The best startups are bought not sold. MicroAcquire helps startups find buyers. Simple as that. We’ll help you start conversations that lead to an acquisition. Free. Private. No middlemen.
@tripsyapp Thanks Raj, I may make that change but when looking to have your startup acquired you generally don't want this information easily seen by everyone. Ideally only qualified buyers and not your customers or employees. Really appreciate your feedback and thanks for checking out MicroAcquire! Means a lot! Cheers!
Seems this service is just harvesting emails from potential buyers. There's no marketplace from which to view startups for sale. A bit questionable. Will stay with established markets like Flippa for now.
@campeaux Hey Brandon, I just approved your account so you should have access to the marketplace now. To maintain a network of quality buyers and sellers, manual approval is required for now. Sorry for the delay! If you run into any other issues just let me know. Cheers Brandon and thanks for checking out MicroAcquire!
@andrewgazdecki congrats on your launch, signing up as a buyer. Just a heads up, the email confirmation email went to junk (might want to check your SPF, DKMI, etc. settings)
Signed up as a buyer - I know you have to manually approve, and this takes time, but it would be nice to be able to search and save for later, for example.
Kind of like a 'subscribe to this entry' type facility.
@pointandstare That's an awesome feature suggestion thank you! I'd love to add also a feature for buyers to state the profile of business they're looking to acquire and be notified when startups are listed that meet the criteria, so you don't have to check the marketplace all the time and have new opportunities sent to your inbox. If you think of any other improvements for MicroAcquire from the buyer perspective please feel free to contact me anytime! Cheers!
This is absolutely a brilliant idea Andrew. I have a question for you my friend buys 6, 7 and 8 figure companies and think this could be a good fit. WIll you incorporate a referral network into this? ?makers
@jaketital Hey Jake, thanks I really appreciate it! Right now the marketplace is free for everyone (both buyers & sellers) so unfortunately don't have a referral network at this time. I think that's a great idea for the future though! If you think of any other feedback please don't hesitate to reach out to me directly. Cheers bud!
Looks promising.
"You won't see the list with start-ups until your Admin approves your profile." This message is not clear to me. Is it referring to site admin?
I listed my SaaS A few weeks ago and was approved by Andrew in just a few hours. I’ve received eight connections from potential buyers and have talked to three of them. There’s definitely some interest very quickly and I attribute all of this to MicroAcquire.
Hey @andrewgazdecki, do you do anything to help sellers figure out a sensible asking price for their company?
Thinking particularly about early stage companies without a track record of stable revenue growth etc.
This seems like a nice product, I am waiting for verification.
In the mean time, please allow me to be critical of the onboarding process which, I believe, needs to be rethought:
- I need to see some material before I signup as a buyer, at least be able to search your database without the startup names shown.
- This applies as well for a seller because as a seller of anything (my fridge, bike, car, startup), the first thing I’ll do is look at the current market
- Which leads to the choice you offer with only two options (I’m a buyer / I’m a seller), this needs to go away as this will create issues in your project down the line because you’ll have a people register twice as both.
- This is very unusual nowadays to see manual validation. You could also validate automatically by default and restrain the user from doing certain things and when a user is manually validated by you he has full access.
- Last but not least, it seems I am forced to give my personal information before I can do anything (I’m a buyer), this is a big no for me, I don’t want to give you qualified personal data so easily, for all I know you could be a spammer, and now you’d have my full name, email, LinkedIn profile, linked to a qualified lead as a “startup investor” of some sort. So I just think it’s too early in the process to ask personal data.
Please take this as critical feedback, I’d like to see MicroAcquire succeed! Good luck :)
@romainbarissat All valid points Romain, really appreciate the critical feedback more than you! I truly hope to build this platform with entrepreneurs and for entrepreneurs!
@romainbarissat@andrewgazdecki +1 on what Romain said. Setting up a 'Buyer' profile has loads of friction. You should reward the users in some-way after they've confirmed their emails... maybe you can show the first 5 results or ask users to complete their profile if they click on one of the listings. However, without that instant gratification, it's super easy for someone to lose interest and close the tab. Good luck! :)
Listed a product a few weeks ago for sale and got lot's of interest. Decided against selling but it's really nice to know this is a easy and straightforward process to find buyers.
Hey @andrewgazdecki - product looks good! How do you make money?
Some honest feedback: I'm a seller evaluating whether to list. It was pretty off putting to see pictures from a TV show on the About Us page. It's a bit hard to be jokey in your industry, and it calls into question for me if other statements on your site are true vs. a placeholder. Same with the quotes from famous entrepreneurs that are unrelated to your product. One last more structural thing - without a clear idea of how you make money this makes me apprehensive. We trust brokers because we know what their angle is. Not saying this is purposeful, but that lack of transparency makes your service seem more scammy to me.
@acomms Really appreciate the candid feedback. I enjoy creating brands with humor, so I did but understand your viewpoint. As far as how we make money - we have a premium buyer program but for sellers & founders it's an entirely free service without commissions. If you have additional questions please don't hesitate to email me, more than happy to schedule a call if that's easier.
I need at least 8 symbols? "Invalid password format: should be at least 8 symbols, including English letters (with one capital letter), digits, special characters."
@bbhart Hey Brian, try a password with one capitalize letter, number, and special character. If you still have any issues feel free to email me directly. Thanks for checking out MicroAcquire!
@ozgr_shn Hmmmm strange, so far we've seen about 2000+ people sign up since launch so it may be some small issue. Any chance you could email me directly? I would be happy to help! Thanks so much for letting me know!
This looks great, but as a seller, I can't understand all the questions. Some simple tooltips would really help. Until then, I can't complete my submission.
@lincolnwdaniel Hey Lincoln, really appreciate the feedback and I agree that the onboarding process can absolutely be improved. Will definitely add tool tips!
As for your questions, "Financial / Founding" generally means have you raised any debt? Or money from investors? Are you the sole owner of the company?
"Growth opportunities" would be ways you feel a new potential owner could grow your startup should they decide to acquire it. This is a great area for you to point out potential opportunities a new owner could capitalize on.
Awesome product by a seasoned entrepreneur who's personal experience was start for this product! Love how it is put together! Hell, maybe I'll sell something soon here ;)