Variato

3 statements across 1 episodes · 0 bullish · 0 bearish · 1 people on the record · first statement Oct 13, 2022 by Brad Miller · across every show →

Everything said about Variato, oldest first

Oct 13, 2022
Assertion Not checkable as stated
Miller: Awareness Tech exited for $35M in 2020 after turnaround
“They went from losing money to making two million dollars, and so we were before we bought them, we were you know, a twelve million dollar business making four at this point, and they added they were eight and two now, and so now we were 26, and then we said, …”
Brad Miller Oct 13, 2022 ▶ 12:30 Masters of Debt: How to buy a $5m SaaS Company Using Debt, Grow to $20m, Then Flip for a Huge Gain
Oct 13, 2022
Assertion Not checkable as stated
Miller: Variato Sold to VCs for $45M at $15M Revenue, $6M Profit
“I got outbid heavily because they got sold for forty five million to Two VCs. And it was a nice, you know, business doing fifteen million of revenue, making six million of profit.”
Brad Miller Oct 13, 2022 ▶ 9:12 Masters of Debt: How to buy a $5m SaaS Company Using Debt, Grow to $20m, Then Flip for a Huge Gain
Oct 13, 2022
Assertion Not checkable as stated
Miller: Acquired competitor Variato for $3.5M after initial $19M valuation
“We started a negotiation where we were going to pay them. Nineteen million dollars on it. Then they were doing twelve million of revenue. But by the time we close the deal, they were on a Eight million dollar run rate, and they had run out of money, and they c…”
Brad Miller Oct 13, 2022 ▶ 10:20 Masters of Debt: How to buy a $5m SaaS Company Using Debt, Grow to $20m, Then Flip for a Huge Gain
Made with StarZero

Turn any episode into a week of clips.

This entire site, over 2,600 episodes transcribed, diarized, checked and made playable, runs on the StarZero media pipeline. Drop in your own episode and the podcast clipper finds the moments worth sharing, cuts them, captions them, and reframes them for every feed.