Last week I learned a lot. Not only things about growing, but also about my goal, product, and audience.
One of the things worth to mention I started actively working on my Twitter account.
Previously, I didn’t pay enough attention because I thought that I don’t need it and it isn’t easy.
But in two weeks, I understood that my target audience is here. Makers, creators, founders, and other creative people I met.
Love this place ❤️
P.S. And what is your favorite place you hanging on? Reply to this email.
P.P.S. Don't forget to click on the startup's name to open the presentation with the startup's details.
I met Antonio when looking for new startups to post. I went through @IndieHackers and found Alfa Data.
So I decided to write an email to the founder. After a few hours, he responded to me.
It was cool, and I wanted to know the whole story.
I asked him, so my subscribers understood how the acquisition could flow.
He told me he listed the app on MicroAcquire and created a one-pager with the numbers, users, cost, and revenue.
After that, he was contacted by several people directly on the platform. So he made a call with a few of them, and in the end, received 3 offers.
They did the transaction via an escrow service, and the bureaucratic process did not involve much paperwork. He only signed non-competing and asset purchase agreements.
The transition period was the most difficult part for him, as he kept the website online and onboarding the new technical team, but overall, it took less than 2 months.
Asking Price: $8,500
Asking Price: $6,000
Asking Price: $1,800
Asking Price: $50,000
How we've just acquired a (potential) competitor and turned it into a huge LEAD MAGNET.
🧵 The story 👇
— Tibo - 42/100 (@tibo_maker)
Jul 15, 2021
Thank you for being with me! Let me know if you have a story about developing, growing, selling, or buying a startup. Reply to this email.