Startup Acquisition Stories Startup Acquisition Stories Ep #112 | Making $250,000 on His Second Sale on Acquire.com
Nico Jeannen just made a quarter-million dollar sale a couple weeks ago with the acquisition of his transcription product, Talknotes.
It’s his second sale after a string of roughly 17 startups that have seen increasing success.
Here’s how he made TalkNotes.
One day, Nico was trying to get Google to transcribe a voice note for him when he noticed the quality was poor. He crafted a prototype transcriber using an AI API and posted it on X.com (formerly Twitter) making $700 in just a few days.
He scaled further using his knowledge of SEO gained from previous projects.
Nico realized he didn’t want to spend hours fixing code and doing customer support after one round of bug fixes dipped customer acquisition by 70%. He wanted to sell quickly – before he burned out.
He listed on Acquire and secured an all-cash $200,000 deal in weeks with the help of Ebony on Acquire.com’s support team.
Listen to Andrew and Nico’s interview as they discuss:
- What Nico has learned about startups after building 17 of them
- Why Nico accepted a drastic price cut for his sale
- The dangers of playing buyers against each other
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About Acquire.com:
Acquire.com is the largest and most active acquisition marketplace for buying and selling online businesses. Acquire.com is the highest rated platform for both ease and quickness to match buyers and sellers.We cater to all types of online, revenue-generating businesses while producing the highest success rates for SaaS and eCommerce/DTC businesses in the M&A industry. Join over 350,000 entrepreneurs making life-changing connections and deals everyday.