Episode 617 | News Roundup: Profitwell $200M Exit, Spreadsheet Mentality, and Watching an Acquirer Ruin Your Company

Startups For the Rest of Us

Rob Walling

Management, Entrepreneurship, Business, Marketing

4.8 • 792 Ratings

🗓️ 23 August 2022

⏱️ 40 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

In episode 617, Einar Vollset and Tracy Osborn join Rob Walling for a bootstrapper news roundup episode. They cover a wide range of topics from ProfitWell’s big 200 million exit, spreadsheet mentality, watching an acquirer ruin your company, and much more. Topics we cover: [3:06] What’s your take on ProfitWell’s acquisition? [5:52] Watching an acquirer ruin your company [14:03] The spreadsheet mentality [23:09] If you can’t buy it twice, don’t buy it [36:00] Balancing realism with optimism as a founder Links from the Show: Tracy Osborn @tracymakes I Twitter Einar Vollset @einarvollset I Twitter Episode 611 | Bootstrapping ProfitWell to a $200M Exit (with Patrick Campbell) Watching an acquirer ruin your company Episode 605 | Building a SaaS with Little Dev Experience, Using No Code for Your MVP, Bootstrapping a Two-Sided Marketplace, and More Listener Questions The “Spreadsheet Mentality” sucks, and kills the efficacy of jobs If You Can’t Buy It Twice, Don’t Buy It 14 Critical Things Investors Look for In A SaaS Startup Applications for TinySeed’s Fall 2022 SaaS Accelerators Will Open September 12th MicroConf Youtube Channel MicroConf Europe If you have questions about starting or scaling a software business that you’d like for us to cover, please submit your question for an upcoming episode. We’d love to hear from you. Subscribe & Review: iTunes | Spotify | Stitcher

Transcript

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0:00.0	We have a time and a place for MicroConf Europe 2022. It's going to be November 15th through
0:06.0	the 17th at the Intercontinental in Malta. This will be a limited capacity event. It's going to be
0:12.7	smaller than previous MicroConf Europe's due to a number of factors. So it's definitely something
0:17.9	that if you want to go to Malta to MicroConf Europe in November,
0:22.0	you're going to want to head to microconf.com slash Europe for more details and to buy your ticket.
0:27.0	In terms of speakers, I, of course, will be speaking per usual.
0:30.2	And we have Guillam Mubesh.
0:32.1	He's the founder and CEO of Lemlist, which is a company that has bootstrapped to eight figures in ARR.
0:39.2	Hope to see you in Malta, November 15th through the 17th. That's microconf.coms.com slash Europe. Welcome back to another exciting episode.
1:01.1	Startups for the rest of us.
1:02.2	This is a news roundup episode where I call Tracy Osborne and in our Volsette on the show.
1:07.4	We talk about Profit Well's $200 million exit.
1:10.4	We talk about spreadsheet mentality,
1:12.7	watching an acquirer ruin your company and cover other news stories related to bootstrapped
1:17.4	and mostly bootstrapped founders. And if you're into this show and you haven't checked out
1:22.4	our YouTube channel, you really should. I'm releasing what essentially are Rob Solo adventures, but they're videos,
1:29.1	and they're pretty tightly edited. They're between seven and, say, about 15 minutes.
1:33.9	Covering topics ranging from the top 10 avoidable mistakes, SaaS startups make,
1:38.5	SaaS pricing models explained in five minutes, whether microsas products are profitable,
1:43.0	ideal customer acquisition funnels,
1:45.0	how to come up with a go-to-market strategy for SaaS, and on and on. It's just free educational content.
1:51.6	It's microconf.com slash YouTube. I hope you check it out. And with that, let's dive into today's
	...

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