The Acquirers Podcast Niche Acquirer: Michael Girdley on Dura Software's hyper-niche software acquisition strategy with Tobias Carlisle on The Acquirers Podcast
Jun 22, 2020
Michael Girdley, Chairman of Dura Software, shares his journey from software engineer to angel investor. He discusses the art of acquiring hyper-niche software businesses, emphasizing the significance of financial analysis and operational management. Girdley also explores the unique investment philosophy that embraces challenges and the importance of structured systems for business growth. He highlights Dura's disciplined acquisition strategy and the current market dynamics, revealing valuable insights for aspiring investors and business owners.
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RSA Security
- Michael Girdley's first job was at RSA Security.
- RSA profited from patent trolling with the RSA algorithm, extracting fees for its use in internet security.
Investment Intersection
- Michael Girdley prefers the intersection of operations and asset allocation.
- He finds public equities boring but private equities interesting, leading him to angel investing.
Parlevel Systems
- Girdley's angel investments included a vending machine telemetry system company, Parlevel Systems.
- Parlevel capitalized on the lack of credit card capabilities in older vending machines.