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881 total appearances
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Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
Lessons From $1bn in Exits: Behind The Scenes of the ThriveCart Exit

If you go to his office, he has a Ferrari, a Porsche, and a Lamborghini parked outside.

SaaS Interviews with CEOs, Startups, Founders
Lessons From $1bn in Exits: Behind The Scenes of the ThriveCart Exit

So most of his money was going back into cars, not into growth.

SaaS Interviews with CEOs, Startups, Founders
Lessons From $1bn in Exits: Behind The Scenes of the ThriveCart Exit

But profitable is very important.

SaaS Interviews with CEOs, Startups, Founders
Lessons From $1bn in Exits: Behind The Scenes of the ThriveCart Exit

When we got into the buyer process, I want to talk a little bit about some of the things that buyers care about and some of the things buyers don't care about.

SaaS Interviews with CEOs, Startups, Founders
Lessons From $1bn in Exits: Behind The Scenes of the ThriveCart Exit

And like I said at the start, this is never seen before.

SaaS Interviews with CEOs, Startups, Founders
Lessons From $1bn in Exits: Behind The Scenes of the ThriveCart Exit

We don't usually disclose this kind of information, but we speak to hundreds or thousands of buyers on every business we represent and sell.

SaaS Interviews with CEOs, Startups, Founders
Lessons From $1bn in Exits: Behind The Scenes of the ThriveCart Exit

And if you show the same business to 100 buyers, you will get completely different feedback from everyone.

SaaS Interviews with CEOs, Startups, Founders
Lessons From $1bn in Exits: Behind The Scenes of the ThriveCart Exit

Generally, you're going to fall into some people hate it, some people love it, most people are somewhere in the middle.

SaaS Interviews with CEOs, Startups, Founders
Lessons From $1bn in Exits: Behind The Scenes of the ThriveCart Exit

And some of the things that people hate are things that other people love, and some of the things people love, other people hate.

SaaS Interviews with CEOs, Startups, Founders
Lessons From $1bn in Exits: Behind The Scenes of the ThriveCart Exit

So there's no perfect business.

SaaS Interviews with CEOs, Startups, Founders
Lessons From $1bn in Exits: Behind The Scenes of the ThriveCart Exit

There's no business you can build which everyone will love.

SaaS Interviews with CEOs, Startups, Founders
Lessons From $1bn in Exits: Behind The Scenes of the ThriveCart Exit

There's always going to be people who don't like things.

SaaS Interviews with CEOs, Startups, Founders
Lessons From $1bn in Exits: Behind The Scenes of the ThriveCart Exit

So in this case, we took a selection.

SaaS Interviews with CEOs, Startups, Founders
Lessons From $1bn in Exits: Behind The Scenes of the ThriveCart Exit

So I had my team, I would lie if I said I got this data myself, had my team go through all of the feedback.

SaaS Interviews with CEOs, Startups, Founders
Lessons From $1bn in Exits: Behind The Scenes of the ThriveCart Exit

So we had hundreds of buyers who sent back feedback on this business.

SaaS Interviews with CEOs, Startups, Founders
Lessons From $1bn in Exits: Behind The Scenes of the ThriveCart Exit

And I think these are all things which are relevant to many in the room and relevant on many businesses.

SaaS Interviews with CEOs, Startups, Founders
Lessons From $1bn in Exits: Behind The Scenes of the ThriveCart Exit

So with the ThriveGuard business, things they liked was the fact strong financial profile.

SaaS Interviews with CEOs, Startups, Founders
Lessons From $1bn in Exits: Behind The Scenes of the ThriveCart Exit

So I showed you the revenue growth.

SaaS Interviews with CEOs, Startups, Founders
Lessons From $1bn in Exits: Behind The Scenes of the ThriveCart Exit

I showed you the profitability.

SaaS Interviews with CEOs, Startups, Founders
Lessons From $1bn in Exits: Behind The Scenes of the ThriveCart Exit

It was a good, slow-growing business.