New trend for micro-startup acquisitions
Hey guys.
Today is our fiftieth anniversary issue. This week was crazy. I signed a few contracts with new customers for my front-end agency. Had a few calls with intelligent Microns subscribers and our premium members. It was a week of meetings.
At the same time, I traveled in the Kyiv region a bit. I like driving a car, visiting parks, and exploring unknown places.
Tomorrow I plan to change our pricing. It won't affect our current premium members, only new ones. We'll increase pricing to $199 per year and $49 per month. So if you wanted to start, it's a great opportunity.
P.S. I'm grateful to everyone who supports Ukraine in this challenging time 🇺🇦
👋 Welcome
Welcome to the 34 new people joining this week.
Let me know what you think of your first issue. Replying helps Google realize it’s not spam.
Prefer Twitter? Drop me a DM here.
Now let’s crack on with the newsletter ☕️
🤝 Recently acquired startup
One more successful deal on Microns. I'm glad that buyers on our platform make repetitive transactions. It makes me happy. Here is a story behind this one.
Sam (buyer) has been a software engineer at startups for over ten years, and he wanted to get his feet wet running his own business. The things he was looking for were:
- Existing paying users (less than 20 to keep things simple)
- Interesting product (something he could use himself)
- Technical founder (he didn't want to take over work from contractors)
Some time ago, I, with my VA, started vetting new startups submitted to Microns. We created criteria to check for scams, revenue/traffic metrics, and evaluate pricing.
This way, the buyers don't spend valuable time on such things. In addition, we strived to align with our buyers' vision on desired listings.
When I asked for Sam's feedback, I was happy he noticed this improvement.
The seller was responsive, and once we agreed on a good price, he was very helpful with the transition.
Positive aspects of the platform include helpful people. Ilya answered any questions I had on time and had excellent curation.
None of the scammy businesses I saw on other platforms. I look forward to hopefully acquiring more businesses in the years to come. -- Sam
🧶 New trend: micro startup acquisitions
More and more people tend to make small but valuable deals, micro acquisitions. I spied this tendency for two years and can confidently say it is in the initial stage.
I see more professionals like developers, marketers, and PMs joining the space and working on side hustles in their spare time. It is the same with non-technical founders striving for validated projects with ambitions to grow them.
In my next post, I answered a few fundamental questions: what is a micro-startup, and how can you benefit by owning one? This post is just my point of view on how big tech started the trend, and it evolved to the masses.
The Next Big Thing in Startups for Sale – Micro Startup Acquisitions — www.microns.io Micro startup acquisition is the process of buying very small companies or projects with the potential to scale. These micro startups are small businesses with less than ten employees.
👀 Looking for partners
🗄 Looking for a marketing co-founder. I am currently working on an inventory management web application targeting small businesses. There are other competitors in the same market, but my idea is to try to take a small market share and slowly build this application on the side until it is generating a side profit. You can reach me via email.
🏪 We launched a headless cross-platform storefront working on top of Shopify/BigCommerce/Swell. Looking for someone with a background in the eCommerce tools space to join the team and handle SEO and growth. Feel free to contact us.
📽 I built an app that can change stream overlay or make short clips that could be replayed. I'd like to still work on the project as co-founder/developer I need someone to brainstorm and help to find the right market strategy. Reach me if interested.
If you’re stuck and looking for a tech or marketing partner, shoot me an email. Let’s build more awesome micro-startups together 🚀
📰 Looking for new owners
Shortcut Key Image Generator
Pre-revenue
Business model: free for now
400 users
Target audience: people who design and write application onboarding, tutorials, or documentation
Built with React and Next.js
Founded in 2022
🔥 Asking Price: $950
Kids Focused Mobile App
$21 in revenue
Business model: freemium
616 users
Target audience: parents with kids aged 6-15
Built with Java and Python
Founded in 2021
🔥 Asking Price: $3,000
Digital Downloads Shopify App
$4,320 in ARR
Business model: SaaS
175 customers
Target audience: creators selling digital products
Built with Django and Vue
Founded in 2022
🔥 Asking Price: $20,000
💡 Wisdom from subscriber
💌 Share with a friend
If you found value in reading this issue, please share it with your friend.
Stay awesome,
Ilya Novohatskyi