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Adrian Dayton

๐Ÿ‘ค Speaker
447 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
How he sold his $2.3m SaaS with approx $500k EBITDA for $6m+ Cash

We took, we took a small amount of angel funding, you know, so it was kind of 50, 50.

SaaS Interviews with CEOs, Startups, Founders
How he sold his $2.3m SaaS with approx $500k EBITDA for $6m+ Cash

Yeah.

SaaS Interviews with CEOs, Startups, Founders
How he sold his $2.3m SaaS with approx $500k EBITDA for $6m+ Cash

We said we took about a million.

SaaS Interviews with CEOs, Startups, Founders
How he sold his $2.3m SaaS with approx $500k EBITDA for $6m+ Cash

Yeah, that's right.

SaaS Interviews with CEOs, Startups, Founders
How he sold his $2.3m SaaS with approx $500k EBITDA for $6m+ Cash

Like the sale of the company?

SaaS Interviews with CEOs, Startups, Founders
How he sold his $2.3m SaaS with approx $500k EBITDA for $6m+ Cash

Yeah.

SaaS Interviews with CEOs, Startups, Founders
How he sold his $2.3m SaaS with approx $500k EBITDA for $6m+ Cash

Yeah.

SaaS Interviews with CEOs, Startups, Founders
How he sold his $2.3m SaaS with approx $500k EBITDA for $6m+ Cash

So March 22nd, 2021.

SaaS Interviews with CEOs, Startups, Founders
How he sold his $2.3m SaaS with approx $500k EBITDA for $6m+ Cash

Yeah, absolutely.

SaaS Interviews with CEOs, Startups, Founders
How he sold his $2.3m SaaS with approx $500k EBITDA for $6m+ Cash

So I kind of got to this point where I had put my team in place.

SaaS Interviews with CEOs, Startups, Founders
How he sold his $2.3m SaaS with approx $500k EBITDA for $6m+ Cash

We had a great product and we kind of hit up against a TAM problem.

SaaS Interviews with CEOs, Startups, Founders
How he sold his $2.3m SaaS with approx $500k EBITDA for $6m+ Cash

So the industry just wasn't that big and we'd eaten most of the market.

SaaS Interviews with CEOs, Startups, Founders
How he sold his $2.3m SaaS with approx $500k EBITDA for $6m+ Cash

And after trying to pivot into other sectors, I just realized I just wasn't having fun anymore.

SaaS Interviews with CEOs, Startups, Founders
How he sold his $2.3m SaaS with approx $500k EBITDA for $6m+ Cash

And it was so much fun building it that it just kind of was time, right?

SaaS Interviews with CEOs, Startups, Founders
How he sold his $2.3m SaaS with approx $500k EBITDA for $6m+ Cash

So that's kind of what made me decide to sell.

SaaS Interviews with CEOs, Startups, Founders
How he sold his $2.3m SaaS with approx $500k EBITDA for $6m+ Cash

And also, we had turned the corner in terms of positive EBITDA.

SaaS Interviews with CEOs, Startups, Founders
How he sold his $2.3m SaaS with approx $500k EBITDA for $6m+ Cash

And so it was like, not only am I kind of feeling like I'm ready to sell, we have something that someone might buy.

SaaS Interviews with CEOs, Startups, Founders
How he sold his $2.3m SaaS with approx $500k EBITDA for $6m+ Cash

So how did you do that?

SaaS Interviews with CEOs, Startups, Founders
How he sold his $2.3m SaaS with approx $500k EBITDA for $6m+ Cash

Yeah.

SaaS Interviews with CEOs, Startups, Founders
How he sold his $2.3m SaaS with approx $500k EBITDA for $6m+ Cash

You don't want to think it's a fire sell, right?

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