An early buyer on MicroAcquire, Spencer Scott acquired a SaaS for $280k. He analyzed the deal like a rental property.
Key points from Spencer's story:
- He wasn't looking seriously for an acquisition but saw an opportunity and grabbed it: Median.
- The tech is what impressed him most. He couldn't believe the product was a small indy SaaS built by a couple developers.
- Median was selling for about 4x revenue, which was $75k ARR.
- Spencer learned the hard way to include teeth in an acquisition letter of intent.
Reach Spencer Scott at:
Official episode page & full show notes at AcquiringMinds.co:
