know, north of 500 K on physical like payments to either vendors, subscriptions, those actual capitalized costs the cash portion of the deal, you know, was roughly like the 10 to 12% r…”
Unat Bak Aug 22, 2022 ▶ 14:47 How he sold his $1m business for $20m Last Week
Aug 22, 2022
Disclosure
Bak built TabSuite as an EIR with $500K from an investment fund
“I was the entrepreneur in residence for a fund. And then I essentially built the product under them using 500 K from them.”
Unat Bak Aug 22, 2022 ▶ 12:32 How he sold his $1m business for $20m Last Week
Aug 22, 2022
Assertion Not checkable as stated
Bak reused the same engineering contractor team for three startups
“All our engineering was done by the same team that worked with me on the last business and the one before that we grew that.”
Unat Bak Aug 22, 2022 ▶ 10:38 How he sold his $1m business for $20m Last Week
Aug 22, 2022
Disclosure
Bak: The reported $20.8M valuation was an MOU price, later adjusted
“Well, that was, yeah, the initial price, the final price got you know, that was the MOU pricing, but then we adjusted slightly to reach like terms more favorable to both parties.”
Unat Bak Aug 22, 2022 ▶ 16:41 How he sold his $1m business for $20m Last Week
Aug 22, 2022
Disclosure
Bak: TabSuite Was at Breakeven Prior to Acquisition
“Yeah, we were break even.”
Unat Bak Aug 22, 2022 ▶ 18:14 How he sold his $1m business for $20m Last Week
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