BowTiedWaterBuffalo

Maximize your wifi-money exit and survive.

[ZKsync @zksync]

Baby Alpha is here! We are proud to announce that today we hit our Baby Alpha milestone and have begun the march to Fair Onboarding Alpha and Full Launch Alpha.

https://t.co/8PBC9sRNPS

What we've accomplished and what's ahead 🧵 (1/6)

[ZKsync @zksync]

We’re excited to share, we have:

1) Raised $200M and now have a total of $458M in mission-driven funding
2) Decided to go FULL OPEN SOURCE at our next milestone
3) Reserved ⅔ of a potential future token for the ecosystem
4) Formed a partnership with @OpenZeppelin

👇1/8

[BowTiedWaterBuffalo @BTWaterBuffalo]

only exit when the price exceeds the value

[BowTiedWaterBuffalo @BTWaterBuffalo]

@BowTiedCrow even as a connoisseur of the herb, no one can disagree it’s impaired (dui) driving - i’ve even been pulled over and “sobriety tested for weed” while stoned and passed…terrifyingly

[BowTiedWaterBuffalo @BTWaterBuffalo]

@BowTiedNightOwl big facts and may as well double click on the narcissism and racism hyper prevalent in big fuh-nance

[BowTiedWaterBuffalo @BTWaterBuffalo]

Sometimes a good time to sell is the top. Other times it’s the best time to take on more debt. Few.

[BowTiedWaterBuffalo @BTWaterBuffalo]

There's a million ways to start a business, but only one way to sell it: someone else buys it from you.

[BowTiedWaterBuffalo @BTWaterBuffalo]

Fridays for most are the beginning of relaxation. Fridays for the elites are the beginning of 3-day personal success benders.

[BowTiedPickle.eth | Solidity Shipper @BowTiedPickle]

Making a BowTied account is free. Executing on the killer advice already floating around the Jungle is free.

Equal opportunity, unequal results.

If you think this thread would help a new anon, please RT for visibility.

[BowTiedWaterBuffalo @BTWaterBuffalo]

yo when did laserhodl get back on the grind? lfg

[BowTiedWaterBuffalo @BTWaterBuffalo]

@BowTied_Bengal @BowTiedHumpback @BowTiedOx important to stretch and strengthen side knee muscles to prevent the tears that cause from bending them sideways - side planks are a decent way to work those muscles actually, but certainly not the best

[BowTiedWaterBuffalo @BTWaterBuffalo]

Not all cash flows are created equal.

When selling your business, it’s important to always describe cash flows as “recurring” even if they’re not guaranteed.

Most sophisticated buyers will discount these claims heavily.

This is why SaaS business models have gone parabolic.

[BowTiedWaterBuffalo @BTWaterBuffalo]

Selling a business has nothing to do with the stock market and everything to do with your business

[Kevin Heintz @AskCoachKev]

Every piece of fitness advice I could come up with after 6 years in the gym:

1. Stop drinking alcohol.

[BowTiedWaterBuffalo @BTWaterBuffalo]

@ArbitrageAndy1 got chills reading - well done i’m this one

[BowTiedWaterBuffalo @BTWaterBuffalo]

this is the way

[Night Owl @NightOwlCapital]

If you want to see how you perform in a TRULY equal playing field, build something from scratch anonymously.

[BowTiedWaterBuffalo @BTWaterBuffalo]

The same principles of selling an 8 figure business apply to a 5 figure business

Precedent transactions and identifiable cash flows or path to profitability are the only true benchmarks sophisticated buyers are looking at

After that, it's all negotiations

[BowTiedWaterBuffalo @BTWaterBuffalo]

MicroAcquire has quickly become the largest online marketplace to sell your small software business

They even have a white-glove service that will handle the entire sales process, why wouldn't you use it?

Because they charge 5% and you need $1-5M+ of prior year revenue

[BowTiedWaterBuffalo @BTWaterBuffalo]

What about the little guy?

A majority of small software businesses reach peak growth under a single proprietor well before achieving $1M in gross sales

These business owners serve to command a much lower take rate given the scale and complexity

[BowTiedWaterBuffalo @BTWaterBuffalo]

hustle, build a business, sell it, ???, sip beer on the beach