Building The Largest Startup Acquisition Marketplace w/ Andrew Gazdecki (CEO)
In this episode, Shamus Madan chats with Andrew Gazdecki about MicroAcquire's vision and current operations. They discuss the streamlined acquisition process, startup vetting, and the high demand for AI startups. They delve into valuing early-stage startups, the importance of bootstrapping, and the overemphasis on venture capital.
Key Points
- Andrew Gasecki shared the story of his bootstrapped SaaS company, Business Apps, which scaled to $11 million in recurring revenue by utilizing a white-label reseller partner program that allowed global partners to sell their product.
- MicroAcquire, founded by Andrew, is a startup acquisition marketplace that has facilitated over half a billion dollars in acquisitions, focusing on profitable software companies and providing tools and resources to standardize and streamline the acquisition process.
- Despite prevailing narratives, raising venture capital is not the only route to startup success; many successful companies have bootstrapped their way to significant valuations, and founders should focus on building value through customers over pursuing venture capital.
Welcome everyone to the MBIT Podcast, where we discuss tech entrepreneurship and venture capital. Today Andrew Gazdecki, the CEO of MicroAcquire, joins us to discuss his company making it easier for other people to buy companies through their platform. Formerly Andrew founded Bizness Apps, a do-it-yourself mobile app builder allowing any small business to create, edit, and manage mobile apps online without any programming knowledge needed. It was featured in Inc 3 times as one of the fastest-growing companies in the US and later sold to a PE Firm. Through selling that business, Andrew took note of the friction in the process with founders struggling to find buyers, high fees, and inefficient transactions. Back to the drawing board, Andrew worked on a solution to solve this, and that solution was MicroAcquire.
Learn More About MicroAcquire Here: https://microacquire.com/
Twitter of Host: @mbitpodcast
Twitter of Guest: @agazdecki
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Transcript
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