M&A Launchpad Bootstrapping SaaS Company from $0 to $40M Exit with David Sinkinson
In this episode of the M&A Launchpad Podcast, hosts Feras Moussa and Casey Minshew welcome special guest David Sinkinson. David and his brother Chris founded AppArmor. David discusses his experience founding and growing this public safety software company with his brother. The discussion navigates through their journey from bootstrapping the startup, achieving significant revenue growth, overcoming setbacks, and eventually negotiating a major acquisition by Rave Mobile Safety in 2022. However, that is not the end of the story. Soon after their first exit to Rave, Motorola acquired the business for over $500 million.
David shares key insights on startup methodologies like the lean model canvas, iterating and scaling efficiently, managing customer feedback, and effective strategies for achieving a successful exit. The episode also offers a glimpse into the acquisition process, from initial approaches and negotiations to due diligence and closing the deal, providing valuable lessons for both aspiring and experienced entrepreneurs.
In this episode we discuss:
- Bootstrapping to a Successful Exit
- Working with Your Brother
- Unconventional Routes to Growing a Company
- Equity Later or Payout Now
You can connect with David on LinkedIn: https://www.linkedin.com/in/davidsinkinson/
Additional Resources:
- Work with a Trusted Quality of Earnings and Financial Diligence Partner who focuses solely on Business Acquisitions:
- Schedule a discovery call with Patrick of O'Connell Advisory Group—Your Dynamic Quality of Earnings Partner.
- Access our archive of video interviews on YouTube
- Get in touch with show hosts Casey Minshew and Feras Moussa at - info@equitylaunchpad.com
- Looking to invest in M&A opportunities or partner with an advisor to acquire, scale or sell your business? Visit Equity Launchpad
- Attend an upcoming M&A Launchpad Conference: https://www.malaunchpad.com