Why are micro-acquisitiong being overlooked?
I feel like there's a shift happening in the startup community now, and more and more people are celebrating "small" acquisitions.
But how big are those small acquisitions? If you think of SaaS company that's being sold for $1M in terms of making it to the cover of Forbes or TechCrunch, yes, they may be overlooked. But if you look at what this kind of exit can do for a founder, it's a totally different story.
An acquisition can offer a founder the safety net they're looking for, a chance to start a new venture, and a chance to step back and think about what to do next.
The most recent episode of saas.unbound podcast features Andrew Gazdecki, founder of acquire.com. There, he talks about the trends they see in the acquisitions space, why he tries to talk to every founder that sells on the platform, and how they are planning to automate the acquisition process.
I would say they tend to be harder to find and not make solo founders know the basics of selling.. creating pitch decks, knowing their numbers, meaningful KPI's etc..
Do you think it'd be helpful to create a roadmap with all the steps that are necessary for the acquisition?