WhatConverts Turned Down a $15M to $20M Competitor Acquisition Offer
Michael Cooney · Bootstrapper killing his VC backed rivals who raised $500m+ · Apr 30, 2022 · at 16:52
Michael Cooney, co-founder of WhatConverts, explains why he and his co-founder turned down an acquisition offer after publicly sharing their revenue metrics.
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“A competitor came along and made us an offer of seven X. So we were doing 2.1 million ARR at that stage, and they offered us 15 to twenty million.”
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