The @microacquire October update!

- $27,199,283 in closed acquisitions
- 56 acquisitions successfully closed
- Average acquisition size $485,701
- $1,053,496 in ARR
- Launched M&A Advisor Directory

Full update below... 🧵 Image
- $1,053,496 in ARR
- 10% MoM ARR growth
- Renewal win rate 72%

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- 56 startups MicroAcquire’d
- $27,199,283 in closed acquisitions
- $100m+ in closed acquisitions YTD

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Notable 7-figure acquisition for October

Check out the press release here: plurilock.com/press-release/…

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Launched M&A advisor directory

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Advisor Marketplace Activity

1,210 messages sent between sellers & advisors in October

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Buyer and Seller Marketplace Activity

28,781 messages sent between buyers & sellers in October

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Secured partnership with @AngelList.

Learn more here: angellist.com/microacquire

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Over $1 billion in total combined revenue of all startups listed.

$176m in new total combined revenue for startups listed in October.

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The @microacquire team is growing

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New listings by yearly revenue segment

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New listings by month

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59% of listings approved in October

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Startup listing size is increasing

Up 80% from last year

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Registered buyers increased by 9% in October and 574% growth YTD.

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Learn more about the future of @microacquire by checking out the M&A advisor directory.

Until next month.

For the love of startups! 🤘

resources.microacquire.com/introducing-ou…
One more thing...

This is why team @microacquire exists. Image

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More from @agazdecki

21 Oct
Your main job as CEO is to make sure your team is happy and has everything they need to succeed at your startup. That’s about it.
How to shift gears as CEO to work on your business rather than in your business?

Start by canceling all meetings that are not with your team. Literally everything.

Then put your full focus on coaching, mentoring, and aligning your team on executing strategy.
Also, understand what motivates your team.

Focus on intrinsic motivation (pride of doing a great job) and favor feedback over rewards.

Focus extrinsic motivation (positive and negative feedback.) Use rewards for special performance.
Read 4 tweets
13 Oct
Ever wonder what it's like to bootstrap a multi-million dollar media agency?

Ross Hudgens, the founder of Siege Media, spent years building his media agency to over $12 million in annual revenue.

Here's how he did it: Image
Few founders are truly prepared for success.

It’s such a long slog to the top, it’s easy to lose track of how important you’ve become to your teams, customers, and partners.
Ross Hudgens (@RossHudgens), the founder of Siege Media (@siegemedia), spent years building his media agency to over $12 million in annual revenue.

A stratospheric climb by any standard – but, he discovered, into thin and empty air.
Read 15 tweets
11 Oct
The most rewarding part of @microacquire for me has been the additional exit optionality we've created for startups. Getting acquired is a complex process and we've made this easier for 100s of founders all across the globe. I think that's pretty bad ass.
One of my favorite stories, 22 years old located in India got @microacquire'd for $250k, which may seem small but is life changing for 99% of people. Also heard of people buying homes, weddings, paying off debt, real life stuff, this is what motivates me.
The stories like this are endless.

$7m+ is life changing.
Read 9 tweets
10 Oct
Founder: Have you ever started a company?

VC: No that's too risky for me and I'm afraid of failure, so instead I invest other people's money where I'm correct around 1-2% of the time

Founder: Makes sense
VC: I’m also writing a book on how to create a startup by the way, please check it out

Founder: Wait, aren’t you focusing on your current startup investments?

VC: No I’m mainly focused on building my personal brand these days
Founder: So what will I learn in this book?

VC: Most of the stuff my other VC friends gossip about where we're right 1-2% of the time and my stint at a unicorn where I was employee #2463

Founder: That's awesome, congrats, so how do you make money?

VC: Carry, lots of carry
Read 4 tweets
9 Oct
Data is the new gold.

Here’s how one entrepreneur turned that gold into $1.5 million in annual recurring revenue: Image
The company with the best insights about its customers wins over the competition.

However, many businesses still struggle to wrangle all their raw data into something that’s usable.
Holistics (@holistics_bi) empowers everyone to answer their own data questions without the need to rely on the data team.

The platform lets technical teams define & curate a set of business metrics so non-technical teams can build their own reports & charts without writing SQL.
Read 20 tweets

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