A thread:
https://abs.twimg.com/emoji/v2/... draggable="false" alt="💰" title="Money bag" aria-label="Emoji: Money bag"> Trends #0012 — Micro Private Equity https://trends.vc/trends-0012-micro-private-equity/">https://trends.vc/trends-00...
1.
https://abs.twimg.com/emoji/v2/... draggable="false" alt="🔍" title="Left-pointing magnifying glass" aria-label="Emoji: Left-pointing magnifying glass"> Problem
Founders want to cash out.
Founders want to cash out.
2.
https://abs.twimg.com/emoji/v2/... draggable="false" alt="💡" title="Electric light bulb" aria-label="Emoji: Electric light bulb"> 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.
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.
3.
https://abs.twimg.com/emoji/v2/... draggable="false" alt="🏁" title="Chequered flag" aria-label="Emoji: Chequered flag"> Micro Private Equity Funds
https://abs.twimg.com/emoji/v2/... draggable="false" alt="🔘" title="Radio button" aria-label="Emoji: Radio button"> Mudbrick Captial ( @MudbrickCap | @MikeBoyd)
https://abs.twimg.com/emoji/v2/... draggable="false" alt="🔘" title="Radio button" aria-label="Emoji: Radio button"> Tera Holdings ( @SavneetS)
https://abs.twimg.com/emoji/v2/... draggable="false" alt="🔘" title="Radio button" aria-label="Emoji: Radio button"> Little Engine Ventures ( @LEV_Capital)
https://abs.twimg.com/emoji/v2/... draggable="false" alt="🔘" title="Radio button" aria-label="Emoji: Radio button"> Owl Mountain
https://abs.twimg.com/emoji/v2/... draggable="false" alt="🔘" title="Radio button" aria-label="Emoji: Radio button"> 101 Commerce ( @101Commerce)
4.
https://abs.twimg.com/emoji/v2/... draggable="false" alt="🏁" title="Chequered flag" aria-label="Emoji: Chequered flag"> Micro Private Equity Funds (con& #39;t)
https://abs.twimg.com/emoji/v2/... draggable="false" alt="🔘" title="Radio button" aria-label="Emoji: Radio button"> Chenmark Capital
https://abs.twimg.com/emoji/v2/... draggable="false" alt="🔘" title="Radio button" aria-label="Emoji: Radio button"> Site Arrow ( @site_arrow)
https://abs.twimg.com/emoji/v2/... draggable="false" alt="🔘" title="Radio button" aria-label="Emoji: Radio button"> Dura Software ( @dura_software)
https://abs.twimg.com/emoji/v2/... draggable="false" alt="🔘" title="Radio button" aria-label="Emoji: Radio button"> Fork Equity ( @forkequity)
https://abs.twimg.com/emoji/v2/... draggable="false" alt="🔘" title="Radio button" aria-label="Emoji: Radio button"> Traction Capital
5.
https://abs.twimg.com/emoji/v2/... draggable="false" alt="🏁" title="Chequered flag" aria-label="Emoji: Chequered flag"> Companies
https://abs.twimg.com/emoji/v2/... draggable="false" alt="⚪" title="White circle" aria-label="Emoji: White circle"> 6Connex ( @6Connex)
https://abs.twimg.com/emoji/v2/... draggable="false" alt="⚪" title="White circle" aria-label="Emoji: White circle"> Bulk Buy Hosting ( @BulkBuyHosting)
https://abs.twimg.com/emoji/v2/... draggable="false" alt="⚪" title="White circle" aria-label="Emoji: White circle"> Fomo ( @usefomo)
https://abs.twimg.com/emoji/v2/... draggable="false" alt="⚪" title="White circle" aria-label="Emoji: White circle"> LaunchCDN ( @LaunchCDN)
https://abs.twimg.com/emoji/v2/... draggable="false" alt="⚪" title="White circle" aria-label="Emoji: White circle"> DomainNameSanity
6.
https://abs.twimg.com/emoji/v2/... draggable="false" alt="🏁" title="Chequered flag" aria-label="Emoji: Chequered flag"> Companies (con& #39;t)
https://abs.twimg.com/emoji/v2/... draggable="false" alt="⚪" title="White circle" aria-label="Emoji: White circle"> Moki ( @MokiMDM)
https://abs.twimg.com/emoji/v2/... draggable="false" alt="⚪" title="White circle" aria-label="Emoji: White circle"> Lobiloo ( @LobilooDesign)
https://abs.twimg.com/emoji/v2/... draggable="false" alt="⚪" title="White circle" aria-label="Emoji: White circle"> Nordic IT
https://abs.twimg.com/emoji/v2/... draggable="false" alt="⚪" title="White circle" aria-label="Emoji: White circle"> Cross Sell
https://abs.twimg.com/emoji/v2/... draggable="false" alt="⚪" title="White circle" aria-label="Emoji: White circle"> New Day Craft ( @NewDayCraft)
7.
https://abs.twimg.com/emoji/v2/... draggable="false" alt="🏁" title="Chequered flag" aria-label="Emoji: Chequered flag"> Marketplaces
https://abs.twimg.com/emoji/v2/... draggable="false" alt="⚫" title="Black circle" aria-label="Emoji: Black circle"> Quiet Light Brokerage ( @quietlightinc)
https://abs.twimg.com/emoji/v2/... draggable="false" alt="⚫" title="Black circle" aria-label="Emoji: Black circle"> FE International ( @FEIntl)
https://abs.twimg.com/emoji/v2/... draggable="false" alt="⚫" title="Black circle" aria-label="Emoji: Black circle"> BizBuySell ( @BizBuySell)
https://abs.twimg.com/emoji/v2/... draggable="false" alt="⚫" title="Black circle" aria-label="Emoji: Black circle"> MicroAcquire ( @microacquire)
https://abs.twimg.com/emoji/v2/... draggable="false" alt="⚫" title="Black circle" aria-label="Emoji: Black circle"> Empire Flippers ( @EmpireFlippers)
8.
https://abs.twimg.com/emoji/v2/... draggable="false" alt="🏁" title="Chequered flag" aria-label="Emoji: Chequered flag"> Marketplaces (con& #39;t)
https://abs.twimg.com/emoji/v2/... draggable="false" alt="⚫" title="Black circle" aria-label="Emoji: Black circle"> Exchange Marketplace ( @exchangeshopify)
https://abs.twimg.com/emoji/v2/... draggable="false" alt="⚫" title="Black circle" aria-label="Emoji: Black circle"> Flippa ( @Flippa)
https://abs.twimg.com/emoji/v2/... draggable="false" alt="⚫" title="Black circle" aria-label="Emoji: Black circle"> For Sale By Maker ( @mubashariqbal)
https://abs.twimg.com/emoji/v2/... draggable="false" alt="⚫" title="Black circle" aria-label="Emoji: Black circle"> Human Proof Designs ( @Human_Proof)
https://abs.twimg.com/emoji/v2/... draggable="false" alt="⚫" title="Black circle" aria-label="Emoji: Black circle"> IndieMaker ( @indiemakerco)
9.
https://abs.twimg.com/emoji/v2/... draggable="false" alt="🔮" title="Crystal ball" aria-label="Emoji: Crystal ball"> Predictions
https://abs.twimg.com/emoji/v2/... draggable="false" alt="✨" title="Sparkles" aria-label="Emoji: Sparkles"> Deals will close faster and transaction costs will drop.
Services such as Stripe, Google Analytics, Square and Shopify help buyers verify earnings and growth.
Services such as Stripe, Google Analytics, Square and Shopify help buyers verify earnings and growth.
10.
https://abs.twimg.com/emoji/v2/... draggable="false" alt="🔮" title="Crystal ball" aria-label="Emoji: Crystal ball"> Predictions (con& #39;t)
https://abs.twimg.com/emoji/v2/... draggable="false" alt="✨" title="Sparkles" aria-label="Emoji: Sparkles"> 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">https://www.startups.com/library/e...
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">https://www.startups.com/library/e...
11.
https://abs.twimg.com/emoji/v2/... draggable="false" alt="☁️" title="Cloud" aria-label="Emoji: Cloud"> Opportunities
https://abs.twimg.com/emoji/v2/... draggable="false" alt="🔵" title="Blue circle" aria-label="Emoji: Blue circle"> 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/ ">https://boastcapital.com/sred/&quo...
· Raise revenue with price increases, conversion rate optimization, affiliate commission negotiation
· Lower costs with a remote team, automation, tax credits https://boastcapital.com/sred/ ">https://boastcapital.com/sred/&quo...
12.
https://abs.twimg.com/emoji/v2/... draggable="false" alt="☁️" title="Cloud" aria-label="Emoji: Cloud"> Opportunities (con& #39;t)
https://abs.twimg.com/emoji/v2/... draggable="false" alt="🔵" title="Blue circle" aria-label="Emoji: Blue circle"> Attract investment opportunities with content and events.
Examples:
· First Round Review ( @firstround)
· Jeff Morris Jr. ( @jmj)
· a16z ( @a16z)
· Founder Summit ( @FounderSummit)
· SaaStr ( @saastr)
Examples:
· First Round Review ( @firstround)
· Jeff Morris Jr. ( @jmj)
· a16z ( @a16z)
· Founder Summit ( @FounderSummit)
· SaaStr ( @saastr)
13.
https://abs.twimg.com/emoji/v2/... draggable="false" alt="☁️" title="Cloud" aria-label="Emoji: Cloud"> Opportunities (con& #39;t)
https://abs.twimg.com/emoji/v2/... draggable="false" alt="🔵" title="Blue circle" aria-label="Emoji: Blue circle"> Make offers on abandoned projects found on
· Chrome Web Store
· Shopify App Store
· Product Hunt
Which projects haven& #39;t been updated?
· Chrome Web Store
· Shopify App Store
· Product Hunt
Which projects haven& #39;t been updated?
14.
https://abs.twimg.com/emoji/v2/... draggable="false" alt="☁️" title="Cloud" aria-label="Emoji: Cloud"> Opportunities (con& #39;t)
https://abs.twimg.com/emoji/v2/... draggable="false" alt="🔵" title="Blue circle" aria-label="Emoji: Blue circle"> 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
· Plugins: Figma, Webflow, Slack, Trello, Shopify, WordPress and Chrome
· Templates: WordPress, Ghost, Webflow, Carrd and Bubble
· Content: eBooks, courses, newsletters and affiliate sites
15.
https://abs.twimg.com/emoji/v2/... draggable="false" alt="☁️" title="Cloud" aria-label="Emoji: Cloud"> Opportunities (con& #39;t)
https://abs.twimg.com/emoji/v2/... draggable="false" alt="🔵" title="Blue circle" aria-label="Emoji: Blue circle"> Buy businesses with similar customers, cross-sell and lower customer acquisition costs.
16.
https://abs.twimg.com/emoji/v2/... draggable="false" alt="☁️" title="Cloud" aria-label="Emoji: Cloud"> Opportunities (con& #39;t)
https://abs.twimg.com/emoji/v2/... draggable="false" alt="🔵" title="Blue circle" aria-label="Emoji: Blue circle"> 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/ ">https://druriley.com/platform-...
· 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/ ">https://druriley.com/platform-...
17.
https://abs.twimg.com/emoji/v2/... draggable="false" alt="☁️" title="Cloud" aria-label="Emoji: Cloud"> Opportunities (con& #39;t)
https://abs.twimg.com/emoji/v2/... draggable="false" alt="🔵" title="Blue circle" aria-label="Emoji: Blue circle"> 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">https://www.investopedia.com/terms/v/v...
18.
https://abs.twimg.com/emoji/v2/... draggable="false" alt="☁️" title="Cloud" aria-label="Emoji: Cloud"> Opportunities (con& #39;t)
https://abs.twimg.com/emoji/v2/... draggable="false" alt="🔵" title="Blue circle" aria-label="Emoji: Blue circle"> 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">https://www.investopedia.com/terms/t/t...
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">https://www.investopedia.com/terms/t/t...
19.
https://abs.twimg.com/emoji/v2/... draggable="false" alt="😠" title="Angry face" aria-label="Emoji: Angry face"> Haters
“You didn’t include Tiny.”
Andrew distinguished between Tiny and PE on The Acquirer’s Podcast with @Greenbackd. I won’t contradict that. https://www.youtube.com/watch?v=QfVB5Tw-fro">https://www.youtube.com/watch...
“You didn’t include Tiny.”
Andrew distinguished between Tiny and PE on The Acquirer’s Podcast with @Greenbackd. I won’t contradict that. https://www.youtube.com/watch?v=QfVB5Tw-fro">https://www.youtube.com/watch...
20.
https://abs.twimg.com/emoji/v2/... draggable="false" alt="😠" title="Angry face" aria-label="Emoji: Angry face"> Haters (con& #39;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://abs.twimg.com/emoji/v2/... draggable="false" alt="👆" title="Up pointing backhand index" aria-label="Emoji: Up pointing backhand index"> https://www.stitcher.com/podcast/andy-baldacci/the-early-stage-founder/e/62159084?autoplay=true">https://www.stitcher.com/podcast/a...
“You didn’t include SureSwitft Captial.”
Kevin said that he doesn’t like the term on The Effective Founder with @andybaldacci. Refer to Tiny.
21.
https://abs.twimg.com/emoji/v2/... draggable="false" alt="😠" title="Angry face" aria-label="Emoji: Angry face"> Haters (con& #39;t)
“Sometimes Micro PE buys majority stakes. Not whole companies.”
Nuance. That’s the purpose of this section.
“Sometimes Micro PE buys majority stakes. Not whole companies.”
Nuance. That’s the purpose of this section.
22.
https://abs.twimg.com/emoji/v2/... draggable="false" alt="😠" title="Angry face" aria-label="Emoji: Angry face"> Haters (con& #39;t)
"Is this investment advice?"
No.
"Is this investment advice?"
No.
23.
https://abs.twimg.com/emoji/v2/... draggable="false" alt="🔗" title="Link symbol" aria-label="Emoji: Link symbol"> 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/">https://www.listennotes.com/podcasts/...
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/">https://www.listennotes.com/podcasts/...
24.
https://abs.twimg.com/emoji/v2/... draggable="false" alt="🔗" title="Link symbol" aria-label="Emoji: Link symbol"> Links (con& #39;t)
Buying cash-flowing internet companies, starting job boards and building no code projects
This was Andrew& #39;s first podcast interview in a while. Find out why he& #39;s bullish on no-code ( #0006) and podcast memberships ( #0002). https://www.listennotes.com/da/podcasts/my-first-million/63-with-andrew-wilkinson-XOqEWHYuiCJ/">https://www.listennotes.com/da/podcas...
Buying cash-flowing internet companies, starting job boards and building no code projects
This was Andrew& #39;s first podcast interview in a while. Find out why he& #39;s bullish on no-code ( #0006) and podcast memberships ( #0002). https://www.listennotes.com/da/podcasts/my-first-million/63-with-andrew-wilkinson-XOqEWHYuiCJ/">https://www.listennotes.com/da/podcas...
25.
https://abs.twimg.com/emoji/v2/... draggable="false" alt="🔗" title="Link symbol" aria-label="Emoji: Link symbol"> Links (con& #39;t)
Billionaire Stephen Schwarzman on Private Equity, His Life and Blackstone
Stephen shares childhood stories and how he built Blackstone. https://www.youtube.com/watch?v=xR5HzXCp1uo">https://www.youtube.com/watch...
Billionaire Stephen Schwarzman on Private Equity, His Life and Blackstone
Stephen shares childhood stories and how he built Blackstone. https://www.youtube.com/watch?v=xR5HzXCp1uo">https://www.youtube.com/watch...
26.
https://abs.twimg.com/emoji/v2/... draggable="false" alt="🔗" title="Link symbol" aria-label="Emoji: Link symbol"> Links (con& #39;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& #39;t covered in the interview. https://www.listennotes.com/da/podcasts/my-first-million/65-qa-with-andrew-wilkinson-gw5QaRJOyAk/">https://www.listennotes.com/da/podcas...
Q&A with Andrew Wilkinson, Co-founder of Tiny
Andrew Wilkinson ( @awilkinson) came back for an AMA. He fills in the gaps that weren& #39;t covered in the interview. https://www.listennotes.com/da/podcasts/my-first-million/65-qa-with-andrew-wilkinson-gw5QaRJOyAk/">https://www.listennotes.com/da/podcas...
27.
https://abs.twimg.com/emoji/v2/... draggable="false" alt="🔗" title="Link symbol" aria-label="Emoji: Link symbol"> Links (con& #39;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/">https://www.builttosell.com/podcast/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/">https://www.builttosell.com/podcast/t...
28.
https://abs.twimg.com/emoji/v2/... draggable="false" alt="🔗" title="Link symbol" aria-label="Emoji: Link symbol"> Links (con& #39;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/">https://trends.vc/trends-00...
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/">https://trends.vc/trends-00...
29.
https://abs.twimg.com/emoji/v2/... draggable="false" alt="🔗" title="Link symbol" aria-label="Emoji: Link symbol"> Links (con& #39;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/">https://www.listennotes.com/podcasts/...
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/">https://www.listennotes.com/podcasts/...
30.
https://abs.twimg.com/emoji/v2/... draggable="false" alt="🔗" title="Link symbol" aria-label="Emoji: Link symbol"> Links (con& #39;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& #39;s Club and why he sold to SureSwift Capital. https://www.sureswiftcapital.com/blog/subscription-box-entrepreneur-sells-business/">https://www.sureswiftcapital.com/blog/subs...
How a Passion for Craft Spirits Turned into a Six-Figures-a-Month Subscription Box Startup
Mack McConnell ( @MACKATTAQ) shares how he built Taster& #39;s Club and why he sold to SureSwift Capital. https://www.sureswiftcapital.com/blog/subscription-box-entrepreneur-sells-business/">https://www.sureswiftcapital.com/blog/subs...
If you& #39;re interested in trends such as
https://abs.twimg.com/emoji/v2/... draggable="false" alt="🍳" title="Cooking" aria-label="Emoji: Cooking"> Cloud Kitchens
https://abs.twimg.com/emoji/v2/... draggable="false" alt="🎙️" title="Studio microphone" aria-label="Emoji: Studio microphone"> Podcast Memberships
https://abs.twimg.com/emoji/v2/... draggable="false" alt="🏠" title="House building" aria-label="Emoji: House building"> Co-Living
https://abs.twimg.com/emoji/v2/... draggable="false" alt="💸" title="Money with wings" aria-label="Emoji: Money with wings"> ISAs
https://abs.twimg.com/emoji/v2/... draggable="false" alt="🥾" title="Hiking boot" aria-label="Emoji: Hiking boot"> Bootstrap Funds
https://abs.twimg.com/emoji/v2/... draggable="false" alt="🧱" title="Bricks" aria-label="Emoji: Bricks"> No-Code
https://abs.twimg.com/emoji/v2/... draggable="false" alt="🏋️" title="Person lifting weights" aria-label="Emoji: Person lifting weights"> Remote Fitness
https://abs.twimg.com/emoji/v2/... draggable="false" alt="🌐" title="Globe with meridians" aria-label="Emoji: Globe with meridians"> Virtual Meetups
https://abs.twimg.com/emoji/v2/... draggable="false" alt="🦄" title="Unicorn face" aria-label="Emoji: Unicorn face"> Startup Studios
https://abs.twimg.com/emoji/v2/... draggable="false" alt="💌" title="Love letter" aria-label="Emoji: Love letter"> Paid Newsletters
https://abs.twimg.com/emoji/v2/... draggable="false" alt="💰" title="Money bag" aria-label="Emoji: Money bag"> Micro Private Equity
Check out
https://abs.twimg.com/emoji/v2/... draggable="false" alt="⬇️" title="Downwards arrow" aria-label="Emoji: Downwards arrow"> https://trends.vc/ ">https://trends.vc/">...
Check out