Products have versions, why don't companies? Watch: Listen: Spotify Amazon Apple A Lesson Here's a quick riddle and a dopamine hit. A very strange lesson in psychology. We purchased Growthbar. It required a credit card on signup. Also the entire country of India was blocked due to spam. One of

💡Flip Fund® update - $485k committed. We're closing next week! Watch: https://youtu.be/lki4BGnKmzQ Listen: Spotify Amazon Apple There are many paths to Rome. I didn't think mine would take me on a journey through acquisition land, but that's life isn't it. You probably know what acquisition entrepreneurship is

Listen: Spotify Amazon Apple Watch: XO Buys SaaS companies. We've bought 10. I thought it would be helpful for people to take a look at a snapshot in time for our most recent acquisition. This was all the data available at the time we bought it. Not 100% of it

Watch: https://youtu.be/j9QghkgSFlc Listen: Spotify Amazon Apple but first ... an update on our Flip Fund * We're at $220k hard committed in about a week! Stoked! If you want in, take a look at our deck and hmu with any questions you can view it here: Flip Fund Deck

Watch: Listen: Spotify Amazon Apple 💡Flip Fund 1 is now accepting investment for accredited investors under Reg D 506(c) It is with a tremendous amount of unfounded excitement I present to you this beautiful button that will now let us publicly solicit investment for XO's first ever Flip Fund®

Journey to Raising Discretionary Capital offers an insightful peek into the process of raising $650k for the first Flip Fund. Andrew Pierno shares his learnings and the steps they took, including writing a weekly blog post for three years, doing ten deals nearly bankrupting himself

Spotify Amazon Apple Listen: Watch: Having an audience is insanely powerful. We got nearly $500k of soft commits in<2 weeks. I have: * ~10k followers Twitter * ~11k followers Linkedin * ~800 on this email list. The only one I trust though is this email list. Twitter ... god knows what will happen there, and Linkedin is where I get the most engagement, but having your own email list is beautiful. Every email I send out I get maybe 10 ish replies and have some lovely chats with interesti

💡This post is not a solicitation for investment, but a documentation of our journey raising a fund. Not enough content is out there around tactically how to do this. Hopefully I can change that just a little. Watch: Listen: Spotify Amazon Apple Because I'm a glutton for punishment, about a

Spotify Amazon Apple Watch https://youtu.be/AuPTqBWt-2U Listen The secret elephant in the room of generative AI apps is that almost everyone is seeing insanely high churn levels https://t.co/jUfE1TX8Ws — @levelsio (@levelsio) June 1, 2023 Saas is changing. As we head into a tougher economic environment, I'm

Spotify Amazon Apple This week I just recorded our partner meeting and we just jump right into it. In hindsight I probably should have recorded an intro! Watch: Listen: We are still completing handoff of our largest acquisition to date but were to excited to hold off announcing it for

Spotify Amazon Apple 💡This is just a concept, we're neither raising $ nor soliciting investment.  Watch: Listen: I tried to raise $ for a fund for XO once. I failed. Failure To RaiseAt the beginning of the month we decided to go out and try to raise $1M inequity into XO Capital.

Listen: Spotify Amazon Apple Watch: Feeling poetic. apologies in advance. Also speaking of waiting, my Linkedin account got suspended at 10k followers ... not sure what I violated this time but very glad to also be building this newsletter. Platform risk is stressful. There's a prevalent myth that success in business

Spotify Amazon Apple Watch: Listen: This week we completed the acquisition of what was formerly MailBoat and now userping.io Userping - Send Emails easilyUserping makes it easy to send emails to your customers with a simple rich text editorUserpingSaaS Founders, 2023 What's the bet here? This is one of

Watch: Listen: Spotify Amazon Apple We are in the middle of our 9th acquisition (to be announced later). It's not another AI tool although we have 2 of those under LOI right now. So what's going on here? Does XO buy profitable boring saas companies or pre-revenue experiments with no

Spotify Amazon Apple Listen: Watch: https://youtu.be/JbIkoGGhoak Like much of the rest of the world, we're experimenting with AI generated content. Last week, we bought Supportguy.co and needed some blog posts. We used this process to create the first 5 blog posts to seed our blog. The

We delve into acquisition #8 - SupportGuy.co, a micro SaaS that is set to revolutionize customer support with its AI-powered chatbot. This acquisition aligns with our vertical integration strategy, to own and optimize all tools we use to manage our portfolio.

Spotify Amazon Apple Listen: Watch: We're supposed to be buying boring SaaS businesses that cash flow slowly and consistently. On the small end of the market, that's a little challenging to do. Often, the way that plays out is buying a small B2B enterprise SaaS company that does something pretty

Audio Spotify Amazon Apple Video 💡Fun update. Got a cease and desist order from linkedin over one of these giveaways. Looks like they were working too well! I of course complied and am also of course very very sorry. Over the past 4-5 months we began experimenting with giveaways. We've

We sold Workclout. It was the one company in the portfolio that no longer fit with our relatively new focus on PLG companies. That's not to say we wouldn't acquire a non-plg type company in the future but it would either have to be: 1. Bigger 2. After we reach

We accidentally bought a turnaround. Now, to be clear most of the products we've purchased would fall into the distressed category. 2 have been proper distressed venture deals (former YC companies). But even the tiny ones that are half baked, I'd still consider those distressed. They are! You take them

If you've been missing my dulcet tones check out my most recent interview with Jaryd Krause from Buying Online Businesses Audio Version ‎Buying Online Businesses Podcast: How To Start Buying & Flipping Small Saas Businesses with Andrew Pierno on Apple Podcasts‎Show Buying Online Businesses Podcast, Ep How To Start Buying