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Latest / Acquiring Minds

The Joy & Pain of Buying a Tech Business

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Felipe Corcuera bought an automation company that didn't offer AI. Since ChatGPT was released, he has had to adapt.

Topics in Felipe’s interview:

Imperfect information in the lower middle market

Pivoting from investing to operating

Finding a partner with complementary strengths

How he defines success during search

AI threats to traditional SaaS businesses

Testing for seller motivation

Valuation based on revenue

Aggressively reinvesting in the business

Pros and cons of…

The skinny

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