Founder of XOXO Capital
When we were doing diligence on Sentiment Investor (acq #4) I knew I was going to have to rebuild the thing from scratch. Spending $1400 a month just on Firebase hurts my soul and the whole architecture was super google-ed out (i.e. expensive). For context, Sentiment Investor scrapes social
Sentiment Investor is XO Capital's 4th Acquisition! Three weeks ago, we purchased sentimentinvestor.com. It was created by a team of university students in the UK who had already monetized it a bit. I've been keeping an eye on this space for some time and felt
Structuring deals isn't my strong suit. I don't have enough reps yet. Luckily, there's a gentleman on our team who does! Henry's background is in private equity. He can run through financials like nobody's business and come out on the
Buy products, sell companies Sorry for the cheesy ass stock photo. There's a special place in my heart where this shit will never not be funny. This is going to be an open, stream of consciousness piece about whether we should buy 2 companies we have in the
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How To Sell A Micro SaaS Company This post will take the perspective of a founder looking to sell their (micro) SaaS company. We've been on both sides of the table, most recently selling one of our portfolio companies on Micro Acquire.
Podcast
Audio Spotify Amazon Apple [00:00:00] Andrew Pierno: All right. Fund stuff. Episode seven. I didn't think we'd make it to seven. To be honest, I thought I'd do like two or three and then, forget about it. But anyways, I'm
Podcast
Fund Stuff Episode 6. Join me and Dominic Wells from Onfolio as we chat about permanent capital and going public
Podcast
How to Build a Portfolio of Micro SaaS BusinessesHard-won lessons about buying micro SaaS businesses from Andrew Pierno, who has acquired 3 and plans to buy many more.Acquiring Minds logoWill Smith,whentheresawill Yo dudes, and dudettes and everyone in between, Earlier this week I spoke with Will Smith who
Podcast
I reached out to Nick Duncan who had been running some pricing experiments on Twitter for his new site content thought. And decided to bring him on to chat through pricing. We both mutually decided that pricing is tough and that's all there is to it.
A few weeks ago I mused on our thesis, but I'm not sure thesis is the right word. I've been reading a lot of fund thesis' and frankly they're mostly fluffy bullshit. I don't see how you get buy-in today on
Portfolio
If you're here for numbers, I apologize. Perhaps in a later post I can share them but for now, the story will have to be enough. This week marks the first time XO has ever bought, operated, and sold a company. This isn't a celebratory post
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It may strike you as idiotic to start a fund without at thesis. We didn't. We started out with a narrow thesis and dropped it quite quickly. We were going to buy no-code tools. Anything that used to require a developer but now could be built without one