“So we actually, we started just about three years ago and we have our first assets for sale now. None of them have actually exited, but we have them Some that are actively for sale as recently as this month.”
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More from Kyle Kodawiski
Disclosure
Web Street Takes 10% Carry; Zero-Salary Operators Receive 23%
“Investors receive two-thirds, one-third goes to the is split between Web Street, we actually get 10% of the profit, and the operator, so the operator running the businesses they get the other 23%, and the reason they get that portion is they have no salary, th…”
Kyle KodawiskiApr 2, 2024▶ 6:39They Put In $0 Salary and Still Own a Third of Every Fund
Disclosure
Web Street Withholds Quarterly Distributions to Buffer Working Capital Reserves
“So a lot of times we will hold back distributions for a quarter or two to help with fluctuations in inventory. So some of these that are FBA, Amazon businesses you know, these are very experienced operators. They can definitely be trusted to run the business a…”
Kyle KodawiskiApr 2, 2024▶ 10:17They Put In $0 Salary and Still Own a Third of Every Fund
AssertionPartly supported
Empire Flippers Recently Brokered a $15 Million Online Business Sale
“Recently they sold a business for around fifteen million dollars.”
Kyle KodawiskiApr 2, 2024▶ 2:53They Put In $0 Salary and Still Own a Third of Every Fund
Disclosure
Web Street Distributes Two-Thirds of Profits to Passive Investors
“It's a two third, one third split. So because you're not actively running these businesses, right? You don't own, you have no say in what's done in the businesses. You, the investors receive two thirds of the profit every quarter. And when these businesses are…”
Kyle KodawiskiApr 2, 2024▶ 5:33They Put In $0 Salary and Still Own a Third of Every Fund
Disclosure
Web Street Returns Capital with Interest if Deals Miss 90-Day Window
“What we do if we raise money and the operators aren't able to find a business that they want to purchase within 90 days, so they have a 90 day acquisition period, then the funds are simply just returned to investors. And we, we've done that. We would much rath…”
Kyle KodawiskiApr 2, 2024▶ 19:01They Put In $0 Salary and Still Own a Third of Every Fund
AssertionSupported
Top Online Business Brokerages Have Eclipsed $500M in Cumulative Sales
“Over the life of those brokerages, I know a few stats where they've done over half of half a billion dollars in sales and businesses brokered.”
Kyle KodawiskiApr 2, 2024▶ 23:10They Put In $0 Salary and Still Own a Third of Every Fund
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