Startup Acquisition Stories Ep #112 | Making $250,000 on His Second Sale on Acquire.com episode artwork

EPISODE · Sep 19, 2024 · 27 MIN

Startup Acquisition Stories Ep #112 | Making $250,000 on His Second Sale on Acquire.com

from Startup Acquisition Stories · host Acquire.com

Nico Jeannen just made a quarter-million dollar sale a couple weeks ago with the acquisition of his transcription product, Talknotes. It’s his second sale after a string of roughly 17 startups that have seen increasing success. Here’s how he made TalkNotes. One day, Nico was trying to get Google to transcribe a voice note for him when he noticed the quality was poor. He crafted a prototype transcriber using an AI API and posted it on X.com (formerly Twitter) making $700 in just a few days. He scaled further using his knowledge of SEO gained from previous projects. Nico realized he didn’t want to spend hours fixing code and doing customer support after one round of bug fixes dipped customer acquisition by 70%. He wanted to sell quickly – before he burned out. He listed on Acquire and secured an all-cash $200,000 deal in weeks with the help of Ebony on Acquire.com’s support team. Listen to Andrew and Nico’s interview as they discuss: What Nico has learned about startups after building 17 of them Why Nico accepted a drastic price cut for his sale The dangers of playing buyers against each other --------------------------- Be sure to subscribe to see the newest acquisition stories every Tuesday and gain the knowledge to buy or sell your own online business → https://youtube.com/@acquiredotcom?sub_confirmation=1 Want more stories? Access the past 50+ acquisition stories here → https://blog.acquire.com/tag/startup-acquisition-stories-podcast/Thinking about selling your own startup? The number one question is always 'how much can I sell for' and we've got the answers in our biannual valuation multiples reports here → https://blog.acquire.com/tag/acquire-coms-acquisition-multiples-report/ Thinking about buying a startup? Sign up for a free buyer account and browse all the live listings. Upgrade only when you find the right one that fits your acquisition criteria to engage. Get Started → https://acquire.com/buyers/ --------------------------- Follow the Guest: Nico Jeannen - https://www.linkedin.com/in/nico-jeannen/ https://x.com/nico_jeannen Follow the Host: Andrew Gazdecki - https://twitter.com/agazdecki https://www.linkedin.com/in/agazdecki/ https://acquire.com Follow Acquire.com - https://twitter.com/acquiredotcom https://www.linkedin.com/company/acquiredotcom https://www.tiktok.com/@acquiredotcom --------------------------- About Acquire.com: Acquire.com is the largest and most active acquisition marketplace for buying and selling online businesses. Acquire.com is the highest rated platform for both ease and quickness to match buyers and sellers.We cater to all types of online, revenue-generating businesses while producing the highest success rates for SaaS and eCommerce/DTC businesses in the M&A industry. Join over 350,000 entrepreneurs making life-changing connections and deals everyday.

Nico Jeannen just made a quarter-million dollar sale a couple weeks ago with the acquisition of his transcription product, Talknotes. It’s his second sale after a string of roughly 17 startups that have seen increasing success. Here’s how he made TalkNotes. One day, Nico was trying to get Google to transcribe a voice note for him when he noticed the quality was poor. He crafted a prototype transcriber using an AI API and posted it on X.com (formerly Twitter) making $700 in just a few days. He scaled further using his knowledge of SEO gained from previous projects. Nico realized he didn’t want to spend hours fixing code and doing customer support after one round of bug fixes dipped customer acquisition by 70%. He wanted to sell quickly – before he burned out. He listed on Acquire and secured an all-cash $200,000 deal in weeks with the help of Ebony on Acquire.com’s support team. Listen to Andrew and Nico’s interview as they discuss: What Nico has learned about startups after building 17 of them Why Nico accepted a drastic price cut for his sale The dangers of playing buyers against each other --------------------------- Be sure to subscribe to see the newest acquisition stories every Tuesday and gain the knowledge to buy or sell your own online business → https://youtube.com/@acquiredotcom?sub_confirmation=1 Want more stories? Access the past 50+ acquisition stories here → https://blog.acquire.com/tag/startup-acquisition-stories-podcast/Thinking about selling your own startup? The number one question is always 'how much can I sell for' and we've got the answers in our biannual valuation multiples reports here → https://blog.acquire.com/tag/acquire-coms-acquisition-multiples-report/ Thinking about buying a startup? Sign up for a free buyer account and browse all the live listings. Upgrade only when you find the right one that fits your acquisition criteria to engage. Get Started → https://acquire.com/buyers/ --------------------------- Follow the Guest: Nico Jeannen - https://www.linkedin.com/in/nico-jeannen/ https://x.com/nico_jeannen Follow the Host: Andrew Gazdecki - https://twitter.com/agazdecki https://www.linkedin.com/in/agazdecki/ https://acquire.com Follow Acquire.com - https://twitter.com/acquiredotcom https://www.linkedin.com/company/acquiredotcom https://www.tiktok.com/@acquiredotcom --------------------------- About Acquire.com: Acquire.com is the largest and most active acquisition marketplace for buying and selling online businesses. Acquire.com is the highest rated platform for both ease and quickness to match buyers and sellers.We cater to all types of online, revenue-generating businesses while producing the highest success rates for SaaS and eCommerce/DTC businesses in the M&A industry. Join over 350,000 entrepreneurs making life-changing connections and deals everyday.

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Startup Acquisition Stories Ep #112 | Making $250,000 on His Second Sale on Acquire.com

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This episode is 27 minutes long.

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This episode was published on September 19, 2024.

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Nico Jeannen just made a quarter-million dollar sale a couple weeks ago with the acquisition of his transcription product, Talknotes. It’s his second sale after a string of roughly 17 startups that have seen increasing success. Here’s how he made...

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