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Will Schroter

๐Ÿ‘ค Speaker
994 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
How Wil Schroter Made Money at 22 years Old to Eventually Launch Startups.com

And I don't think there's enough people that are going to be willing to fund 20 of those for that to sustain.

SaaS Interviews with CEOs, Startups, Founders
How Wil Schroter Made Money at 22 years Old to Eventually Launch Startups.com

And so it sounds cool, but I don't see the numbers adding up.

SaaS Interviews with CEOs, Startups, Founders
How Wil Schroter Made Money at 22 years Old to Eventually Launch Startups.com

And it's not that we didn't believe in crowdfunding.

SaaS Interviews with CEOs, Startups, Founders
How Wil Schroter Made Money at 22 years Old to Eventually Launch Startups.com

We just didn't see the growth arc that was going to be kind of our only ship to tie to.

SaaS Interviews with CEOs, Startups, Founders
How Wil Schroter Made Money at 22 years Old to Eventually Launch Startups.com

Also, we really, you know, kind of going into this realized that people need help with lots of stuff, which is kind of where we were going with biz plan and things like that.

SaaS Interviews with CEOs, Startups, Founders
How Wil Schroter Made Money at 22 years Old to Eventually Launch Startups.com

But what we ran into per your question about LaunchRock is we knew that in order to have a suite of products that were going to be well-developed, have existing market potential and in momentum, we couldn't possibly build all of those.

SaaS Interviews with CEOs, Startups, Founders
How Wil Schroter Made Money at 22 years Old to Eventually Launch Startups.com

I mean, think about like how many people and how much focus and how much money it would take.

SaaS Interviews with CEOs, Startups, Founders
How Wil Schroter Made Money at 22 years Old to Eventually Launch Startups.com

So we started looking at doing acquisitions.

SaaS Interviews with CEOs, Startups, Founders
How Wil Schroter Made Money at 22 years Old to Eventually Launch Startups.com

At the time, I moved to San Francisco.

SaaS Interviews with CEOs, Startups, Founders
How Wil Schroter Made Money at 22 years Old to Eventually Launch Startups.com

And I started- That time was 2013?

SaaS Interviews with CEOs, Startups, Founders
How Wil Schroter Made Money at 22 years Old to Eventually Launch Startups.com

Yeah, probably 2013, 2014, if my numbers are right.

SaaS Interviews with CEOs, Startups, Founders
How Wil Schroter Made Money at 22 years Old to Eventually Launch Startups.com

And I went there specifically to scout out companies to buy.

SaaS Interviews with CEOs, Startups, Founders
How Wil Schroter Made Money at 22 years Old to Eventually Launch Startups.com

And we looked at, I mean, I probably talked to hundreds of founders, but we looked at 40 companies closely.

SaaS Interviews with CEOs, Startups, Founders
How Wil Schroter Made Money at 22 years Old to Eventually Launch Startups.com

In other words, we did our diligence on 40 companies.

SaaS Interviews with CEOs, Startups, Founders
How Wil Schroter Made Money at 22 years Old to Eventually Launch Startups.com

And we ended up acquiring six companies.

SaaS Interviews with CEOs, Startups, Founders
How Wil Schroter Made Money at 22 years Old to Eventually Launch Startups.com

A few of the other ones that aren't really part of our portfolio in a meaningful way are like Zana, which is where all our video content came from.

SaaS Interviews with CEOs, Startups, Founders
How Wil Schroter Made Money at 22 years Old to Eventually Launch Startups.com

Killer Startups, which is a lot of our just regular content that kind of got phased out.

SaaS Interviews with CEOs, Startups, Founders
How Wil Schroter Made Money at 22 years Old to Eventually Launch Startups.com

There might be another.

SaaS Interviews with CEOs, Startups, Founders
How Wil Schroter Made Money at 22 years Old to Eventually Launch Startups.com

I might be missing one.

SaaS Interviews with CEOs, Startups, Founders
How Wil Schroter Made Money at 22 years Old to Eventually Launch Startups.com

So many acquisitions, but...