BitsForDigits
455 posts
@BitsForDigits
A free & anonymous marketplace for owners of $100K+ revenue internet businesses to attract full & partial acquisition offers ⚡ by @lauritsjb & @jpdavidpeters
Huge News! 🚨 SBA partial rollovers will not require the Seller to personally guarantee the buyer's debt. This means rollovers are now viable. More simply, this means that the seller can now sell between 81% and 99% of the business. Previously they had to sell 100% More to follow...
Headspace, the meditation app, was started it in 2010 by @andypuddicombe when he was 38 Before that he spent 10 years as a monk in Asia and 5 years building his own meditation studio in London Only after 15 years of that he founded a startup at 38 He exited last year at age 50 Not that 38 is old but people here still think they're too old to do a startup or make a life change and it's never true I've tweeted this so many times but average successful startup founder age is 45!
Because Acquire.com artificially limits the multiple I tried listing and they manually change your multiple to a super low one like 2x-3x Then they publish annual reports of the "market" multiples, but how does this work when THEY set them? Nothing market about this Not in seller's best interest at all And nowhere on their site they tell you this
