Hatchbuck CEO would instantly reject a $10M buyout offer from EIG
Don Breckenridge, Jr. · EP 449: SMB SaaS <3% Churn, $5M Raised, $200k MRR Helping SMB's Manage Relationships with Hatchbuck CEO Don Breckenridge · Oct 16, 2016 · at 16:28
Don Breckenridge, Jr., CEO of Hatchbuck, responds to Nathan Latka asking whether he would accept a 5x ARR buyout offer from Endurance International Group.
0:00 / 0:01
720p mp4 · rendered on demand · StarZero watermark
“No way.”
quote is from the automated transcript, cleaned for reading: filler sounds and stutters are removed, nothing is rephrased. names can be misheard (the analysis reads context, assessments check outside sources). how →
More from Don Breckenridge, Jr.
Average SMB SaaS monthly churn is between 3% and 7%
“In the SMB space, you'll see an average of three to seven percent.”
SaaS startups should pivot to scale acquisition at $1M to $2M ARR
“With these SaaS companies, you spend several years building the foundation, building the product, building the team, building everything. And then once you get to say one, two million dollars of M of AR, then you, then the goal is to grow and scale the busines…”