Startup Acquisition Stories Podcast with Wil Schroter, Founder of Startups.com episode artwork

EPISODE · Feb 27, 2024 · 1H 1M

Startup Acquisition Stories Podcast with Wil Schroter, Founder of Startups.com

from Startup Acquisition Stories · host Acquire.com

Most venture-backed startups fail. It’s a well-known fact, yet many venture-backed founders choose to burn out and ride their dying startups into the ground. Few realize they have options like M&A that could salvage their business for both themselves and their investors. Wil Schroter, founder of Startups.com knows all about failing startups. He founded nine different startups over 30 years despite one of his first businesses crashing due to lack of capital. When his business failed, Wil was perplexed. A business valued in the millions with happy customers and even profits was still able to fall apart to nothing. It defied logic and he felt the business surely should still be valuable to someone. It caused Wil to spend years talking to people in San Francisco trying to understand exactly how to sell and buy dying VC-backed startups. After meetings with over 100 failing VC-backed businesses, Wil created his company Startups.com by buying the assets of six burnt-out VC startups. Since then, he’s made an estimated 50 times ROI from his buys. Tune in to an extra-special episode of Startup Acquisition Stories with Wil and Andrew as they discuss a topics rarely heard about outside of corporate boardrooms like: ► How to know it’s time to throw in the towel on your VC-backed startup ► How to break the news that you want to leave your startup to your board ► Which types of buyers will want to buy your startup ► How to restructure your startup so that it is as desirable as possible to potential buyers. Wil’s isn’t just getting started – he’s been doing what he does for decades. Follow his journey at: Startups.com ​​https://www.linkedin.com/in/wilschroter/ ▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬ 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: Wil Schroter https://twitter.com/wilschroter https://www.linkedin.com/in/wilschroter/ https://startups.com 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.

Most venture-backed startups fail. It’s a well-known fact, yet many venture-backed founders choose to burn out and ride their dying startups into the ground. Few realize they have options like M&A that could salvage their business for both themselves and their investors. Wil Schroter, founder of Startups.com knows all about failing startups. He founded nine different startups over 30 years despite one of his first businesses crashing due to lack of capital. When his business failed, Wil was perplexed. A business valued in the millions with happy customers and even profits was still able to fall apart to nothing. It defied logic and he felt the business surely should still be valuable to someone. It caused Wil to spend years talking to people in San Francisco trying to understand exactly how to sell and buy dying VC-backed startups. After meetings with over 100 failing VC-backed businesses, Wil created his company Startups.com by buying the assets of six burnt-out VC startups. Since then, he’s made an estimated 50 times ROI from his buys. Tune in to an extra-special episode of Startup Acquisition Stories with Wil and Andrew as they discuss a topics rarely heard about outside of corporate boardrooms like: ► How to know it’s time to throw in the towel on your VC-backed startup ► How to break the news that you want to leave your startup to your board ► Which types of buyers will want to buy your startup ► How to restructure your startup so that it is as desirable as possible to potential buyers. Wil’s isn’t just getting started – he’s been doing what he does for decades. Follow his journey at: Startups.com ​​https://www.linkedin.com/in/wilschroter/ ▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬ 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: Wil Schroter https://twitter.com/wilschroter https://www.linkedin.com/in/wilschroter/ https://startups.com 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 Podcast with Wil Schroter, Founder of Startups.com

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How long is this episode of Startup Acquisition Stories?

This episode is 1 hour and 1 minute long.

When was this Startup Acquisition Stories episode published?

This episode was published on February 27, 2024.

What is this episode about?

Most venture-backed startups fail. It’s a well-known fact, yet many venture-backed founders choose to burn out and ride their dying startups into the ground. Few realize they have options like M&A that could salvage their business for both...

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