The framework I'm using to turn $500k in micro-acquisitions into $1.4m over the next 2 years
The MicroAngel Investment Thesis
Couple of questions:
Seems like a great deal to me by the way, based on the revenue multiple!
Hope that makes sense!
Thanks so much for checking it out :)
Very cool extra info here, thanks a lot. I find this kind of thing super intriguing!
Thanks for sharing Eyal! Perhaps I missed this in the write-up, but I'd be curious how much time you plan on devoting to these investments. Do you see it as somewhat of a full time job, or a part time job?
I'd love to build up a small portfolio, and I do find opportunities, but I'm thinking it's really important that there's some level of vertical/horizontal integration amongst them, so that maintenance/testing/marketing efforts have increased returns. For example, I've just acquired an app in the digital-wellness space, and I think it would be beneficial for a second acquisition to also be in that space. If you have any thoughts on this, I'd love your take.
Hey! I went ahead and shared a part of the write-up via the Twitter thread. The deep-dive is available to my Substack subscribers
Importantly, there's a case for selecting products that are complimentary as cross-sells. But that's not always possible -- it is a goal though!
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Thanks for checking it out and enjoy!
Nice Article Eyal - Venkat
Thanks much 👊