In this episode of the SaaS Revolution Show our host Alex Theuma is joined by Tim Schumacher, co-founder of
saas.group, as he shares his insights on exiting your SaaS business.
"The one thing that's moved the needle every time is being open about certain problems which appear in one business and solving them myself, in a way, and that usually made a good business. And those were always been than the ones where I was just looking at some general trend I didn't really understand, those were my failures."
Tim shares:
- Growing his first business: from three friends in a garage to 300 people (before then selling to United Internet!)
- His beginnings in angel investing and what constitutes a fundable founder
- A
saas.group snapshot: 20 companies acquired ranging between $1-$10M ARR
- The key steps involved with acquisitions (and why soul searching is #1)
- His advice to founders considering an acquisition... and why it's important to remember valuation is just one factor!
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