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1. 
Problem
Founders want to cash out.
ProblemFounders want to cash out.
2. 
Solution
Micro Private Equity buys businesses valued at or under $5 million.
These are not sexy, venture scale startups. Some are technology-focused. But they tend to be simple, cash flow positive companies with stable growth.
SolutionMicro Private Equity buys businesses valued at or under $5 million.
These are not sexy, venture scale startups. Some are technology-focused. But they tend to be simple, cash flow positive companies with stable growth.
3. 
Micro Private Equity Funds
Mudbrick Captial ( @MudbrickCap | @MikeBoyd)
Tera Holdings ( @SavneetS)
Little Engine Ventures ( @LEV_Capital)
Owl Mountain
101 Commerce ( @101Commerce)
Micro Private Equity Funds Mudbrick Captial ( @MudbrickCap | @MikeBoyd) Tera Holdings ( @SavneetS) Little Engine Ventures ( @LEV_Capital) Owl Mountain 101 Commerce ( @101Commerce)
4. Micro Private Equity Funds (con't)
Chenmark Capital
Site Arrow ( @site_arrow)
Dura Software ( @dura_software)
Fork Equity ( @forkequity)
Traction Capital
Micro Private Equity Funds (con't) Chenmark Capital Site Arrow ( @site_arrow) Dura Software ( @dura_software) Fork Equity ( @forkequity) Traction Capital
5. Companies
6Connex ( @6Connex)
Bulk Buy Hosting ( @BulkBuyHosting)
Fomo ( @usefomo)
LaunchCDN ( @LaunchCDN)
DomainNameSanity
Companies 6Connex ( @6Connex) Bulk Buy Hosting ( @BulkBuyHosting) Fomo ( @usefomo) LaunchCDN ( @LaunchCDN) DomainNameSanity
6. Companies (con't)
Moki ( @MokiMDM)
Lobiloo ( @LobilooDesign)
Nordic IT
Cross Sell
New Day Craft ( @NewDayCraft)
Companies (con't) Moki ( @MokiMDM) Lobiloo ( @LobilooDesign) Nordic IT Cross Sell New Day Craft ( @NewDayCraft)
7. Marketplaces
Quiet Light Brokerage ( @quietlightinc)
FE International ( @FEIntl)
BizBuySell ( @BizBuySell)
MicroAcquire ( @microacquire)
Empire Flippers ( @EmpireFlippers)
Marketplaces Quiet Light Brokerage ( @quietlightinc) FE International ( @FEIntl) BizBuySell ( @BizBuySell) MicroAcquire ( @microacquire) Empire Flippers ( @EmpireFlippers)
8. Marketplaces (con't)
Exchange Marketplace ( @exchangeshopify)
Flippa ( @Flippa)
For Sale By Maker ( @mubashariqbal)
Human Proof Designs ( @Human_Proof)
IndieMaker ( @indiemakerco)
Marketplaces (con't) Exchange Marketplace ( @exchangeshopify) Flippa ( @Flippa) For Sale By Maker ( @mubashariqbal) Human Proof Designs ( @Human_Proof) IndieMaker ( @indiemakerco)
9. 
Predictions
Deals will close faster and transaction costs will drop.
Services such as Stripe, Google Analytics, Square and Shopify help buyers verify earnings and growth.
Predictions Deals will close faster and transaction costs will drop. Services such as Stripe, Google Analytics, Square and Shopify help buyers verify earnings and growth.
10. Predictions (con't)
Non-accredited investors will be able to easily invest in micro PE funds.
Look at these platforms:
· Otis ( @withotis)
· Fundrise ( @fundrise)
· MicroVentures ( @microventures)
· Republic ( @joinrepublic) https://www.startups.com/library/expert-advice/american-jobs-act-title-iii-crowdfunding
Predictions (con't) Non-accredited investors will be able to easily invest in micro PE funds.Look at these platforms:
· Otis ( @withotis)
· Fundrise ( @fundrise)
· MicroVentures ( @microventures)
· Republic ( @joinrepublic) https://www.startups.com/library/expert-advice/american-jobs-act-title-iii-crowdfunding
11. 
Opportunities
Build a playbook to boost returns
· Raise revenue with price increases, conversion rate optimization, affiliate commission negotiation
· Lower costs with a remote team, automation, tax credits https://boastcapital.com/sred/
Opportunities Build a playbook to boost returns· Raise revenue with price increases, conversion rate optimization, affiliate commission negotiation
· Lower costs with a remote team, automation, tax credits https://boastcapital.com/sred/
12. Opportunities (con't)
Attract investment opportunities with content and events.
Examples:
· First Round Review ( @firstround)
· Jeff Morris Jr. ( @jmj)
· a16z ( @a16z)
· Founder Summit ( @FounderSummit)
· SaaStr ( @saastr)
Opportunities (con't) Attract investment opportunities with content and events.Examples:
· First Round Review ( @firstround)
· Jeff Morris Jr. ( @jmj)
· a16z ( @a16z)
· Founder Summit ( @FounderSummit)
· SaaStr ( @saastr)
13. Opportunities (con't)
Make offers on abandoned projects found on
· Chrome Web Store
· Shopify App Store
· Product Hunt
Which projects haven't been updated?
Opportunities (con't) Make offers on abandoned projects found on · Chrome Web Store
· Shopify App Store
· Product Hunt
Which projects haven't been updated?
14. Opportunities (con't)
Build a playbook around similar assets.
· Plugins: Figma, Webflow, Slack, Trello, Shopify, WordPress and Chrome
· Templates: WordPress, Ghost, Webflow, Carrd and Bubble
· Content: eBooks, courses, newsletters and affiliate sites
Opportunities (con't) Build a playbook around similar assets.· Plugins: Figma, Webflow, Slack, Trello, Shopify, WordPress and Chrome
· Templates: WordPress, Ghost, Webflow, Carrd and Bubble
· Content: eBooks, courses, newsletters and affiliate sites
15. Opportunities (con't)
Buy businesses with similar customers, cross-sell and lower customer acquisition costs.
Opportunities (con't) Buy businesses with similar customers, cross-sell and lower customer acquisition costs.
16. Opportunities (con't)
Invest across platforms and verticals.
· Amazon recently slashed affiliate commissions
· Coronavirus took out travel-related businesses
You live on the edge by concentrating on one platform or vertical. https://druriley.com/platform-risk/
Opportunities (con't) Invest across platforms and verticals. · Amazon recently slashed affiliate commissions
· Coronavirus took out travel-related businesses
You live on the edge by concentrating on one platform or vertical. https://druriley.com/platform-risk/
17. Opportunities (con't)
Niche horizontally. Focus on a business characteristic instead of a vertical. Consider B2B SaaS, B2C SaaS or digital assets. https://www.investopedia.com/terms/v/verticalmarket.asp
Opportunities (con't) Niche horizontally. Focus on a business characteristic instead of a vertical. Consider B2B SaaS, B2C SaaS or digital assets. https://www.investopedia.com/terms/v/verticalmarket.asp
18. Opportunities (con't)
Start low and stair step up in deal size.
Sure… Small deals have relatively high transaction costs. But fuck ups carry less risk at this level. Move up to bigger acquisitions as you learn. https://www.investopedia.com/terms/t/transactioncosts.asp
Opportunities (con't) Start low and stair step up in deal size. Sure… Small deals have relatively high transaction costs. But fuck ups carry less risk at this level. Move up to bigger acquisitions as you learn. https://www.investopedia.com/terms/t/transactioncosts.asp
19. 
Haters
“You didn’t include Tiny.”
Andrew distinguished between Tiny and PE on The Acquirer’s Podcast with @Greenbackd. I won’t contradict that.
Haters“You didn’t include Tiny.”
Andrew distinguished between Tiny and PE on The Acquirer’s Podcast with @Greenbackd. I won’t contradict that.
20. Haters (con't)
“You didn’t include SureSwitft Captial.”
Kevin said that he doesn’t like the term on The Effective Founder with @andybaldacci. Refer to Tiny.
https://www.stitcher.com/podcast/andy-baldacci/the-early-stage-founder/e/62159084?autoplay=true
Haters (con't)“You didn’t include SureSwitft Captial.”
Kevin said that he doesn’t like the term on The Effective Founder with @andybaldacci. Refer to Tiny.
https://www.stitcher.com/podcast/andy-baldacci/the-early-stage-founder/e/62159084?autoplay=true
21. Haters (con't)
“Sometimes Micro PE buys majority stakes. Not whole companies.”
Nuance. That’s the purpose of this section.
Haters (con't)“Sometimes Micro PE buys majority stakes. Not whole companies.”
Nuance. That’s the purpose of this section.
22. Haters (con't)
"Is this investment advice?"
No.
Haters (con't)"Is this investment advice?"
No.
23. 
Links
Vroom Vroom Vroom & Mudbrick Capital
Mike Boyd ( @MikeBoyd) is a great storyteller. Find out how he got started and why he loves digital assets. Interview w/ @aebridgeman https://www.listennotes.com/podcasts/think-like-an-owner/mike-boyd-vroom-vroom-vroom-yXQOAVDF2ea/
LinksVroom Vroom Vroom & Mudbrick Capital
Mike Boyd ( @MikeBoyd) is a great storyteller. Find out how he got started and why he loves digital assets. Interview w/ @aebridgeman https://www.listennotes.com/podcasts/think-like-an-owner/mike-boyd-vroom-vroom-vroom-yXQOAVDF2ea/
24. Links (con't)
Buying cash-flowing internet companies, starting job boards and building no code projects
This was Andrew's first podcast interview in a while. Find out why he's bullish on no-code (#0006) and podcast memberships (#0002). https://www.listennotes.com/da/podcasts/my-first-million/63-with-andrew-wilkinson-XOqEWHYuiCJ/
Links (con't)Buying cash-flowing internet companies, starting job boards and building no code projects
This was Andrew's first podcast interview in a while. Find out why he's bullish on no-code (#0006) and podcast memberships (#0002). https://www.listennotes.com/da/podcasts/my-first-million/63-with-andrew-wilkinson-XOqEWHYuiCJ/
25. Links (con't)
Billionaire Stephen Schwarzman on Private Equity, His Life and Blackstone
Stephen shares childhood stories and how he built Blackstone.
Links (con't)Billionaire Stephen Schwarzman on Private Equity, His Life and Blackstone
Stephen shares childhood stories and how he built Blackstone.
26. Links (con't)
Q&A with Andrew Wilkinson, Co-founder of Tiny
Andrew Wilkinson ( @awilkinson) came back for an AMA. He fills in the gaps that weren't covered in the interview. https://www.listennotes.com/da/podcasts/my-first-million/65-qa-with-andrew-wilkinson-gw5QaRJOyAk/
Links (con't)Q&A with Andrew Wilkinson, Co-founder of Tiny
Andrew Wilkinson ( @awilkinson) came back for an AMA. He fills in the gaps that weren't covered in the interview. https://www.listennotes.com/da/podcasts/my-first-million/65-qa-with-andrew-wilkinson-gw5QaRJOyAk/
27. Links (con't)
The Snag of Selling to Private Equity
Find out how Sherry Deutschmann ( @sherrystewartd) built a $40 million dollar company and why she insisted on profit-sharing. Interview w/ @JohnWarrillow https://www.builttosell.com/podcast/the-snag-of-selling-to-private-equity/
Links (con't)The Snag of Selling to Private Equity
Find out how Sherry Deutschmann ( @sherrystewartd) built a $40 million dollar company and why she insisted on profit-sharing. Interview w/ @JohnWarrillow https://www.builttosell.com/podcast/the-snag-of-selling-to-private-equity/
28. Links (con't)
Trends #0005 — Bootstrap Funds
Micro PE and Bootstrap Funds have similar investment criteria.
Bootstrap Funds invest earlier, founders sell minority stakes and stay onboard. https://trends.vc/trends-0005-bootstrap-funds/
Links (con't)Trends #0005 — Bootstrap Funds
Micro PE and Bootstrap Funds have similar investment criteria.
Bootstrap Funds invest earlier, founders sell minority stakes and stay onboard. https://trends.vc/trends-0005-bootstrap-funds/
29. Links (con't)
The Berkshire of Software
This is a wide-ranging interview. Savneet ( @SavneetS) and Patrick ( @patrick_oshag) cover Spanish real estate, software sales, gold, crypto and a lot more. https://www.listennotes.com/podcasts/invest-like-the-best/savneet-singh-the-berkshire-yXgfvo3x0IN/
Links (con't)The Berkshire of Software
This is a wide-ranging interview. Savneet ( @SavneetS) and Patrick ( @patrick_oshag) cover Spanish real estate, software sales, gold, crypto and a lot more. https://www.listennotes.com/podcasts/invest-like-the-best/savneet-singh-the-berkshire-yXgfvo3x0IN/
30. Links (con't)
How a Passion for Craft Spirits Turned into a Six-Figures-a-Month Subscription Box Startup
Mack McConnell ( @MACKATTAQ) shares how he built Taster's Club and why he sold to SureSwift Capital. https://www.sureswiftcapital.com/blog/subscription-box-entrepreneur-sells-business/
Links (con't)How a Passion for Craft Spirits Turned into a Six-Figures-a-Month Subscription Box Startup
Mack McConnell ( @MACKATTAQ) shares how he built Taster's Club and why he sold to SureSwift Capital. https://www.sureswiftcapital.com/blog/subscription-box-entrepreneur-sells-business/
If you're interested in trends such as
Cloud Kitchens
Podcast Memberships
Co-Living
ISAs
Bootstrap Funds
No-Code
Remote Fitness
Virtual Meetups
Startup Studios
Paid Newsletters
Micro Private Equity
Check out
https://trends.vc/
Cloud Kitchens Podcast Memberships Co-Living ISAs Bootstrap Funds No-Code Remote Fitness Virtual Meetups Startup Studios Paid Newsletters Micro Private EquityCheck out
https://trends.vc/
