Happy Turkey Day! 🦃 Hope you all have taken some time off and gotten a bit of rest. Journey is XO's 11th acquisition. Let's take a look at what has been accomplished so far in the past two weeks. Acquisition #11 - Journey.io (aka Don’t Stop Believing)Spotify Amazon
Spotify Amazon Apple This week Danny Takes over for our (slightly delayed) Oct 2023 update! 0:00 Alrighty, a little bit overdue it's the tenth already but wanted to do a recap of October for us. Again, this is, this is reported from Stripes. 0:16 So take it with
Spotify Amazon Apple Lots of journey puns so sorry in advance. A little over a year ago I tried to raise a discretionary capital fund by putting all our assets into 1 company and selling shares of that company ... nobody wanted in Failure To RaiseAt the beginning of the month
In hindsight, growth in 2020-2022 was easy. It required no discipline, no luck, no grinding effort to find truffles in a field of manure. I started an agency that got to $35k MRR in a few months ... I thought I was smart. Nope! We do half the revenue now. That
To say Chat GPT is useful isn't very insightful, but I recently got access to their advanced data analysis plugin and it's amazing. If you haven't poked around with it yet, you should! For a deal we currently have under LOI, I've made great use of it to ask all
💡This thesis is self serving. It's also true. This only applies to b2b saas (which is our universe) Watch: Listen: Spotify Amazon Apple Company building is hard and capital inefficient. Because of this, many businesses raise venture capital, which has a business model. That business model requires outsized returns following
Watch: Listen: Spotify Amazon Apple So you bought a SaaS! Nice job, welcome to the first day of the rest of your hold period. Let's jump into what's next: a post acquisition growth strategy. The good news is that if you acquired the company "correctly", then you should already have
Check out the monthly recap report for September 2023.
After about 4 weeks, we've raised a total of $565k from 11 investors. 9 of them have been avid readers of our blog over the years proving (not for the last time) just how important it is to build and own an audience. Investors put in $510k, and we put
This week, Danny is taking over with an in depth breakdown of our ownership of Growthbar over the first 90 days. It's been turbulent but appears to be stabilizing. Here's a teaser: Month 1 - We didn't change much. Great month. Month 2 - We removed forcing people to enter
Watch: Listen: Spotify Amazon Apple I'm a pickleball addict. This weekend I played in a tournament and had some tough opponents. There are some games you can come in and just dominate. You'll find a trick, or a weak spot that works for that game and just keep pounding away
Watch: Listen: Spotify Amazon Apple If you're tired of hearing about 'synergies' and 'long-term strategic visions,' you're in the right place. Today, we're getting into the nitty-gritty of micro SaaS negotiations. Keep in mind, this is our style. You may develop your own but this is how we do