GrowthStack founder Kevin Peterson reflects on fundraising and what he wishes he understood earlier in his career regarding capital markets.
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“The hardest thing to do in business is for any business owner ever is to raise a million dollars. It's actually easier to raise 10 or 20 or 50.”
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More from Kevin Peterson
Opinion
Peterson: Most SaaS Sellers Are Product-Focused and Avoid Sales Teams
“What I'm seeing in the SaaS space is that founders tend to be tech savvy, but not business savvy, and that's not a slight against any founders. It's just the way founders in this space are, right? So SaaS founders are very good at identifying a need in the mar…”
Kevin PetersonJul 18, 2021▶ 8:09He'd Sell Keyword Research SaaS $750k ARR For $1.5m, $250k in Profits
Disclosure
Peterson's Micro-PE Portfolios Paid 13% To 22% Quarterly Dividends
“Depending on the portfolio is between, so let's say, 13% on the low end to twenty-two-ish on the high end... Paid out like quarterly? Quarterly, yeah.”
Kevin PetersonJul 18, 2021▶ 7:06He'd Sell Keyword Research SaaS $750k ARR For $1.5m, $250k in Profits
Disclosure
Peterson Exited $1M SaaS Acquisition Picreel For Under $500k
“No, we just recently exited that position... Within the last 90 days... Yeah, all in it was, yeah, all in it was sub 500.”
Kevin PetersonJul 18, 2021▶ 9:27He'd Sell Keyword Research SaaS $750k ARR For $1.5m, $250k in Profits
Disclosure
GrowthStack Acquires B2B SaaS For 4.5x To 6.5x EBITDA Multiples
“Our investing thesis today is that we locate by operate and grow B to B SAS businesses that are producing between a million and a half and seven million EBITDA at time of acquisition. We trade on a multiple of EBITDA and we we're looking at four and a half to …”
Kevin PetersonJul 18, 2021▶ 15:07He'd Sell Keyword Research SaaS $750k ARR For $1.5m, $250k in Profits
Insight
Peterson: Low-cost global developers quickly clone successful SaaS models at 10% price
“Anytime there's a new model, you know, new SaaS model that's getting traction in the marketplace, instantly there are cheap knockoffs, right? There are people around the world where their dev costs are very low. They can take something to market very quickly, …”
Kevin PetersonJul 18, 2021▶ 16:23He'd Sell Keyword Research SaaS $750k ARR For $1.5m, $250k in Profits
Disclosure
GrowthStack Leverages Opportunity Zones To Shelter SaaS Rollup Capital Gains
“One is that we are operating in an opportunity zone, and we're using that legislation to pull SAS into an opportunity zone and protect cap gains for our investors.”
Kevin PetersonJul 18, 2021▶ 17:26He'd Sell Keyword Research SaaS $750k ARR For $1.5m, $250k in Profits
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