Startup Acquisition Stories
Startup Acquisition Stories with Martin Galovic, Founder of FanMetrics
Jan 22, 2024
Martin Galovic, Founder of FanMetrics, shares his coding journey and how he built FansMetrics.com, the biggest long-term search engine, eventually selling it for seven figures. The chapter also discusses their journey in creating a website that gained massive attention, tips for founders looking to sell their businesses, generating multiple offers, managing finances, and building relationships with AI using acquire.com.
15:38
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Quick takeaways
- Martin advises founders to negotiate better, prepare financial documentation, and make wise financial decisions after exiting a company.
- Martin highlights the importance of effective negotiation, providing comprehensive financial information, planning for the post-acquisition phase, and making wise investments with the windfall.
Deep dives
Building FansMetrics: A Journey from Curiosity to a Successful Startup
Martin, the founder of FansMetrics, shares his entrepreneurial journey of starting a website that estimates earnings of OnlyFans models. At just 20 years old, he built a simple website that gained massive traction, attracting millions of visitors every month. He discusses how the site evolved, adding a search feature and individual profiles for models, which led to even more growth. With a lean team and profitable business, Martin decided to sell the company. He talks about the acquisition process and advises other founders to negotiate better, prepare financial documentation, and make wise financial decisions after exiting.
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