Pieter Levels
๐ค SpeakerAppearances Over Time
Podcast Appearances
But sometimes I need to like, I need to search a video how to do something. And then I go to YouTube and then I had these YouTube shorts. These YouTube shorts are like, they're like algorithmically designed to just make you tap them. And I tap and then I'm like five minutes later with this face like, and you're just stuck. And it's like, what happened?
But sometimes I need to like, I need to search a video how to do something. And then I go to YouTube and then I had these YouTube shorts. These YouTube shorts are like, they're like algorithmically designed to just make you tap them. And I tap and then I'm like five minutes later with this face like, and you're just stuck. And it's like, what happened?
I was gonna open, I was gonna play like the coffee mix, you know, like the music mix for drinking coffee together, like in the morning, like jazz. I didn't wanna go to shorts. So it's very difficult.
I was gonna open, I was gonna play like the coffee mix, you know, like the music mix for drinking coffee together, like in the morning, like jazz. I didn't wanna go to shorts. So it's very difficult.
I was gonna open, I was gonna play like the coffee mix, you know, like the music mix for drinking coffee together, like in the morning, like jazz. I didn't wanna go to shorts. So it's very difficult.
Man, you shouldn't ask me because I never sold my company.
Man, you shouldn't ask me because I never sold my company.
Man, you shouldn't ask me because I never sold my company.
Yeah, it's kind of sad, right? Like, So I've been in a lot of acquisition, like deals and stuff. And I learned a lot about finance people as well there, like manipulation and due diligence and then changing the valuation. Like people change the valuation after. So a lot of people string you on. to acquire you. And then it takes like six months. It's a classic. It takes six to 12 months.
Yeah, it's kind of sad, right? Like, So I've been in a lot of acquisition, like deals and stuff. And I learned a lot about finance people as well there, like manipulation and due diligence and then changing the valuation. Like people change the valuation after. So a lot of people string you on. to acquire you. And then it takes like six months. It's a classic. It takes six to 12 months.
Yeah, it's kind of sad, right? Like, So I've been in a lot of acquisition, like deals and stuff. And I learned a lot about finance people as well there, like manipulation and due diligence and then changing the valuation. Like people change the valuation after. So a lot of people string you on. to acquire you. And then it takes like six months. It's a classic. It takes six to 12 months.
They want to see everything. They want to see your stripe and your code and whatever. And then in the end, they'll change the price to lower because you're already so invested. So it's like a negotiation tactic, right? I'm like, no, I don't want to sell, right? And the problem with my companies is like they make... you know, 90% profit margin.
They want to see everything. They want to see your stripe and your code and whatever. And then in the end, they'll change the price to lower because you're already so invested. So it's like a negotiation tactic, right? I'm like, no, I don't want to sell, right? And the problem with my companies is like they make... you know, 90% profit margin.
They want to see everything. They want to see your stripe and your code and whatever. And then in the end, they'll change the price to lower because you're already so invested. So it's like a negotiation tactic, right? I'm like, no, I don't want to sell, right? And the problem with my companies is like they make... you know, 90% profit margin.
So the multiple, companies get sold with multiples, kind of multiples of profit or revenue. And often the multiple is like three times, three times or four times or five times revenue or profit. So in my case, They're all automated. So I might as well wait three years and I get the same money as when I sell. And then I can still sell the same company. You know what I mean?
So the multiple, companies get sold with multiples, kind of multiples of profit or revenue. And often the multiple is like three times, three times or four times or five times revenue or profit. So in my case, They're all automated. So I might as well wait three years and I get the same money as when I sell. And then I can still sell the same company. You know what I mean?
So the multiple, companies get sold with multiples, kind of multiples of profit or revenue. And often the multiple is like three times, three times or four times or five times revenue or profit. So in my case, They're all automated. So I might as well wait three years and I get the same money as when I sell. And then I can still sell the same company. You know what I mean?
I can still sell for three, five times. So financially, it doesn't really make sense to sell. Yeah. Unless the price is high enough. Like if the price gets to like six or seven or eight, I don't want to wait six years for the money, you know? But if you give me three, like three years, nothing, like I can wait.
I can still sell for three, five times. So financially, it doesn't really make sense to sell. Yeah. Unless the price is high enough. Like if the price gets to like six or seven or eight, I don't want to wait six years for the money, you know? But if you give me three, like three years, nothing, like I can wait.
I can still sell for three, five times. So financially, it doesn't really make sense to sell. Yeah. Unless the price is high enough. Like if the price gets to like six or seven or eight, I don't want to wait six years for the money, you know? But if you give me three, like three years, nothing, like I can wait.