Kevin Zickerman, founder of MyWiFi Networks, discusses inbound buyout interest received during the pandemic while talking with Nathan Latka.
0:00 / 0:05exact quote · 5.1s
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“We've had about four different takeout offers during COVID as well, I should mention.”
quote is from the automated transcript, cleaned for reading:
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More from Kevin Zickerman
PredictionOpen · timeframe Nov 2023
Zickerman predicts MyWiFi Networks will reach at least a $20M valuation
“We don't do very much marketing. We don't do any sales, and I think that once we do that, I will I'll be back on your show and telling you that I got at least 20.”
Kevin ZickermanNov 12, 2020▶ 19:45MyWifiNetworks Turned Down $5.4m All Cash Offer Last Month, Despite Loosing 30% Due to COVID
AssertionNot checkable as stated
Zickerman: MyWiFi captured 50M records in a year without monetizing them
“Over fifty million. Five zero. And that's not only email, it's sorry to interrupt, but it's MAC address of the device itself, it's gender, birthday you know, a lot of other demographic information, specifically MAC address, because that's trackable and, Assign…”
Kevin ZickermanNov 12, 2020▶ 8:23MyWifiNetworks Turned Down $5.4m All Cash Offer Last Month, Despite Loosing 30% Due to COVID
PredictionDidn’t hold up
Zickerman claims upcoming ISP deal will reach 300,000 businesses next year
“We're about to launch, I can't really talk about the deal, but a major hardware deal that's slated to have us in about 300,000 businesses next year, tier one ISP style.”
Kevin ZickermanNov 12, 2020▶ 18:51MyWifiNetworks Turned Down $5.4m All Cash Offer Last Month, Despite Loosing 30% Due to COVID
“Like it literally, like all the traffic went down 86%.”
Kevin ZickermanNov 12, 2020▶ 3:29MyWifiNetworks Turned Down $5.4m All Cash Offer Last Month, Despite Loosing 30% Due to COVID
AssertionNot checkable as stated
Zickerman: MyWiFi Networks lost approximately 30% of revenue due to COVID-19
“Our churn shot up to about 20, like, we lost about 30% of our revenue alongside our everything else.”
Kevin ZickermanNov 12, 2020▶ 4:14MyWifiNetworks Turned Down $5.4m All Cash Offer Last Month, Despite Loosing 30% Due to COVID
AssertionNot checkable as stated
Zickerman: MyWiFi retained 300 resellers after losing 25% of customer base
“So we have about 300 resellers. We lost about 25, you know, 25% of our overall base”
Kevin ZickermanNov 12, 2020▶ 4:57MyWifiNetworks Turned Down $5.4m All Cash Offer Last Month, Despite Loosing 30% Due to COVID
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