A free & anonymous marketplace for owners of $100K+ revenue internet businesses to attract full & partial acquisition offers ⚡ by @lauritsjb & @jpdavidpeters
BREAKING NEWS:
@Flippa is acquiring @BitsForDigits to democratise M&A for startups in Europe and beyond!
With Flippa's vast network and resources, this acquisition will bring even more opportunities for buyers and sellers on https://t.co/vlPByXNyrX.
https://t.co/ml6DXEEyfe
And now, Flippa Invest has launched on Product Hunt 🚀
If you have an account, please go support us via the link in comments.
5 new rounds are live on the platform from growing startups looking to raise.
Check it out and leave feedback on PH 👇
Want to connect with likeminded business owners and acquisition entrepreneurs?
Join @Flippa's first Paris meetup event this Thursday!
Expand your network, chat with advisors and hear from entrepreneurs who successfully bought and sold businesses.
RSVP: https://t.co/RjQ5MxEB1U
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!
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!
We always recommend leaving listings open to offers if expectations are unrealistically high (eg 10-20x ARR)…
… but we would NEVER force sellers to list their business for sale with an asking price below their desired threshold!
Because https://t.co/vDOSZc32dp 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