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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

And it's like, if my eight years ends in a successful sale, like, you know, I kind of think of my sale as like a double, you know, as a solid double I got.

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

I mean, I had an amount of money in mind and it was close enough to that number that it was kind of a no brainer.

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

Let me share this.

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

Okay.

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

So our EBITDA is,

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

was between, let's just say between four and $700,000 at the time of the sale, okay?

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

And the framework that we were bought under is 13 times EBITDA.

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

Okay, okay, interesting.

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

And so I was able to negotiate, right?

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

Because we're on a growth trajectory.

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

By the way, Clearview Social has now hit a million dollars in EBITDA in the two years since we sold.

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

So we've had great success for them since then.

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

And if I'd waited two years, yeah, I would have made more money, but it's like,

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

I have no regrets.

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

It was like the right thing at the right time.

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

How did you calculate that EBITDA?

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

Yeah, it really was projected 2021 EBITDA.

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

Yeah.