Price: Incubating SaaS as standalone P&Ls eases exits by isolating operational staff
Kevin Price · Accucode Builds $30m ARR SaaS Tool Inside of $70m Revenue Hardware Business · Jul 20, 2022 · at 9:44
AccuCode founder and CEO Kevin Price explains the operational rationale behind structuring internally incubated software ventures as separate P&Ls.
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“I run them. I run them as separate LLCs and I run them, you know, from day one as a standalone PL inside of AccuCode. And then, and that makes it actually makes it easier to exit because they only have to take the operational staff tied to that particular product. They don't have to take my marketing and my sales and my accounting. Because typically in an acquisition situation, they would have to, they would lay all those people off anyway.”
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