Is the Market Dictating What Are These Assets Really Worth?

In this episode, Erasmus Elsner is talking to Andrew Gazdecki, founder of MicroAcquire. The episode was recorded when MicroAcquire was still a fully bootstrapped one person company. A few weeks later MicroAcquire announced that it had raised a $6.3m Seed round led by Bessemer Ventures.  

00:00 Intro 

01:09 What is MicroAcquire? 

02:55 Buying a micro-SaaS as a learning experience 

05:15 Andrew’s own founder path 

10:40 Key bootstrapper metrics 

14:53 Solving the chicken-and-egg problem 

19:17 Supply side: company profiles 

20:24 Marketplace discovery vs. transaction facilitation 

22:45 Microacquire marketplace monetisation 

26:51 Microacquire as a curated marketplace 

30:12 Dealing with inflated seller asks 

33:25 Disrupting the business broker industry 

35:45 Competitor marketplaces 

36:50 Scaling Microacquire 

38:10 Raising venture capital vs. bootstrapping