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Referral Platform Zferral Acquires SaaS App Store Cloudomatic
- sandipagr 16y agoCongratulations Jason!
- jasonlbaptiste 16y agothank you! We're excited to see zferral continue on with an awesome vision.
- brianbreslin 16y agoso does this get credited as a startup weekend miami exit success story? congrats btw!
- jasonlbaptiste 16y agoyes sir!!!!
- davidedicillo 16y agoCongrats Jason!
- dools 16y agoyer a busy man :)
- jtriest 16y agocongrats to you all. really excited to watch your companies blossom.
- keesmacklin 16y agoFrom one of the comments on the post: A quick search on Google shows Zferral has less than 40 customers (http://www.google.com/search?q=site%3Azferral.com+%22powered+by+zferral%22 http://www.google.com/search?q=site%3Azferral.com+%22powered...). Where are they getting the cash for the acquisition from? Is there something I'm missing?
- jasonlbaptiste 16y agoYeah, definitely not the case. Looking at that now. (I know the numbers.)
- paraschopra 16y agoInteresting to see one startup acquiring another startup!
- jasonlbaptiste 16y agoYup. Basic story is this: We built out all the technology to flow. It was/is launch ready. We had decided to pursue padpressed, no onswipe 500% full time. We became friendly with Jeff and he wanted to acquire the technology + bring us on as advisors. There was a good amount of cash that changed hands, not a ton by any means either. Equity was more than happy. We still believe in this vision and the zferral team is the one to do it.