The best startups are bought not sold. MicroAcquire helps startups find buyers. Simple as that. We’ll help you start conversations that lead to an acquisition. Free. Private. No middlemen.
This is really cool idea and Andrew very helpful on every step of selling your start-up. I got requests from buyers on next day after published my product.
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I can vouch for this. Andrew provides a very friendly and personal service to everyone. I've listed my startup a month ago and received quite a few offers.
@rachreneebell Great question, free, larger pool of serious buyers, specifically focused on SaaS, private, no commissions, the list goes on & on :)
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As promised to @andrewgazdecki here's the pro/con
Pro
- There are a lot of companies/ideas up here. You can be inspired from the mass number of idea. Most tell you in the public information what the thing was coded in which can further tell you a lot about technical talent/popular environments, etc.
- The why being sold is a roadmap/guidepost/cautionary tale on the pitfalls of doing your own thing. Stop reading GaryVee stuff and read/talk to these people for your in the trenches MBA.
- Well laid out. The summaries are 3 sentences with some quick numbers. You can scan this whole database to zero in on what you want smoothly with little hassle.
- The public/private process is exceptionally well done, with the ability to keep conversations in one spot. Nice.
Con
- This site should be considered Silicon Valley's version of Fantasy Island (you young folk, google it). The asks for some of these companies are beyond insane. Much of this insanity can be laid collectively at the feet of said Valley for managing to get people believing 10k in total revenue of 4 years is worthy of a 5 million dollar purchase payday. My grabbing of about 50 of these had fully 75% way outside any metrics that were reasonable even you factor in insane wow factor and sizzle, futures, etc. Be it a case of drinking ones on Kool-Air or, as I said SV and expectations being out of control. you will end up going great idea, too rich for my blood.
- A lot of these are what used to be called acqua-hire prospects. Typically a great idea that belongs as a feature of a larger, established product. Some 'decent' price was paid but really is a bonus to get the talent. A million bucks over 3 years, code/idea absorbed into X. Buy/build decision if you will. This is a con on the data, not on the site. A lot of these you won't be able to make a long term crazy big business. My angel investor/former VC lens is colouring it for sure but lot are features of bigger product.
- The sellers seem to think asking about the business is an invitation to connect on LinkedIn. That's annoying. I think this is being abused because the site uses LinkedIn as the sign-up mechanism and the sellers believe that in and of itself is the opportunity to hit me up.
Overall, I like this site and would encourage Andrew to run some queries and come up with some metrics that the industry could use like platforms/tools and other insights as I believer there is a mountain of good data in here.
I recommend everybody 'in biz' on both sides, grab your drink and wander through this site. Well done, Andrew.
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Do you plan to offer an option to not be anonymous and show the Brand or website? Seems like i'd click on more of these descriptions if they chose to not be anonymous to check out the product
@greg_egan Good question, for now no we don't have any plans for public listings but may in the future. MicroAcquire is a private marketplace for founders to sell without worrying about employees, customers, or competitors seeing their private details.
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