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Disclosure
NotifyApp was acquired via zero-interest seller financing matched to revenue
“So we did a structure like that without interest without outside financiers. The monthly payments were similar to the revenue. We were able to grow it just above board of our monthly service payments. And then we introduced a clawback provision Such that if tw…”
Ryan Kulp May 28, 2020 ▶ 6:18 How to Acquire a $180k Revenue SaaS Company for $3k With Ryan Kulp
Disclosure
FOMO's product rebuild was financed with an $80k zero-APR credit card
“We just got a Chase credit card, 12 months, zero percent APR interest, and I think we put, like, 70 or 80 G's On that card. And then like month 10 of the of the accrual, we paid that off in full. So again, paid no interest and essentially did like a 80,000 dol…”
Ryan Kulp May 28, 2020 ▶ 8:04 How to Acquire a $180k Revenue SaaS Company for $3k With Ryan Kulp
Disclosure
Fork Equity scales $10k MRR acquisitions using a shared services team
“With us, because we can get some economies of scale, having a shared team, a centralized team of developers, marketers, and so on, it's like not a big deal to tag on a business at 10 KMRR. We can inject three K worth of development and support and design and e…”
Ryan Kulp May 28, 2020 ▶ 12:48 How to Acquire a $180k Revenue SaaS Company for $3k With Ryan Kulp
Disclosure
FOMO has over 5,000 customers including lifetime accounts
“5055 hundred. Yeah, there's a few hundred that are on a lifetime deal, so I don't know if you want to count those.”
Ryan Kulp May 28, 2020 ▶ 15:54 How to Acquire a $180k Revenue SaaS Company for $3k With Ryan Kulp
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