Current SaaS Acquisition Environment Post COVID-19 with Andrew Gazdecki [SDI]| Podcast #31

Andrew Gazdecki is a storyteller and has been an entrepreneur for a very long time, he started his first company, Bizness Apps, while still in college, which was an affordable mobile app development platform for small businesses, and initially, raised around $100,000 in funding. By the time Bizness Apps was acquired by private equity firm Think3, they had grown to $10M in annual recurring revenue, operating in 40 countries, and employing over 100 people. His second business, Altcoin.io, was a decentralized exchange (DEX) for trading digital assets, by trading on their decentralized, non-custodial platform, traders could protect their assets. Altcoin.io became a champion of security in a market dominated by custodial platforms that put users’ funds at risk. By challenging the status quo, they were defending the rights of traders everywhere – a story that their prospects loved. This eventually led the company to be acquired by global investment firm BnkToTheFuture. During this interview we cover:01:54 - How Andrew, as a College Student, Built BiznessApss in 201013:28 - At $10 MMin ARR, Was Exiting the Right Decision?23:12 - Building Microaquire & Current Vision32:43 - Streamlining the Sales Process of a SaaS company37:31 - What's more important, the content you publish or where you publish it?45:42 - Long-Term Strategies in the Market for Buyers & Sellers on the Post-Covid Environment49:16 - What has Changed on Acquisition Deals, & Some Trends As Startups Emerge from Lockdowns50:46 - Valuations that Sell Quickly in 2020 and Comparison from 201952:22 - How Does the Rest of 2020 Looks like for Andrew Gazdecki58:44 - Outro Mentions:SaaS Deal or Bust Terms:SMBsForbesEntrepreneur Magazine People:Nathan LatkaEddie Maachalani Companies:WixWeeblyTechCrunchBiznessappsG2 Get in touch with Andrew:Andrew’s LinkedinAndrew’s Twitter Tag us & follow:FacebookLinkedInInstagram<a href="https://www.youtube.com/channel/UCYvpqdVVSlSMunWiEwlMjzw" rel="noopener...