Acquiring a $280k SaaS on MicroAcquire
An early buyer on MicroAcquire, Spencer Scott acquired a SaaS for $280k. He analyzed the deal like a rental property.
Key points from Spencer's story:
He wasn't looking seriously for an acquisition but saw an opportunity and grabbed it: Median.
The tech is what impressed him most. He couldn't believe the product was a small indy SaaS built by a couple developers.
Median was selling for about 4x revenue, which was $75k ARR.
Spencer learned the hard way to include teeth in an acquisition letter of intent.
Reach Spencer Scott at:
@AKASpencerScott
Spencer's SaaS acquisition, Median.
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The skinny
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