4 ms·
That's correct, but it's important to point out the acquirer has an existing app with a user base in the millions it will use to cross-promote Tweet Photo. Bas
by marckohlbrugge 6y ago
That's correct, but it's important to point out the acquirer has an existing app with a user base in the millions it will use to cross-promote Tweet Photo.
Based on some initial tests and analysis of Tweet Photo's current funnel, that $20,000 goal seems more than plausible.
But you're right in that it's definitely not certain and this type of deal has some inherent risk.
- jbverschoor 6y agoIt's still a good experience to sell something, and go through the process. Congrats!
- giarc 6y agoI agree, I sold a small Saas and it was a lot of work getting everything in place. It heavily affected my future work and the way I set up the business. Even small things like using a password manager is super helpful when trying to hand over a business.
- OJFord 6y agoHave you done something like that before? Did you spend a chunk of your $10k on solicitor/lawyer to arrange it? Not necessarily saying you should have done, just think personally I'd be shy of anything more complicated than 'here give me cash and take this, kthxbye'.
- pc86 6y ago> just think personally I'd be shy of anything more complicated than 'here give me cash and take this You won't find any acquisition more than maybe $5k that is "Here's the cash, thanks and bye."
- unishark 6y agoEh I think many companies will go an order of magnitude higher than that before they start viewing it as "real money".
- silexia 6y agoI built and sold my side project for 60% more... Write up here... https://joelx.com/how-i-built-sold-my-dropshipping-biz-for-16100/11527/ https://joelx.com/how-i-built-sold-my-dropshipping-biz-for-1...