Acquiring a $280k SaaS on MicroAcquire
Acquiring Minds
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The Rise and Fall of Microquirer
Microquirer was doing like 75,000 a year. And that's how they came up with... So I don't know what's changed in microquirer since then, but they simply asked for Forex revenue, which I think ended up being like 280. The story on this can get as juicy as you want, because there was a whole bunch of roads. But the high level is I signed an LOI and they accepted it and we started a due diligence period. That's when I learned that they had some whales of customers. In the last 12 months coming up to them, listing it, they had done like 1.5 million revenue.
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