Martin Webb, founder of Tudodesk, shares takeaways after bootstrapping his company to a seven-figure private equity acquisition with roughly 200 customers.
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“And what I found out, and the lesson that I've now learned, is you don't need as many users as what you think you need to get a big valuation.”
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More from Martin Webb
Insight
Webb: 200 Customers is the Solo Founder Limit for Complex SaaS
“So with something like to do desk doing it on your own with a product like that, it's a big product, a lot of support. Probably like 200 customers would be the max you could run at successfully on your own.”
Martin WebbFeb 20, 2024▶ 6:47Solo Founder, No Employees, Exits for $1m+ Keeps 100%
Insight
Webb: Struggling SaaS Founders Should Switch to Manual Phone Sales
“There are anomalies where that can happen, but for most of the founders that are watching the show that might feel they're struggling, it is user by user, and you really do want to be on the phone. If you're not picking up the phone, trying to get your users I…”
Martin WebbFeb 20, 2024▶ 12:51Solo Founder, No Employees, Exits for $1m+ Keeps 100%
Disclosure
Webb: I Build Profitable Businesses Solo With Zero Spending Before Selling
“I'm a solo founder. So when I start a business, I do it from a table. I invest nothing. I spend nothing. I do everything myself. And I take it from infancy idea right up to running profitable business. And then I look to sell it. And I've done this too many ti…”
Martin WebbFeb 20, 2024▶ 5:40Solo Founder, No Employees, Exits for $1m+ Keeps 100%
Insight
Webb: Target Private Equity Rollup Sectors for Solo Founder Exits
“If you're looking to sell, if you're like me, you're a solo founder, you've got an idea for an app where you want to build an app, build something in an industry where the equity companies are looking to buy software, right? Because these companies can come in…”
Martin WebbFeb 20, 2024▶ 7:59Solo Founder, No Employees, Exits for $1m+ Keeps 100%
Insight
Webb: Track Enterprise Valuation Instead of Monthly Cash Flow
“If you're going to build a business and you're looking to sell or just looking to build it, then too many founders are always going to look at their monthly revenue, what they're bringing in, what they're spending, what's left, what effort they're putting in. …”
Martin WebbFeb 20, 2024▶ 11:10Solo Founder, No Employees, Exits for $1m+ Keeps 100%
AssertionPartly supported
Webb: I Ported Sega Out Run to the Commodore 64
“I wrote numerous number one titles in the UK. And then in 1987, I'm famous for being the kid that did the Sega Outland conversion for the CBM 64 worldwide, which was at the time the biggest selling game in the world.”
Martin WebbFeb 20, 2024▶ 1:39Solo Founder, No Employees, Exits for $1m+ Keeps 100%
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